Thursday, March 14, 2013

Global Industry Analysts, Perfumes Make Money



According to the Global Industry Analysts
  1. Demand will continue to grow and so will the launch of new fragrances. 
  2. The global market for fragrance is considered the strongest and largest sector within the cosmetics and toiletries industry.
  3. Largest global markets are in Europe--largest regional market, Latin America, followed by the US. 
  4. America leads the world in being the single largest market for premium brand fragrances followed by France and Germany.
  5. Emerging markets for mass fragrance is where Brazil, China and India takes the lead. This market is where growth if projected this year. Plus developed regions have become a limited population.
  6. Men fragrance will see an increase in demand. Growth in Asia-Pacific and Latin America will be huge. 

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