The German health and beauty market is the biggest in Western Europe, valued at almost 40 billion Euros in 2003 according to MINTEL - this reflects not just Germany's size but a greater level of awareness and concern with their wellbeing and appearance.
Germany accounts for over 30% of specialist sales generated by the six countries covered in the report, 'Health and Beauty Retailing in Europe'. Market size is estimated at 31 billion Euros in France, 19 billion Euros in the UK, 17 billion Euros in Italy and 16 billion Euros in Spain. The Spanish market grew the fastest between 1999 and 2003, by c.34%, and looks set to continue - MINTEL estimates further growth of 28% from 17 billion Euros in 2004 to 22 billion Euros in 2008. This compares with less than 5% growth predicted for Italy, and reflects generally strong retail growth in Spain.
The German lead is not just the result of larger population, according to MINTEL - Germans are actually more concerned with looking attractive and well groomed, with almost three-quarters (72%) owning up to this versus 60% of British, 45% of French and just over one in four (28%) Spanish adults. Germnay also has the highest proportion of adults using products that keep their skin young and supple - 46%, compared with 35% in France, 29% in Great Britain and 20% in Spain.
Among the other findings of the report:
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
Register (free) for Daily Research News
REGISTER FOR NEWS EMAILS
To receive (free) news headlines by email, please register online