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
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
Gesturecare. Shape up your natural beauty.

Lipotec - Lubrizol
Gesturecare. Shape up your natural beauty.

Gyms and personal trainers specialized in facial exercises are becoming more common today, and many celebrities have become great defenders of this new movement. Those who practice it ensure that a healthier complexion and beautiful glow can be achieved in just a few short days and that in a matter of few months the results become (...)

read more

Features