GREECE’S COSMETICS MARKET RETURNS TO GROWTH
May 1st, 2019
GREECE’S cosmetics sector showed significant resilience during the country’s long financial crisis and is currently expanding, as the country’s overall economy pulls ahead (1.9% GDP growth in 2018 and 2.1% projected for this year). However, problems afflicting the country’s personal care product regulations and a duty imposed on cosmetic producers might impact the sector going forward.
According to Greece market research company the Icap Group, the total cosmetics and personal care market in Greece, which was contracting by 2.5% annually in the period ...
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