Beauty & Personal Care - Spain

Spain

In 2024, the revenue in the Beauty & Personal Care market in Spain amounts to US$10.11bn.
It is projected that the market will experience an annual growth rate of 1.42% (CAGR 2024-2029).
The largest segment in the market is Personal Care, with a market volume of US$4.28bn in 2024.
When compared globally, in the United States generates the highest revenue, reaching US$100bn in 2024.
In terms of per capita revenue, in Spain generates US$212.90 per person in 2024.
Additionally, it is estimated that 34.7% of the total revenue in the Beauty & Personal Care market will be generated through online sales by 2024.
Spain's beauty and personal care market is experiencing a surge in demand for natural and organic products.

Key regions: United States, Worldwide, India, Indonesia, Canada

Market

Region

Region comparison

Currency

Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.