Valued at €77.6 billion at retail sales price in 2017, the European cosmetics and personal care market is the largest in the world.
The largest national markets for cosmetics and personal care products within Europe are Germany (€13.6 billion), France (€11.3 billion), the UK (€11.1 billion), Italy (€10.1 billion) and Spain (€6.8 billion). South Korea €9.7, India €10.0, Brazil €25.4, Japan €29.9, China €43.4, US €67.2 and Europe €77.6 billion. There are at least 77 scientific innovation facilities in Europe that carry out research in relation to cosmetics and personal care. R&D, total expenditure on R&D in Europe is estimated to have been €2.35 billion in 2017. Personal Care & Beauty is continous market and a continously growing market with ample potential for personal care & beauty product manufacturers, research, development, machinery & plant, distribution, sales and marketing disiciplines.
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