Make money from home with no fees
Work from home

When:

Where: Apply online

Prosperity

For all developed world markets and for many markets in developing countries, the largest contribution to jobs and wealth made by fragrance technologies occurs in the economic activity they support within the Manufacturing and Retail stages of the fragrance value chain, and, through the operation of indirect multipliers, in their suppliers. This process begins with investments in science, creativity and market knowledge by the Fragrance industry.

Fragrances are not sold directly to end consumers. They are purchased by manufacturers of consumer products and luxury goods, embedded into articles (such as perfumes, shower gels and laundry detergents) and then sold to private individuals. Articles are normally sold through retail outlets, although some, such as hair care products, may be purchased by individuals as part of a wider service provided by hair salons. For manufacturers of luxury goods and fast-moving consumer goods, fragrances are one of a number of enabling technologies used to meet the needs of end consumers.

For all developed world markets and for many markets in developing countries, the largest contribution to jobs and wealth made by fragrance technologies occurs in the economic activity they support within the Manufacturing and Retail stages of the fragrance value chain, and, through the operation of indirect multipliers, in their suppliers. This process begins with investments in science, creativity and market knowledge by the Fragrance industry.

Fragrances are not sold directly to end consumers. They are purchased by manufacturers of consumer products and luxury goods, embedded into articles (such as perfumes, shower gels and laundry detergents) and then sold to private individuals. Articles are normally sold through retail outlets, although some, such as hair care products, may be purchased by individuals as part of a wider service provided by hair salons. For manufacturers of luxury goods and fast-moving consumer goods, fragrances are one of a number of enabling technologies used to meet the needs of end consumers.

Number of European stores
selling products or services (‘000)
source: Veredict, Euromonitor, Study Estimates 2010

625,000
grocery retailers
4,000
department stores
280,000
beauty and well being specialists
120,000
beauty salons

Number of US stores
selling fragrance based products
or services (‘000)
source: US Department of Commerce Business Census (2007). Euromonitor

89,000
grocery retailers
37,000
mass merchandisers
9,000
department stores
42,000
pharmacies and drug stores
13,000
beauty and well being specialists
82,000
beauty salons



All of the direct and indirect economic impacts in the Manufacturing and Retail parts of the value chain, that are triggered by the production and sale of products that make use of fragrance technologies, should be included in what is known as the “wide value chain”, and can be used to illustrate the current scale of economic activity that makes use of fragrance technologies.

breakdown by region gross value added (€)
source: The Huggard Consuting Group

USA
23,2 bilion
direct GVA
6,3 bilion
inducted GVA
8,2 bilion
indirect GVA
Total: 37,7 bilion
Europe
30,2 bilion
direct GVA
8,6 bilion
inducted GVA
12,6 bilion
indirect GVA
Total: 51,4 bilion
Rest of the world
50,45 bilion
direct GVA
14 bilion
inducted GVA
19,5 bilion
indirect GVA
Total: 83,9 bilion

breakdown by region jobs
source: The Huggard Consuting Group (2012)

USA
510,000
direct
120,000
inducted
90,000
indirect
Total: 720,000
Europe
660,000
direct
160,000
inducted
125,000
indirect
Total: 945,000
Rest of the world
1,700,000
direct
390,000
inducted
260,000
indirect
Total: 2,350,000