Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Markets & trends

The European cosmetics market grew by 1.3% in 2017

On the occasion of its annual conference, which was held in Brussels on 13 and 14 June 2018, Cosmetics Europe revealed the latest market performance statistics for the cosmetics and personal care industry. In 2017, the European market grew by 1.3%, compared to 2016, to reach 77.6 billion euros.

In 2017, the European cosmetics market was valued at 77.6 billion euros, which makes Europe remain the largest market for cosmetic and personal care products in the world.

(click on the image to enlarge it)

(click on the image to enlarge it)

According to Cosmetics Europe, the industry supports over 2 million jobs across the European value chain.

Despite the return to a more dynamic growth, the European market remained impacted by low performance of some key markets, in particular: the United Kingdom (-6.8%), The Netherlands (-1.9%) and France (-0.5%).

(click on the image to enlarge it)

(click on the image to enlarge it)

As far as products are concerned, all categories are up from 2016, with the exception of perfumes (-0.4%) and makeup (-0.1%).

(click on the image to enlarge it)

(click on the image to enlarge it)

Skin care and toiletries remain the most important product categories in Europe, followed by hair care and fragrances.

(click on the image to enlarge it)

(click on the image to enlarge it)

In this context of moderate growth, international trade remains a key driver for the European industry. More than 20.2 billion euros of cosmetic products were exported by European countries in 2017 (compared to 18.2 billion in 2016). Total imports amounted to only 5.935 million euros, mainly from the United States, China and Japan (compared to 5.633 million euros in 2016). More than ever, exports appear as the real propeller of the European cosmetics industry’s growth.

Vincent Gallon

© 2018 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
The award for the best packaging solution was given to Qualipac - part of the Pochet Group

Qualipac and Verescence winners of the Luxe Pack in Green Awards Monaco 2018

On the occasion of the 31st edition of Luxe Pack Monaco, the Luxe Pack in Green awards jury deliberated to designate the 2018 winners. Every year the most environmentally friendly packaging solutions and corporate social responsibility initiatives receive recognition. Qualipac wins the award in the Packaging Solutions category The (...)

read more
job opportunities
Experts’ views
Replexium™ - Rapid improvement in visible signs of skin aging

Torsten Clarius
Replexium™ - Rapid improvement in visible signs of skin aging

With life expectancy increasing, the global market for skincare products that contribute to a youthful, vibrant appearance is growing dynamically. It comes as no surprise that fast-acting anti-aging actives are in great demand, yet breakthroughs have remained few and far between. Now BASF has achieved a new milestone with Replexium™, (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close