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Taiwan fragrances market: Dominated by international players

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Fragrances in Taiwan - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-15 21:03:01
Most offerings in the Taiwan fragrances market are from international players. These brands have a well-established reputation and global recognition. No domestic players have any notable degree of recognition.

Fragrances in Taiwan is well-developed. There was an increase in demand in 2012 due to company marketing and branding activities. Manufacturers constantly introduced limited collections to ensure consumer interest.

Fragrances in Taiwan are once again forecast to grow at a constant value CAGR of 2% over the forecast period. Fragrances is often considered more of a luxury than necessity and thus prospects should improve as economy recovers and consumer confidence rises.

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