In 2023, Italy leads the European market for cosmetic powders with a share of 45.33%, showing a year-on-year growth of 6.14%. France follows with a 39.83% share, experiencing a slight decline of 0.27%. The United Kingdom holds 6.74%, with a decrease of 1.17%. Poland and Germany account for 3.17% and 1.56%, respectively, with Poland seeing a small increase of 0.3% and Germany a significant drop of 7.8%. Greece, Spain, Finland, Hungary, Bulgaria, Serbia, Croatia, Denmark, and Sweden make up the remaining market shares, with varying degrees of growth and decline. Noteworthy trends include substantial growth in Croatia (31.6%) and Denmark (12.7%), while Greece saw a notable decrease of 10.19%.
Looking ahead, it's essential to monitor emerging trends such as sustainable cosmetic products, innovations in cosmetic powder formulations, and shifts in consumer preferences. The performance of key markets like Italy and France, along with rising players such as Croatia and Denmark, will be crucial indicators of the market's future trajectory.
Top countries in Sold Production of Powders, for Cosmetic Use Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 45.33 | 2023 | +3.9% | +6.14% | View data |
| 2 | 2 France | 39.83 | 2023 | +9.89% | -0.27% | View data |
| 3 | 3 United Kingdom | 6.74 | 2023 | -0.81% | -1.17% | View data |
| 4 | 4 Poland | 3.17 | 2023 | +1.61% | +0.3% | View data |
| 5 | 5 Germany | 1.56 | 2023 | +15.35% | -7.8% | View data |
| 6 | 6 Greece | 1.38 | 2023 | +18.33% | -10.19% | View data |
| 7 | 7 Spain | 1.1 | 2023 | +3.34% | -1.72% | View data |
| 8 | 8 Finland | 0.24 | 2023 | -5.72% | +9.12% | View data |
| 9 | 9 Hungary | 0.061 | 2023 | -2.13% | -2.54% | View data |
| 10 | 10 Bulgaria | 0.032 | 2023 | +5.48% | +6.03% | View data |
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