Jasmal Market 2016 Share, Trend, Segmentation and Forecast to 2024 Jasmal Market - Global Industry Analysis, Size, Sh | Seite 2

growth in the cosmetic industry in the region. Increase in disposable income of
consumers in Europe and North America is likely to boost the demand for fragrance,
thereby driving the demand for jasmal based jasmine perfumes in these regions.
France and the U.K. are likely to constitute major share of the jasmal market during
the forecasted period. Manufacture of perfumes is expected to witness shift from
mature markets of North America and Europe toward the developing economies of
Asia Pacific such as India and China owing to the presence of less stringent
government regulations in Asia Pacific compared to those in North America and
Europe. The market for jasmal in Asia Pacific is expected to expand at a significant
pace due to the changing lifestyle and increasing income of consumers in
developing economies such as India and China. Technological advancement,
competitive production cost, and high economic growth are some of the factors
fueling the jasmal market in Asia Pacific.
Key players operating in the market of jasmal are The Good Scents Company, The
Lermond Company, LLC, and International Flavors & Fragrances Inc.
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