Among the application of fragrance, cosmetics & toiletry (without hair care) products is accounting for 23% followed by fine fragrance (perfumes) accounting for 20% of the global fragrance market. Cosmetics & toiletry (without hair care) segment is estimated to retain its dominance throughout the forecast period of 2017-2023. The segment is projected to register a healthy CAGR of 5.20% during the forecast period 2017-2023.