France: beauty sales slow down in 2008

The growth of cosmetics and perfumes sales in France significantly slowed down in 2008 and should continue the same trend in 2009, says a recent study by market research firm Precepta.

Sales of perfumes and cosmetics in specialised retail chains, independent shops, and supermarkets increased by 2.5% to 6.56 billion euros in 2008; a strong slowdown compared to 2007 (+4%) or 2006 (+5%).

Actually, French consumers did not really increase their purchases of cosmetic products in 2008 compared to the previous year. As far as volumes are concerned, sales grew by less than 1%.

Indeed, the market growth is mainly due to price increases in this sector in 2008.

According to Precepta, the slowdown should continue in 2009. Growth in value would be less than 1.5%, while the firm considers that the second semester will be more dynamic.

See online : www.precepta.fr

Forward to a friend Send this article by mail

Latest news

09/03/2010	Neopac adds child-resistant feature to its polyfoil tube
09/02/2010	“Important investment underway,” Guillaume de Demandolx, MWV
09/01/2010	A new owner for Alpha Packaging
08/31/2010	Beyond Beauty Paris builds on conferences
08/31/2010	Hair care market growth to remain intact in China
08/31/2010	Pumpart launches a brand new 10 ml airless tube with the technical backup of the Sothys (...)
08/30/2010	L’Air du Temps by Starck: a technical challenge
08/30/2010	Shiseido to celebrate three decades in France
08/30/2010	“We want Brazil to be our second market,” Anna Chaia, (L’Occitane (...)
08/29/2010	Mass retailers test e-mirrors to boost colour cosmetic sales

FOCUS

MakeUp in Paris fulfils its target

Strong attendance and enthusiastic exhibitors: the outcome of the first edition of MakeUp in Paris is more than positive for its organisers. Strong attendance of cosmetic brands As far as attendance is concerned, MakeUp in Paris scored beyond its organizers’ expectations: 1404 visitors thave walked down the aisles of the (...)