Forecast: Export of Perfumes and Toilet Waters from Viet Nam

The export of perfumes and toilet waters from Viet Nam peaked at 209.04 thousand kilograms in 2013 and subsequently experienced fluctuations. Between 2013 and 2023, the volume saw a declining trend with notable variations, such as a significant drop in 2014 and 2016. However, the volume gradually recuperated after 2017, maintaining minor fluctuations, and stood at 177.26 thousand kilograms in 2023. The last two years saw marginal growth, with year-on-year variations of 0.48% in 2022 and 0.47% in 2023. Over the past five years, the Compound Annual Growth Rate (CAGR) was 0.49%, indicating a modest but stable trend.

Future trends forecast mild growth, with the export volume projected to reach 181.56 thousand kilograms by 2028, reflecting an average annual growth rate of 0.38% and an overall growth of 1.91% over the next five years. Despite slow growth, market stability is anticipated. Monitoring global demand shifts, emerging markets, and changing consumer preferences will be essential factors influencing long-term export potential.