The Belgium skincare market is suggested to have reached a value of just under EUR 350 million by the beginning of 2007, and is estimated to have hit a valuation of around EUR 385 million in 2012. From here the industry is predicted to reach a total in 2017 of just over EUR 450 million.
Between 2007 and 2012 the Belgium skincare market grew at a CAGR of 2.61%, and is predicted to increase to a CAGR of 3.22% for the forecast period of 2012 and 2017. In terms of categories, 'Facial Care' is the run away leader in the industry, with the 'Body Care' sector a distant second. The fastest growing category in Austria's skincare market is forecast to also be the 'Facial Care' sector, which is predicted to grow at a CAGR of 3.53% during the forecast period.
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