The organizers of the Beauty Leaders Summit report that the French cosmetics market is expected to generate sales of 2.81 billion $ by 2024, with a forecast annual growth rate of 2.07 % (CAGR 2024-2028). This booming industry reflects French consumers' interest in cosmetics and beauty products.
This market is dominated by luxury products, which account for around 60 % of revenues in the French cosmetics market, due to the importance attached by French consumers to quality, craftsmanship and prestige in their choice of beauty products.
Another finding: global trends indicate that French consumers are increasingly interested in natural and organic cosmetics. Their attachment to sustainability and environmentally-friendly practices is reflected in this shift, which goes hand in hand with a broader cultural evolution in favor of responsible consumption.
In this innovative and evolving environment, the Beauty Leaders Summit becomes an essential forum for industry leaders to meet and learn from each other. A meeting place for decision-makers in the personal care and skin care industry, it is intended to be a crossroads for ideas and points of view.
In particular, participants will be able to obtain information on the specific features of the French beauty sector. Beyond local perspectives, it's a global, international view of developments in the beauty sector - with its opportunities and challenges - that will be at the heart of the summit.
The event will be held in Paris on November 20 and 21, 2024, at the Paris Marriott Champs-Élysées.
Photo taken from the Beauty Leaders Summit website.
