Aroma Chemicals Market Report by Technology, Industry Share and Size Expansion to 2028 | Fortune Business Insights™
The sales of cosmetics and beauty products have fallen drastically owing to the COVID-19 pandemic across the globe. Givaudan, for instance, declared that the sales of fine fragrances declined by 16.4% during the first half of 2020 backed by closure of retail channels and travel bans. Besides, consumer goods companies mentioned that they experienced mixed financials across numerous divisions. Procter & Gamble (P&G)’s net sales in grooming and beauty segments went down by 3% and 1% in the third quarter of 2020.