The market size value per capita for mixed odoriferous substances for industrial use in Malaysia has shown a general upward trend from 2013 to 2023, reaching $14.47 in 2023. Notable fluctuations occurred, with a decrease in 2020, likely influenced by global economic challenges, followed by a recovery in 2021. The year-on-year growth from 2022 to 2023 was approximately 1.9%. Over the last five years, the compound annual growth rate (CAGR) was around 1.8%.
Future trends to watch for include increased demand driven by the cosmetics and consumer goods sectors, advancements in industrial processes, and sustainable practices influencing production and sourcing. Monitoring regulatory changes and technological innovations could also impact market dynamics.
| # | 44 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 84.24 | 2023 | View data | ||
| 2 | 2 Spain | 75.43 | 2023 | View data | ||
| 3 | 3 Germany | 60.69 | 2023 | View data | ||
| 4 | 4 United Kingdom | 60.64 | 2023 | View data | ||
| 5 | 5 Canada | 58.31 | 2023 | View data | ||
| 29 | 29 Namibia | 15.6 | 2023 | View data | ||
| 30 | 30 Estonia | 15.5 | 2023 | View data | ||
| 31 | 31 Malaysia | 14.47 | 2023 | |||
| 32 | 32 Bosnia and Herzegovina | 12.85 | 2023 | View data | ||
| 33 | 33 Peru | 12.46 | 2023 | View data | ||
