20/01/2022
Less affected than the rest of the economy, the French cosmetics industry could return to its pre-crisis level as early as 2022. While sales of cosmetics recorded a sharp decline in France in the first half of the year, due to the Covid-19 pandemic, the drop should be limited to 5% this year, according to a study by consulting firm Asterès, for the French beauty federation (FEBEA).
According to the study, carried out on behalf of the French beauty federation (FEBEA), the turnover of cosmetics sector dropped by 10% during the first six months of the year, however, sales recorded strong disparities between product categories. Indeed, while sales of beauty products have fallen by 25%, those of hygiene products have doubled, driven by the health concerns linked to the outbreak.
