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Colipa reports industry status

This article was originally published in The Rose Sheet

Executive Summary

The European cosmetics industry grew 4.2% in 2006 and remains the world market leader, the European Cosmetic, Toiletry and Perfumery Association announces June 1 at its general annual assembly in Stockholm, Sweden. The group says the annual revenue of the European cosmetics industry is more than $87.89 bil., with skin care, toiletries and hair care dominating the market. The cosmetics industry "remains one of the most dynamic sectors in the European economy," according to Colipa Director-General Bertil Heerink. The assembly also marked the induction of the Rumanian Union of Cosmetics and Detergent Manufacturers as a full Colipa member...
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