Key Market Indicators
Luxembourger expenditure on personal care is projected to climb to approximately €587 million by 2028, up from around €527 million in 2023. This represents an average annual growth rate of 1.7%. Since the turn of the millennium, demand for personal care products in Luxembourg has been on the rise, increasing by an average of 4.1% annually. In the current year, 2023, Luxembourg ranks 30th in the world for personal care expenditure, with Estonia just ahead at the same €527 million mark. On the global stage, the United Kingdom, France, and Italy hold the second, third, and fourth positions, respectively, in personal care spending.
