European C&T market is still on top of the world

Published: 4-Jun-2007

The European Toiletry and Perfumery Association, Colipa, has announced that the European C&T market is going from strength to strength.


The European Toiletry and Perfumery Association, Colipa, has announced that the European C&T market is going from strength to strength.

At the annual General Assembly, held in Stockholm on Friday, Colipa estimated the European market's annual turnover at €65bn, up 4.2% in 2006, meaning that Europe has confirmed its position as world leader yet again.

“The European cosmetics industry remains one of the most dynamic sectors in the European economy,” said Bertil Heerink, director-general of Colipa.

According to Colipa, skin care, toiletries and hair care continued to dominate the market in 2006 and the Central and Eastern European markets are set to contribute to positive growth in the long-term.

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