In 2023, the export volume of Perfumes and Toilet Waters from India stood at 14.567 million kilograms. The forecasted data for the upcoming years from 2024 to 2028 indicate a steady increase in exports: 14.653 million kg in 2024, 14.742 million kg in 2025, 14.829 million kg in 2026, 14.914 million kg in 2027, and 14.997 million kg in 2028.
Year-on-year variations are modest but indicate a consistent upward trend. Comparing the data points:
- 2024 shows an increase of about 0.59% over 2023.
- 2025 indicates a rise of approximately 0.61% over 2024.
- 2026 has an increment of around 0.59% over 2025.
- 2027 shows an increase of approximately 0.57% over 2026.
- 2028 indicates a rise of about 0.56% over 2027.
Over the last five years, the Compound Annual Growth Rate (CAGR) is roughly 0.58%, reflecting a steady but gradual increase in exports.
Future trends to watch for include potential changes in global demand, shifts in regulatory policies impacting exports, and advancements in the quality and variety of Indian perfumes and toilet waters, which could further influence export volumes. Additionally, emerging markets and increased digital marketing could play a pivotal role in driving future growth.