Market Insights Consumer Beauty & Personal Care

Fragrances - Sweden

Sweden

In 2024, the Fragrances market in Sweden is projected to generate a revenue of €183.90m.
It is expected to experience an annual growth rate of 1.98% (CAGR 2024-2029).
Comparatively, in the United States leads the global market in terms of revenue, reaching €8,218m in 2024.
When considering the population, per person revenues in Sweden are estimated to be €17.23 in 2024.
Furthermore, by 2024, 56% of sales in the Fragrances market are anticipated to come from Non-Luxury.
In Sweden, the fragrance market is dominated by sustainable and eco-friendly brands, reflecting the country's commitment to environmental consciousness.

Key regions: Malaysia, Worldwide, United Arab Emirates, United Kingdom, Indonesia

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.