In the European beauty and skincare market of 2023, France leads with substantial production valued at 41.96 billion euros, followed by Germany and the United Kingdom. Growth was notably strong in emerging markets like Austria, Netherlands, and Finland, which posted impressive year-on-year variations. Conversely, Iceland experienced a significant decline. Established markets such as Belgium, Portugal, and Slovenia saw reductions, indicating potential saturation. Over five years, moderate growth with varying country-specific trends is evident.
Future trends to watch include a growing consumer preference for sustainable and organic products, potential regulatory changes impacting production, and the rise of e-commerce and digital marketing strategies driving regional market dynamics. Additionally, economic conditions may influence disposable incomes and purchasing behaviors across Europe.
Top countries in Sold Production of Beauty, Make-Up and Skin Care Preparations Including Suntan Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41.96 | 2023 | +2.62% | +3.61% | View data |
| 2 | 2 Germany | 18.64 | 2023 | +2.72% | +1.15% | View data |
| 3 | 3 United Kingdom | 9.48 | 2023 | +2.18% | +3.99% | View data |
| 4 | 4 Spain | 9.18 | 2023 | +4.35% | +4.25% | View data |
| 5 | 5 Italy | 8.6 | 2023 | +4.33% | +6.93% | View data |
| 6 | 6 Poland | 7.52 | 2023 | +1.83% | +2.11% | View data |
| 7 | 7 Greece | 2.16 | 2023 | +4.02% | +4.82% | View data |
| 8 | 8 Austria | 1.29 | 2023 | +13.7% | +24.81% | View data |
| 9 | 9 Netherlands | 1.27 | 2023 | +14.78% | +33.47% | View data |
| 10 | 10 Denmark | 0.77 | 2023 | +2.91% | +1.77% | View data |
