The Skin Care, Make Up and Cosmetics market in Denmark has shown significant fluctuations over the last decade. Starting in 2012 with a market value of 107.59 million Euros, the market experienced a consistent increase until 2017, reaching 208.44 million Euros. This uptrend was particularly noticeable from 2014 to 2017, driven by a compound annual growth rate (CAGR) peaking at 14.14%. However, from 2018 to 2019, the market saw a decline in value. Despite a slight recovery from 2020 onwards, the growth has been modest. In 2022, the market was valued at 202.22 million Euros with a year-on-year increase of 2.41% and a lower CAGR compared to earlier years.
For 2023, the most recent estimates suggest a market value of around 210 million Euros, marking a slight lift from 2022. This demonstrates a stabilized but slower growth trajectory.
Future trends to watch for include increased consumer interest in sustainable and natural products, technological advancements in skincare, and the growing influence of e-commerce, predicting a shift in how products are marketed and sold. Additionally, demographic changes such as an aging population may drive up demand for anti-aging products.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,761,600,000 | 2023 | +1% | +1.18% | View data |
| 2 | 2 United Kingdom | 1,164,900,000 | 2023 | -0.4% | -0.1% | View data |
| 3 | 3 Spain | 1,051,800,000 | 2023 | +1.58% | +1.87% | View data |
| 4 | 4 Austria | 348,140,000 | 2023 | +3.76% | +3.94% | View data |
| 5 | 5 Romania | 327,640,000 | 2023 | +8.31% | +8.91% | View data |
| 6 | 6 Greece | 288,690,000 | 2023 | +2.16% | +1.13% | View data |
| 7 | 7 Portugal | 225,730,000 | 2023 | +0.91% | -0.15% | View data |
| 8 | 8 Denmark | 206,890,000 | 2023 | +2.31% | +1.39% | |
| 9 | 9 Slovakia | 164,500,000 | 2023 | +6.91% | +6.31% | View data |
| 10 | 10 Czech Republic | 134,060,000 | 2023 | +0.18% | +0.25% | View data |
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