26 May 2020
3:00PM, local time (UTC +2)
France is a strategic market for the beauty industry. According to the latest data by Febea – Féderation des Enterprises de la Beauté –, export of French cosmetics has grown by 12% and beauty is today the fourth economic sector for the country, with a total value of up to 45 billion euros.
More than 3,200 cosmetic companies are based in France and involve over 246,000 professionals. France is the first exporter of beauty products in the world, better than United States and Germany, the best performing segments being skincare and fragrances, the latter represented worldwide by Grasse.
These data underline the importance of France as a reference scenario to understand how the cosmetic industry is evolving in the world.