The past 12 months have heralded new life for the German C&T market. Katie Middleweek reports on a market trying to find its feet
The German cosmetics market has seen ups and downs in the past 12 months. However generally the consensus is positive. There has been a notable increase in NPD with some key launches and retailers have also done their bit to keep the category interesting. But according to figures from SymphonyIRI Germany, the main six C&T categories (women’s fragrance, hair care, facial skin care, colour cosmetics, body care and male grooming) have seen both gains and losses. While the gains should certainly be celebrated, the losses should not be ignored.
Table 1: Germany, women’s fragrance market, 2011, value, €m | ||
Value | %+/- | |
Total | 1.15(bn) | 5.7 |
Fragrances | 876.5 | 6.0 |
Fragranced body care | 114.5 | -0.5 |
Fragrance coffrets | 165.5 | 9.1 |
Source: SymphonyIRI Germany |
According to the latest figures from the industry body IKW (Industrieverband Körperflege und Waschmittel), which tracks the mass market, in the past year the German C&T sector actually recorded a small increase of 0.8%, equivalent to growth of €103m in 2011, clearly a sign sales figures are moving in the right direction. This would suggest that consumer confidence has improved and that people are spending again although this is still very much a work in progress.