PETALING JAYA: Vanzo Holdings Bhd believes that the air fragrance industry is poised for robust growth, underpinned by growing vehicle ownership, increasing disposable income and changing urbanisation trends.
Chairman Lim Seng Lee said the industry is projected to record a compounded annual growth rate of 9%, expanding from an estimated industry size of RM326.10mil in 2024 to RM387.50mil in 2026.
