The EU-27 market for cosmetics products was worth €74.1 billion at retail sales prices in 2022. That’s the equivalent of over €200 million a day.
THE VALUE OF BEAUTY ALLIANCE
Our story
The aim of The Value of Beauty Alliance is to bring together actors of the European beauty and personal care value chain to raise awareness of the positive impact the industry has in Europe both at an economic and societal level.
Few industries in the world are as embedded in everyday life as beauty and personal care. The beauty and personal care industry operates through a sophisticated value chain that encompasses a diverse range of professionals. Farmers and research scientists contribute to the development of innovative ingredients and formulations; manufacturing, packaging, and distribution processes ensure that products reach the market efficiently; while additionally, support services play a crucial role in providing assistance and expertise. Finally, retailers, salon owners, beauticians, hairdressers, dermatologists, and other specialists serve as the bridge between the industry and consumers, offering their expertise and services.
The EU-27 market for cosmetics products was worth €74.1 billion at retail sales prices in 2022. That’s the equivalent of over €200 million a day.
For over 110 years, L’Oréal, the world’s leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 37 international brands and ambitious sustainability commitments in our L’Oréal for the Future programme, we offer each and every person around the world the best in terms of quality, efficacy, safety, sincerity and responsibility, while celebrating beauty in its infinite plurality.
With 87,400 committed employees, a balanced geographical footprint and sales across all distribution networks (e-commerce, mass market, department stores, pharmacies, hair salons, branded and travel retail), in 2022 the Group generated sales amounting to 38.26 billion euros.
With 20 research centres across 11 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 5,500 tech and digital professionals, L’Oréal is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse.
Beiersdorf has stood for innovative, high-quality skin care products as well as pioneering skin research for more than 140 years. Our passion for skin care is what drives us and what makes us unique. Our iconic and leading international brands such as NIVEA, the world’s no. 1 skin care brand*, Eucerin (dermocosmetics), La Prairie (selective cosmetics), and Hansaplast (plasters and wound care) are cherished by millions of people around the world day after day. Renowned brands such as Aquaphor, Coppertone, Chantecaille, Labello, 8×4, atrix, Hidrofugal, or Maestro round off our extensive portfolio in the Consumer Business Segment. Through the wholly owned affiliate tesa SE, Beiersdorf is also a globally leading manufacturer of technical adhesive tapes and provides self-adhesive solutions to industry, craft businesses, and consumers. In fiscal year 2022, the Hamburg-based company generated sales of €8.8 billion as well as an operating result (EBIT) of €1.2 billion.
Beiersdorf employs more than 20,000 people worldwide. Our mission is to make people feel good in their skin to give them the confidence to reach out and build meaningful connections. True to our purpose “Care Beyond Skin”, we want to contribute to our consumers’ lives and our planet for strong and more inclusive communities and a sustainable future. With our business strategy, we pursue a multi-year investment program focusing on competitive, sustainable growth, especially in the areas of innovation, digitalization, and sustainability.
* Source: Euromonitor International Limited; NIVEA by umbrella brand name in the categories Body Care, Face Care, and Hand Care; in retail value terms, 2022.
Givaudan is a global leader in Fragrance & Beauty and Taste & Wellbeing. We celebrate the beauty of human experience by creating for happier, healthier lives with love for nature. Together with our customers we deliver food experiences, craft inspired fragrances and develop beauty and wellbeing solutions that make people look and feel good. In 2023, Givaudan employed almost 16200 people worldwide and achieved CHF 6.9 billion in sales with a free cash flow of 13.3%. With a heritage that stretches back over 250 years, we are committed to driving long-term, purpose-led growth by improving people’s health and happiness and increasing our positive impact on nature. This is Givaudan. Human by nature.
At IFF, we apply science and creativity for a better world. With the beauty of art and the precision of science, we are an international collective of thinkers who partner with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. As a global leader in food, beverage, scent, home and personal care, and health, we do a lot and continually innovate to do it better. For more than 130 years we’ve been focused on finding the most innovative solutions to help bring “better for you” products to market. While we have grown over the years, we remain agile in our approach and put our customers’ needs at the forefront of our thinking. With 12bn$ in revenue, and 24,000 employees across 65 countries, more than 110 manufacturing facilities, 100 R&D centers, and 33,000 customers across the world, we’re poised to make a difference on an unprecedented scale.
KIKO MILANO was founded in 1997 in Milan and since then has revolutionised how cosmetics are sold globally. KIKO identifies the major beauty trends of the moment and makes them accessible to all. Combining the quality and creativity rooted in its Italian DNA, KIKO has conquered the most demanding and diverse beauty addicts with an endless range of shades, tones and textures to satisfy every professional and personalised make-up and skin care requirement. The brand has over 1,000 stores and is available in 64 markets.
Ancorotti Cosmetics is a leading cosmetics contract manufacturing company. Established in 2009 by Renato Ancorotti and his daughter Enrica, the firm quickly gained recognition among Italy’s top-performing scaleups. Today, we proudly stand as a major player in the global beauty industry, collaborating with over 300 brands across 47 countries. With an unwavering commitment to product safety and the sustainable development of people and planet, we blend an innovation-driven vision with solid industrial know-how and R&D expertise to deliver high-quality, Italian-made makeup and skincare.
Albéa is a global leader in beauty, personal care and pharma packaging. We invent and make responsible packaging – tubes, lipsticks, mascaras, fragrance caps, skincare jars and many more. Yet we believe there can be no responsible packaging without a responsible company. That is why we uphold the reputation of our dynamic and prestigious customers; we act for the environment; we support our communities; we invest in technical expertise and world-class equipment for our 34 modern facilities worldwide; and we care for our 12,500 talented people.
As innovators in nutrition, health, and beauty, dsm-firmenich reinvents, manufactures, and combines vital nutrients, flavors, and fragrances for the world’s growing population to thrive. With our comprehensive range of solutions, with natural and renewable ingredients and renowned science and technology capabilities, we work to create what is essential for life, desirable for consumers, and more sustainable for the planet. dsm-firmenich is a Swiss-Dutch company, listed on the Euronext Amsterdam, with operations in almost 60 countries and revenues of more than €12 billion. With a diverse, worldwide team of nearly 30,000 employees, we bring progress to life every day, everywhere, for billions of people.
Puig is a home of Love Brands, within a family company, that furthers wellness, confidence and self-expression while leaving a better world. Since 1914, our company’s entrepreneurial spirit, creativity and passion for innovation have made Puig a global leader in the premium beauty industry.
Present in the fragrance and fashion, makeup and skincare segments, our house of Love Brands generates engagement through great storytelling that connects with people’s emotions and is reinforced by a powerful ecosystem of founders. Puig portfolio includes our brands Rabanne, Carolina Herrera, Charlotte Tilbury, Jean Paul Gaultier, Nina Ricci, Dries Van Noten, Byredo, Penhaligon’s, L’Artisan Parfumeur, Uriage, Apivita, Dr. Barbara Sturm, Kama Ayurveda and Loto del Sur as well as the beauty licenses of Christian Louboutin, Banderas and Adolfo Dominguez, among others.
At Puig we honor the values and principles put in place by three generations of family leadership. Today we continue to build on that legacy, through conscious commitments in our ESG Agenda (environmental, social and governance) aligned with the UN Sustainable Development Goals. In 2023, Puig recorded net revenues of €4,304 million. Puig sells its products in more than 150 countries and has offices in 32 of them.
Founded in 1977, FIABILA is the world’s leading contract manufacturer in nail polish.
FIABILA creates, formulates and manufactures, from the raw materials to the finished product. Recognised for its excellence and expertise, our group places customer satisfaction at the centre of its priorities.
With more than 500 employees, and 10 factories in 6 countries, FIABILA is the only nail polish manufacturer with worldwide-based state of the art installations allowing our customers to access clean, green, safe and regulatory compliant products, made under the most exigent environmental, social and ethical standards.
Our strong capacity for innovation and our reliability in customer relations are recognised by all cosmetics brands, making FIABILA an essential partner of the Beauty Industry.
PATYKA is a disruptive biotech skincare brand whose mission lies in 4 simple words: “Clean beauty that delivers”. Thanks to our deep biotech expertise, we aim to reconcile the best of three worlds: high performance expert anti-aging skincare with 100% clinically proven results, super clean formulas with 100% certified-organic products and French luxury touch, with premium textures, fragrances and galenics.
Launched 10 years ago in French pharmacies, PATYKA’s topline reaches €30m, with +40% annual growth since 2014. PATYKA has 6 subsidiaries and is now expanding fast in new channels (selective retail, e-comm) and new markets (Italy, Spain, Switzerland, GCC, etc.).
As a Mission-driven Company, a member of UEBT (Union for Ethical Biotrade) and a certified B-Corp, PATYKA is a truly committed brand for the people, the planet and biodiversity. From formulations to packaging and manufacturing processes, our high-performance skincare is clean to the skin but also respectful of the environment and humans’ health.
COSMETIC VALLEY is the leading global perfumery-cosmetics network and coordinator of the French sector. The association brings together all the know-how of the profession, from plant cultivation to finished products. Its mission: to serve the economic development of the sector through promoting the French brand, by strengthening the visibility and attractiveness of research laboratories, companies and regions and sharing the challenges and opportunities of the sector.
COSMETIC VALLEY makes innovation the growth engine of the sector in an increasingly demanding competitive context. Its member companies and research bodies are committed to progress and transition towards an ever more sustainable and efficient industry.
COSMETIC VALLEY unites and supports this jewel in the French economy, by defending the voice of a fabric of more than 6,300 companies of all sizes (85% VSE/SME/SMB and all the world leaders), accounting for nearly 226,000 jobs for €71 billion estimated turnover and more than a thousand patents lodged per year. It is the world’s largest exporter of perfumes and cosmetics, with €21 billions of exports in 2023.
Any company that wishes to join the Alliance may contact the Alliance secretary and express their desire to join through our membership page.
