The Bulgaria skincare market is suggested to have reached a value of just under BGN 100 million by the beginning of 2007, and is estimated to have hit a valuation of around BGN 117 million in 2012. From here the industry is predicted to reach a total in 2017 of around BGN 138 million.
Between 2007 and 2012 the Bulgaria skincare market grew at a CAGR of 2.97%, and is predicted to increase to a CAGR of 3.67% for the forecast period of 2012 and 2017. In terms of categories, 'Facial Care' is the clear run away leader in the industry, with the 'Body Care' sector a distant second. The fastest growing category in Bulgaria's skincare market is forecast to be the 'Make-Up Remover' sector, which is predicted to grow at a CAGR of 4.52% during the forecast period.
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