Key Market Indicators
The Spanish cosmetics market is set to grow over the next five years. Import of cosmetics into Spain is expected to reach $4.6 billion by 2026, up from $4.1 billion in 2021, growing at an average rate of 2% year-on-year. Since 1994, Spanish demand for cosmetics has grown by 4.4% annually. In 2021, Singapore was the top importer with $4.1 billion, followed by China, Germany and the United Kingdom. Exports of cosmetics from Spain are projected to hit $6.6 billion by 2026, up from $5.6 billion in 2021, growing at an average rate of 2.5% year-on-year. Since 1994, Spanish supply of cosmetics has grown by 7% each year. In 2021, China led the way with $5.6 billion, followed by the United States, Germany and Ireland. The Spanish cosmetics market is expected to continue to grow in the coming years.
Spain Cosmetics Market Data and Forecasts
What is the size of the Spanish Cosmetics Market in 2022?
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