Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Fragrances in Italy

Italy fragrances market: LVMH the key industry player during 2012


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-01-22 14:34:03 - Fragrances in Italy - a new market research report on companiesandmarkets.com

LVMH (LVMH Moët Hennessy Louis Vuitton) brands led the Italy fragrances market with a 12% value share, slightly up from last year. Amongst the GBOs, the Procter & Gamble Co and L´Oréal Groupe followed with value shares of 11% each. These three are the leaders in premium fragrances. Weruska & Joel and Coty lead in mass fragrances. LVMH leads in premium women´s fragrances, Coty leads in premium unisex fragrances and Procter & Gamble leads in premium men´s fragrances. Premium fragrances remain a must for consumers, many of these being also tourists that visit Italy for shopping purposes, willing to buy items that oftentimes are not available in their native countries or are more expensive there.

Following the recommendations published by the

 

 

Scientific Committee of Consumer Safety (SCCS) back in July 2012, fragrance manufacturers in Europe are concerned that their perfumes might be altered in terms of odour and development going forward. This might affect formulations and force manufacturers to invest in developing alternative product formulas that guarantee the same result by using different ingredients.

In the years to come, sales of fragrances are expected to be driven by premium products, which are not, however, expected to compensate for the loss in mass products caused by a difficult economic downturn that has forced Italian consumers to give up on non-necessary spending.

Click for report details: www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..

Browse all Consumer Goods Market Research Reports www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..

Browse all Consumer Goods Company Profile Reports www.companiesandmarkets.com/Market/Consumer-Goods/Company-Profil ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com