In 2023, the sold production of perfumes and toilet preparations in Finland was 189.22 thousand kilograms. This reflects a minor year-on-year growth of 3.77%. Over the last two years, the market exhibited notable variability, with a decline of 20.35% in 2022, followed by a modest increase in 2023. The compound annual growth rate (CAGR) over the last five years has been 12.06%, indicating a positive, though fluctuating, trend.

Looking forward, the forecasted data suggests a steady increase in production volumes, reaching 222.57 thousand kilograms by 2028. The forecasted CAGR over the next five years is 2.57%, predicting a gradual annual growth rate culminating in an overall increase of 13.55% by 2028.

Future trends to watch for include:

Emerging consumer preferences for eco-friendly and organic products.
Technological innovations in fragrance formulation and production processes.
Potential impacts of regulatory changes and sustainability initiatives on production methods.