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A Study of the European Cosmetics Industry

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Executive Summary - November 2007

A Study of the European Cosmetics Industry
Executive Summary

Prepared for:
European Commission, Directorate General for Enterprise and Industry
Prepared by:
Global Insight, Inc.

November 2007

Executive Summary - November 2007

Contact Information

Emilio Rossi
Managing Director
Business Planning Solutions, Europe
Global Insight, (Italy) srl.
Via S. Maria Segreta 6
20123 Milan
+3902 8648 130 emilio.rossi@globalinsight.com Antonia Prlic
Principal
1 Adelaide Street East
Suite 2505, P.O. Box 198
Toronto, Ontario, M5C 2V9 Canada
+1 416 682-7312 antonia.prlic@globalinsight.com Robert Hoffman
Senior Consultant
1 Adelaide Street East
Suite 2505, P.O. Box 198
Toronto, Ontario, M5C 2V9 Canada
+1 416 682-7311 robert.hoffman@globalinsight.com Executive Summary - November 2007

I. Broad Market Study
An overview of the broad cosmetics industry (also referred to as the cosmetics and toiletries (C&T) industry) in the EU, Japan, China, and the U.S. reveals that Europe's market size is almost as large as the U.S. and Japan combined, due to its large population.
In 2006, the U.S. cosmetics market was €38.2 billion, while Japan's was €23.7 billion and
China's €8.2 billion. The total EU27 cosmetics market was valued at €63.5 billion in
2006. Among the EU countries, Germany has the largest cosmetics market, valued at
€11.7 billion, followed by France (€10.4 billion), the U.K. (€10 billion), Italy (€8.8 billion), and Spain (€7.4 billion).
Europe, U.S., China, Japan C&T Market Sizes, Retail Sales Price, 2006, Total market
€136.2 billion

EU12, 5.9, 4%

Switzerland,
1.6, 1% Norway, 1.0, 1%

China, 8.2, 6%
EU15, 57.6, 43%

Japan, 23.7,
17%

US, 38.2, 28%

Source: Euromonitor, COLIPA Statistics Working Group

Per Capita Spending
The average EU27 per capita cosmetics spending is €128...

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