Austria skincare market: 'Facial Care' both largest and fastest growing sector

Press Release   •   Jul 04, 2013 15:41 BST

The Austria skincare market is suggested to have reached a value of around EUR 202 million by the beginning of 2007, and is estimated to have hit a valuation of around EUR 217 million in 2012. From here the industry is predicted to reach a total in 2017 of just under EUR 235 million.

Between 2007 and 2012 the Austria skincare market grew at a CAGR of 1.38%, and is predicted to increase to a CAGR of 2.51% for the forecast period of 2012 and 2017. In terms of categories, 'Facial Care' is the leading sector in the industry, with the 'Body Care' sector a distant second. The fastest growing category in Austria's skincare market is forecast to be the 'Facial Care' sector, which is predicted to grow at a CAGR of 1.6% during the forecast period.

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