World Market For Perfumes And Fragrances To Grow At 2-Percent CAGR In 2015-2019, Technavio Says

By 2019, the global fragrances and perfumes market is forecast to expand at a CAGR of about 2 percent, according to market research Technavio. Growth will be driven by rising demand from emerging markets, including the APAC, Latin America, and Eastern Europe regions. Also, growth in online sales is expected to help drive growth in the market segment. Data from Technavio revealed the leading vendors in the market include Bvlgari, Chanel, Coty, and Estee Lauder.