Based on the forecast data for Italy from 2024 to 2028, the sold production of perfumes and toilet waters is expected to show a continuous upward trend. In 2023, the production volume stood at 22.342 million liters. The forecasted values are as follows: 22.979 million liters in 2024, increasing to 23.631 million liters in 2025, 24.277 million liters in 2026, 24.915 million liters in 2027, and reaching 25.548 million liters in 2028. The year-on-year percentage variations for the forecast are: 2.85% for 2024, 2.84% for 2025, 2.73% for 2026, 2.63% for 2027, and 2.54% for 2028. The Compound Annual Growth Rate (CAGR) over the forecast period is approximately 2.72%.
Future trends to watch for include technological advancements in fragrance production, increasing consumer preference towards natural and sustainable products, and potential changes in regulatory standards that might affect production processes or costs. Additionally, market dynamics such as competitive landscape shifts, consumer spending habits, and global economic factors could further influence growth trends in the Italian perfume and toilet waters market.
