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

The European cosmetics and personal care market shows signs of recovery

Figures released at the Cosmetics Europe General Assembly last week in Brussels, show that the European cosmetics and personal care market has remained resilient in 2014, despite a tough economic climate. With a +0.5% growth, the European industry is showing signs of recovery.

The European cosmetics industry has returned to growth in 2014, with sales rising by +0.5% in value, according to figures from Cosmetics Europe, compared to a decrease of 1.4% in 2013.

click on the image to enlarge voter id card

click on the image to enlarge voter id card

The European market retail size [1] is thus equivalent to 72.5 billion euros total, about one third of the global market. Germany remains the main market in Europe (13,12 billion euros), followed by France (10,58 billion euros), the United Kingdom (10,40 billion euros) and Italy (9,39 billion euros).

However, the four major European markets have recorded contrasted performances in 2014. While the United Kingdom grew by 5.3%, growth in Germany was limited to 1.6% and that of France to 0, 1%. By contrast, Italy remained in recession (-1.4%), as well as Spain (-1.3%).

With the exception of hair care products (-0.2%) all product categories have risen in value, with colour cosmetics (+ 1.2%) and toiletries (+ 1.3%) being the most dynamic.

click on the image to enlarge voter id card

click on the image to enlarge voter id card

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

click on the image to enlarge voter id card

click on the image to enlarge voter id card

Eventually, regarding external trade, France remains the largest exporter of cosmetics, well ahead of Germany, the United Kingdom and Italy.

According to Cosmetics Europe, the European cosmetics and personal care industry employs approximately 1,700,000 people including 25,000 scientists. Over the past five years, the industry has been able to grow direct and indirect employment by 2.3% or more than 39.000 workplaces.

V.G.

Footnotes

[128 EU member states + Norway and Switzerland

© 2015 - Brazil Beauty News - www.brazilbeautynews.com

latest news
Focus
Thermolat: Symrise's new warming ingredient

Thermolat: Symrise’s new warming ingredient

Symrise’s new sensory ingredient creates a feeling like gentle warm sunshine on the skin. Thermolat was developed for use in creams, gels and balms to provide pleasant, relaxing and long-lasting effects without feelings of stinging or burning. According to the cosmetic ingredients supplier, 71% of consumers would like to feel an (...)

read more
Experts’ views
Surprising the paradoxical generation

Lipotec - Lubrizol
Surprising the paradoxical generation

We hear about Millennials everywhere. Representing over a quarter of the global population, they are today the most influential generation and the most difficult to define due to their multiple contradictions. Millennials live their lives online but love real-life interactions. They are democratic and inclusive, but ask for (...)

read more

Features