BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR COSMETICS INDUSTRY

Germany is among the leading and pivotal countries in the European and global cosmetics industries. This is due to the state featuring a comprehensive and high-value cosmetic sector. It comprises over 59 000 enterprises. These vary from small and medium-sized enterprises to extensive, pre-eminent, time-honoured corporations. Such businesses represent the whole value chain. For example, there are more than 340 operating within the manufacturing section of the industry. This results in the employment of an extensive section of the country’s workforce. For instance, the stationary retail trade segment of the sector employs over 104 700 specialists. Similarly, the manufacturing section employs around 50 000 experts. As a result, the German cosmetics and personal care sector generates an annual turnover that ranges in the multi-billions. For instance, in recent years, it has reached a revenue of 21 100 000 000 EUR. This includes a domestic sales turnover of 15 900 000 000 EUR and an export sales value of 9 500 000 000 EUR. This is due to Germany being among the leading exporters and markets for the European and global cosmetics industries. Additionally, the sector is expected to grow in the upcoming years at a CAGR of 1.23%. Germany’s cosmetic sector is additionally among the leading innovation hubs of the global industry. This is due to the country’s high focus on research and development. Generally, the sector displays its latest innovations during trade expositions. Such events occur once per year in the respective urban centres. They attract tens of thousands of attendants.