Artmatic cosmetics4/25/2023 ![]() All cosmetics that may be applied to the skin or hair and that effectively address certain issues including acne, oily skin, acne scarring, dry skin, blemishes, and other skin ailments like pimples are referred to dermacosmetics. People are more likely to take additional care of the body and skin in order to make them look attractive and healthy. Women these days are highly careful of their skin because it is such an important feature of our body. Dermacosmetics Market Synopsisĭermacosmetics is a combination of two important medical branches which are cosmetics and dermatology. Consumers. Individuals who purchase cosmetics and personal care products represent the final link in the value chain.Global Dermacosmetics Market Analysis The global dermacosmetics market size was $51,100 million in 2021 and is expected to reach $13, 0460.6 million by 2030, growing at a CAGR of 11.1% from 2022 to 2030.Research indicates that specialist stores make up less than 26% of total cosmetic sales which implies that the total number of retail outlets selling cosmetic products is likely to be considerably higher than 46,400. ![]() In 2015, there were approximately 46,400 specialist stores. ![]() Retail and beauty services. Product vendors like salons, department stores, online stores and pharmacies.In 2015, there were approximately 23,000 enterprises involved in the wholesale of cosmetics in Europe, the majority of which were located in Italy (17%), Spain (15%), and France (10%) (Eurostat, 2015). In 2021, close to 7,000 SMEs were involved in the manufacturing of cosmetics in Europe. Manufacturing. Product manufacturers and suppliers of supporting activities e.g.In 2018, there were over 100 companies manufacturing cosmetic ingredients in Europe. Companies that provide the raw materials required to manufacture cosmetic and personal care products. Ranging from antiperspirants, fragrances, make-up and shampoos, to soaps, sunscreens and toothpastes, cosmetics play an essential role in all stages of our life and have important functional and emotional benefits. The vast majority of Europe’s 500 million consumers use cosmetic and personal care products every day to protect their health, enhance their well-being and boost their self-esteem. ![]() Moreover, by attracting investment from outside of the EU, developing intangible assets like brands, and investing in R&D, the cosmetics and personal care industry is helping to enhance the competitiveness of the European economy and contributing to future prosperity. In 2021, over 255,111 people were employed directly, and a further 1.71 million indirectly in the cosmetics value chain.įor every 10 workers employed in the European cosmetics and personal care industry, at least two further jobs are generated in the wider economy as a result of employees spending their wages on goods and services. Including direct, indirect and induced economic activity, the industry supports over 2 million jobs. €11 billion is contributed directly by the manufacture of cosmetic products and €18 billion indirectly through the supply chain (Eurostat 2015). It is estimated that the cosmetics and personal care industry brings at least €29 billion in added value to the European economy annually.
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