Document LJ1Mmnw5rGjB8N89K7gjqkORw

SOCIO-ECONOMIC CONTRIBUTION OF THE EUROPEAN COSMETICS INDUSTRY EUROPE IS A GLOBAL FLAGSHIP MARKET FOR COSMETIC PRODUCTS Europe* 88bn US 97bn Brazil 23bn *EU-27, Norway, Switzerland & UK Japan 27bn South Korea 11bn China 71bn India 14bn SKIN CARE & TOILETRIES: largest share of the European market (2022) 25.6bn Skin Care 21.5bn Toiletries 15.7bn Hair Care 14.0bn Fragrances & Perfumes Cosmetics Europe, Market Performance Report 2022. 11.5bn Decorative Cosmetics > 44bn trade in cosmetic products within Europe in 2022 > 26bn total export of cosmetic products from Europe in 2022 France & Germany: Europe's main exporters Over 50% of total global exports from Europe SMES & BIG COMPANIES ARE KEY DRIVERS OF INNOVATION & ECONOMIC GROWTH IN THE INDUSTRY More than 8,500 SMEs THE NUMBER IS GROWING The UK, France & Poland have the largest number of SMEs; followed by Italy and Spain 1413 1389 604 Cosmetics Europe, Market Performance Report 2022. 786 776 THE INDUSTRY SUPPORTS MILLIONS OF EUROPEAN JOBS UP & DOWN THE VALUE CHAIN Over 3 MILLION JOBS across Europe 254,259 people employed directly 2,778,674 people employed indirectly >606,000 people employed through induced effects Cosmetics Europe, Market Performance Report 2022. COSMETICS AND PERSONAL CARE PRODUCTS ARE ESSENTIAL TO THE WELL-BEING OF PEOPLE 72% of European consumers see cosmetics and personal care products as important or very important in their daily lives COSMETICS ARE USED MULTIPLE TIMES EVERYDAY USED BY CONSUMERS... 1. For their personal hygiene over 7 different cosmetics daily nearly 13 different cosmetics weekly 2. To feel good about themselves 3. To protect their skin or hair 71% of consumers feel cosmetics and personal care products they use improve their quality of life IMPORTANT VERY IMPORTANT 70% of consumers said cosmetics and personal care products are important or very important for building their self-esteem Cosmetics Europe, European Consumer Perception Study 2022.