Industry Analysis & Industry Trends
Eau de profit
This industry has performed strongly in recent years and is expected to continue a steady pace of growth over the next five years. The recession caused some stumbles, as the Perfume & Fragrance Manufacturing industry sells mostly discretionary products. But, as consumers started to regain confidence and disposable income, revenue and profit rebounded. High export volumes have played a large part in maintaining revenue, and are expected to increase through 2017. However, the trade-weighted index is expected to decrease during the next five years, and could put a damper on revenue.... purchase to read more
Industry Report - Industry Investment Chapter
The Perfume and Fragrance Manufacturing industry has a high level of capital intensity. For every dollar spent on labor, the industry spends $0.64 on capital, indicating a highly automated manufacturing process. As a result, many perfume and fragrance products are mass-produced, and generally require a low level of human input. During the recession, the industry relied more heavily on capital since employment was one of the best alternatives to cut costs, causing a 9.1% drop in the number of employees in 2009. However, employment and wages are expected to increase over the next five years, as companies will invest more resources in research and development to remain competitive... purchase to read more