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European beauty forecast

This article was originally published in The Rose Sheet

Executive Summary

According to new research from Mintel, the combined health and beauty sectors in Germany, France, UK, Italy, Spain and the Netherlands are expected to grow 12% to roughly $197.4 bil. over the next five years. "Both manufacturers and retailers have continued to innovate despite difficult economic circumstances across Europe, trying for the ultimate breakthrough product or beauty solution, and it is fantastic that this is reflected in such a positive forecast for the industry," says Mintel Head Consultant Nica Lewis. Health and beauty sales in France and the Netherlands will lead the way for growth, Mintel predicts, with five-year rates of 18% and 15%, respectively

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