Fragrances are one of the top three health and beauty
sectors in Russia. They hold the value CAGR (Compound Annual growth rate) of
10.1%, and volume CAGR of 8.9% for 2012 to 2017.
2012 saw Female Fragrances hold the majority of the
sector. It held value and volume shares of 64.3% and 63.9%. It is expected to
continue to 2017 as it grows at a value CAGR of 10.0% and volume CAGR of
8.9%.
The rise of the ‘metrosexual
male’ and blurring boundaries between female and male fragrances means
that Male Fragrances will grow ahead of other categories in that sector. It
will achieve a value and volume CAGR of 10.4% and 9.0% between 2012 and 2017.