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 SWOT Analysis Chapter
The Perfume and Fragrance Manufacturing industry is a mature one. Its life cycle stage is most clearly defined by its contribution to the US economy, which is measured through industry value added (IVA). Over the 10-year period to 2017, IVA is projected to grow at an average annual rate of 2.2% while US GDP grows at a similar average of 2.1% per year. The steady contribution indicates a mature life cycle stage. While IVA stagnated over the five years to 2012 due to declining profit and wages, IBISWorld anticipates that performance over the five years to 2017 will outpace GDP growth as downstream demand revives the industry.
Another indicator of the industry's life cycle stage is the number and growth of its participants... purchase to read more