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Learn moreJun 2019
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Fragrances in Bosnia-Herzegovina consistently outperformed the average performance in beauty and personal care during the review period. The improving economic environment enabled more consumers to afford small indulgences, or even luxuries such as fragrances.
Premium women’s fragrances recorded the strongest current value growth in fragrances in Bosnia-Herzegovina during 2018. This category also saw the strongest CAGR in the review period.
Direct selling was the largest individual distribution channel for fragrances in Bosnia-Herzegovina in 2018. This is the dominant channel for mass fragrances in particular, with sales representatives leveraging their personal relationships with consumers to push sales.
International players dominated fragrances in Bosnia-Herzegovina in value terms in 2018, led by Avon Cosmetics BiH, Coty and LVMH Moët Hennessy Louis Vuitton. The top three players have quite different strategies.
Farmasi BH saw the biggest increase in its value share in fragrances in Bosnia-Herzegovina during 2018, and also over the review period. It penetrated direct selling in beauty and personal care when this channel had already been well-developed by Avon and Oriflame; taking a solid share of this channel for itself by offering consumers superior affordability and a high rate of variety and novelty.
The presence of domestic and regional companies in fragrances remains negligible. The private label presence is also negligible.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Fragrances industry in Bosnia and Herzegovina with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Fragrances industry in Bosnia and Herzegovina, our research will save you time and money while empowering you to make informed, profitable decisions.
The Fragrances in Bosnia and Herzegovina market research report includes:
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Why buy this report?
This industry report originates from Passport, our Beauty and Personal Care market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.