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.
Latest reports
Spain Cosmetics Market Report- Q4 2024
In the fourth quarter of 2024, the cosmetics market in Spain witnessed several transformative trends that highlighted the evolving consumer preferences and economic...
