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According to a survey by Grand View Research, the size of the worldwide perfume market is projected to reach $52.4 billion by the year 2025. This growth in the perfume business has occurred at an exponential rate in recent years. There has been an increase in the number of perfume enterprises all over the globe as a direct result of the rising demand for perfumes. But, one concern that continues to occupy the thoughts of a great deal of company owners is the following: “Is it lucrative to be in the perfume industry?”

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