In 2023, Italy led the European sold production of cosmetic powders with a value of 332.87 million euros, followed by France with 292.49 million. Notably, Italy achieved a positive year-on-year growth of 6.14%, while France experienced a slight decline of 0.27%. The United Kingdom and Poland had contrasting trajectories, with UK production decreasing by 1.17% and Poland increasing marginally by 0.3%. Germany's production dropped significantly by 7.8%, whereas Finland and Denmark saw notable increases of 9.12% and 12.7%, respectively. Smaller markets like Croatia also showed resilience with a 31.6% growth rate.
Looking ahead, the European cosmetics industry may be influenced by innovations in sustainable packaging and a growing demand for natural and organic ingredients. Italy and Denmark are well-positioned for continued growth, while France and Germany might focus on revamping strategies to regain competitiveness. Economic conditions and changes in consumer preferences are key factors to monitor.
Top countries in Sold Production of Powders, for Cosmetic Use by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 332,870,000 | 2023 | +3.9% | +6.14% | View data |
| 2 | 2 France | 292,490,000 | 2023 | +9.89% | -0.27% | View data |
| 3 | 3 United Kingdom | 49,508,000 | 2023 | -0.81% | -1.17% | View data |
| 4 | 4 Poland | 23,258,000 | 2023 | +1.61% | +0.3% | View data |
| 5 | 5 Germany | 11,489,000 | 2023 | +15.35% | -7.8% | View data |
| 6 | 6 Greece | 10,124,000 | 2023 | +18.33% | -10.19% | View data |
| 7 | 7 Spain | 8,079,100 | 2023 | +3.34% | -1.72% | View data |
| 8 | 8 Finland | 1,730,800 | 2023 | -5.72% | +9.12% | View data |
| 9 | 9 Hungary | 447,890 | 2023 | -2.13% | -2.54% | View data |
| 10 | 10 Bulgaria | 238,090 | 2023 | +5.48% | +6.03% | View data |
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