Premium Beauty News – Spain: Sales of perfumes and cosmetics still on the rise
Gross sales of perfumes and cosmetics grew by 2.15% in 2017 in Spain to achieve EUR 6.82 billion. That is the third consecutive 12 months of progress for the nation, based on the Spanish Beauty, Toiletry and Perfumery Affiliation (STANPA).
Gross sales of fragrances and cosmetics continued their progress in 2017 with a rise of two.15%, based on figures revealed by Stanpa
All product classes have grown, however gross sales of perfumes and color cosmetics recorded essentially the most spectacular charges: +5.42% and +three.24% respectively. Gross sales of lipsticks, as an illustration, have grown by +7.four% in worth (+13.5% in quantity) in 2017.
The per capita consumption is 147 euros per 12 months, greater than the European common (137 euros per 12 months) however lower than these of France (171 euros per 12 months) and Italy (163 euros per 12 months).
The mass market channel, which represents 47% of gross sales, is the one which elevated essentially the most in 2017, rising by 2.9%. The selective channel (status) grew by 2.5%.
In accordance with STANPA, the Spanish fragrance and cosmetics business additionally achieved file export gross sales in 2017 with progress of +10.5% over the earlier 12 months to achieve three.9 billion euros.
Export gross sales are rising for all product classes. The gross sales of perfume, which account for 40% of the sector’s exports, have elevated by 11.2% in 2017.
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