Germans Want to be Beautiful
Good Half-Year Figures of the IKW Companies
The companies of the German Cosmetic, toiletry, Perfumery and Detergent Association (IKW) increased their turnover by 9.2 per cent to 16.3 billion euros in the first half of 2023. Consumers spent a total of 12.5 billion euros on cosmetics and personal care products in this period. According to IKW, this is 11.1 per cent more than in the same period last year. Export sales, which increased by 11.4 per cent to 6 billion euros across all categories, played an important role in this development. Nevertheless, the German association was also able to record an increase of 7.9 per cent in domestic business and thus a turnover of 10.2 billion euros. This was mainly driven by the beauty products category, whose turnover rose by 10 per cent to 7.9 billion euros. Further information ...