Follow us twitter facebook
Edition: Brazil
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 (USD 90.3 bn), 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 - Brazil Beauty News - www.brazilbeautynews.com

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

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 (...)

read more
Experts’ views
Is Brazil the new Korea for hair?

Emmanuelle Bassmann
Is Brazil the new Korea for hair?

International Beauty Fair, South America’s largest trade beauty show, took place on September 08-11, 2018 in Sao Paolo, Brazil. Here is a short overview on the main trends that emerged during the event. Brazil has always been renowned for being innovative in the beauty sector. Historically, the beauty industry in Brazil accelerates (...)

read more

Features