Report: Fragrances Among Top Three Health and Beauty Sectors in Russia

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, according to market researcher Canaden

Women's fragrances in Russia held the majority of the sector in 2012. 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 report predicted that due to the blurring of the boundaries between women's and men's fragrances, men's 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, the report said. 

The unisex fragrance category is also set to grow. It has a value CAGR of 10.1% and volume CAGR of 8.5% for the same period, although from a much smaller value and volume share of 4.7% in 2012.

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