The Skin Care, Make Up, and Cosmetics market in Romania has seen a consistent upward trajectory from 2013 to 2023, reaching a value of 327.64 million Euros in 2023. Over the last decade, the market has experienced strong growth, with significant year-on-year increases peaking in 2018 at 20.43%. The CAGR over the past five years stands at 8.91%, indicating a healthy and sustained growth pattern.
Year-on-year variations for the last two years were:
- 2022: 9.15%
- 2023: 8.31%
Future trends to watch for include the increasing demand for natural and organic products, the influence of digital marketing and social media on consumer choices, and the rising popularity of personalized skincare solutions. Technological advancements in product formulation and packaging may also drive market growth.
How does Romania rank in Skin Care, Make Up and Cosmetics Market Size Value?
| # | 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% | |
| 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 |
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