Market Insights Consumer Beauty & Personal Care

Cosmetics - EU-27

  • EU-27
  • In 2024, the revenue in the Cosmetics market in the EU-27 amounts to US$13.92bn.
  • It is projected to experience an annual growth rate of 2.29% (CAGR 2024-2029).
  • When compared globally, in the United States generates the highest revenue, reaching US$20,130m in 2024.
  • In terms of per capita figures, each person in the EU-27 generates US$31.10 in revenue in 2024.
  • Additionally, by 2024, 52% of the sales in the Cosmetics market will be attributed to Non-Luxury.
  • In France, the demand for organic cosmetics is on the rise, as consumers prioritize natural and sustainable products.

Key regions: Malaysia, Singapore, Worldwide, Indonesia, India

 
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Methodology

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, regression analysis and Monte Carlo simulations are particularly suited for forecasting in the Home and Laundry Care market, due to the unpredictable variability and complex dynamics in consumer behavior and product adoption. The main drivers are GDP and consumer spending.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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