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UK perfume manufacturing market is forecast to recover from a period of consolidation

Press Release   •   Dec 03, 2013 16:55 GMT

The UK perfume manufacturing market declined by 1.1% during the period 2013 and this highly mature market has seen some of the smaller players leave the market place. The increased competition from international players and the highly competitive nature of the UK perfume market has seen some players opt to focus on smaller but more fragmented international markets where growth is forecast to be stronger.

The UK perfume market is forecast to recover slightly from a period of consolidation and report revenues of US$2.3 billion in 2018. The market is currently reporting revenues of US$2.2 billion in 2013 and it is the increased adoption of new technology to create more complex and more ecologically and environmentally friendly products, which will ultimately help companies differentiate and increase their product range. UK consumers are forecast to become more sophisticated in their choice of perfurme and the drive towards ethical consumerism, which will ultimately help the global players in the UK perfume market record increases in their revenues.

The leading retailers in the UK womens perfume market are Boots, Debenhams, The Perfume Shop, Duty Free and Superdrug.

For more information on UK perfume manufacturing market, see the latest research: UK Perfume Manufacturing Market

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