| Product Code: ETC5291972 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Finland continued to show a strong demand for natural fragrances, with top import sources including Ireland, Netherlands, Germany, Denmark, and Norway. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw steady growth with a Compound Annual Growth Rate (CAGR) of 2.29% from 2020 to 2024. The growth rate in 2024 alone was 2.96%, suggesting a promising outlook for the natural fragrance import market in Finland.

The natural fragrance market in Finland is expanding as consumers increasingly seek eco-friendly and sustainable products. The growing popularity of organic personal care and home products is boosting demand for natural essential oils and fragrances.
The natural fragrance market in Finland is growing as consumers increasingly seek products with organic and environmentally-friendly ingredients. Natural fragrances, often derived from essential oils and botanicals, are in demand in the personal care, cosmetics, and home fragrance industries, driven by rising consumer awareness about the benefits of natural ingredients.
The Natural Fragrance market in Finland faces challenges related to sourcing high-quality natural ingredients that meet both environmental and sustainability standards. Consumer preferences for clean, organic, and non-toxic products drive the need for continuous product innovation and reformulation. Moreover, the higher cost of producing natural fragrances compared to synthetic alternatives can limit the market`s reach and growth.
Government policies promoting natural and organic products help foster the growth of the natural fragrance market in Finland. Regulations around cosmetics and personal care products emphasize safety and sustainability, driving demand for natural fragrances. Finlands focus on environmental sustainability and consumer awareness of the benefits of natural ingredients also support this market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Finland Natural Fragrance Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Natural Fragrance Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Natural Fragrance Market - Industry Life Cycle |
3.4 Finland Natural Fragrance Market - Porter's Five Forces |
3.5 Finland Natural Fragrance Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 Finland Natural Fragrance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Finland Natural Fragrance Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Finland Natural Fragrance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for natural and organic products |
4.2.2 Growing trend towards sustainable and eco-friendly lifestyles |
4.2.3 Rise in disposable income leading to higher spending on premium fragrance products |
4.3 Market Restraints |
4.3.1 High production costs associated with sourcing natural ingredients |
4.3.2 Limited availability of certain natural fragrance ingredients |
4.3.3 Intense competition from synthetic fragrance products |
5 Finland Natural Fragrance Market Trends |
6 Finland Natural Fragrance Market Segmentations |
6.1 Finland Natural Fragrance Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 Finland Natural Fragrance Market Revenues & Volume, By Essential Oils, 2021-2031F |
6.1.3 Finland Natural Fragrance Market Revenues & Volume, By Natural Extracts, 2021-2031F |
6.2 Finland Natural Fragrance Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Finland Natural Fragrance Market Revenues & Volume, By Top note, 2021-2031F |
6.2.3 Finland Natural Fragrance Market Revenues & Volume, By Middle Note, 2021-2031F |
6.2.4 Finland Natural Fragrance Market Revenues & Volume, By Base Note, 2021-2031F |
6.3 Finland Natural Fragrance Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Finland Natural Fragrance Market Revenues & Volume, By Fine Fragrances, 2021-2031F |
6.3.3 Finland Natural Fragrance Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.4 Finland Natural Fragrance Market Revenues & Volume, By Household Care, 2021-2031F |
7 Finland Natural Fragrance Market Import-Export Trade Statistics |
7.1 Finland Natural Fragrance Market Export to Major Countries |
7.2 Finland Natural Fragrance Market Imports from Major Countries |
8 Finland Natural Fragrance Market Key Performance Indicators |
8.1 Percentage of consumers indicating a preference for natural fragrance products |
8.2 Number of new product launches in the natural fragrance segment |
8.3 Growth rate of retail sales of natural fragrance products |
8.4 Percentage of market share held by natural fragrance products |
8.5 Number of partnerships or collaborations with sustainable and ethical brands |
9 Finland Natural Fragrance Market - Opportunity Assessment |
9.1 Finland Natural Fragrance Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 Finland Natural Fragrance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Finland Natural Fragrance Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Finland Natural Fragrance Market - Competitive Landscape |
10.1 Finland Natural Fragrance Market Revenue Share, By Companies, 2024 |
10.2 Finland Natural Fragrance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |