« Go back Growth in the Italian Cosmetic industry
The global cosmetic industry continues to thrive, and Italy plays a significant role in this growth.
During Milano Beauty Week, an event dedicated to beauty and wellness, it was revealed that by the end of 2024, the industry's revenue is projected to reach €16,7 billion, reflecting a 10,5% increase. This figure is expected to grow by an additional 8% in 2025.
According to Benedetto Lavinio, President of the Trade Association, the consistent revenue growth in the cosmetic industry demonstrates the ability of Italian businesses to innovate, establishing themselves as leaders in cutting-edge sectors, while also embracing digitalization and green transitions.
Working crucial roles are, among all, cosmetic companies situated in the Lombardia Region which account for 48,3% of the italian total revenue in the sector, thus succeeding in making cosmetics an excellence of the Italian territory.
07 October 2024