Mar 9 β€’ 08:22 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Greek cosmetics market totals 1.7 billion euros

The Greek cosmetics market has reached a valuation of 1.7 billion euros, with a growing focus on wellness among consumers.

The Greek cosmetics market has gained attention for its substantial valuation of 1.7 billion euros as reported by the European Cosmetics Industry Association. The data indicates that over 65% of consumers prioritize wellness products heading into 2026, pointing towards a rising trend where health and wellness play a significant role in purchasing decisions. However, consumer behavior remains heavily influenced by final product pricing, which affects consumption rates, distribution methods, and overall industry growth potential.

Recent research from Circana highlights the important distribution channels for cosmetics in Greece, demonstrating that supermarkets and online pharmacies are crucial in shaping the market. In physical and online supermarkets, the cosmetics sector has generated sales worth 596 million euros, marking a small growth of 1.7% from the previous year. Specific product categories present a mixed performance; while facial care products have witnessed an impressive 8.8% increase, products such as shampoos and deodorants have seen slight declines, emphasizing the varied dynamics within the sector.

On the digital front, online supermarket cosmetic sales have reached 10 million euros but have declined by 1.5% in comparison to the previous year. Skin care products continue to dominate the market share, reflecting changing consumer preferences. This comprehensive landscape suggests that while the Greek cosmetics market is resilient and growing, it must navigate the dual challenges of consumer price sensitivity and an evolving demand for wellness-oriented products to sustain its growth trajectory.

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