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Globally, we expect price growth to outpace volume development in perfume, which the growth of the posh worth tier will help drive. Elsewhere, worth and volume progress charges will likely be extra divergent. We count on the Asia–Pacific region, excluding China and Australia, to develop 6 p.c annually, representing nearly one-quarter of the total House & Home Improvement News market, which is consistent with its share today. Here, we anticipate that quantity growth will outpace price development . These robust headline figures do not tell the whole story, though. In 2023, value will increase drove year-over-year development within the sector, while global quantity across geographies solely grew 2 percent over the identical interval.
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