SPAIN’S PERSONAL CARE PRODUCT MARKET CONTINUES TO REBOUND FROM RECESSIONARY PAST
May 1st, 2018
SPAIN’S personal care product market is continuing to grow after years of post-financial crisis weakness. Spain’s skincare, cosmetic and perfume industry continues to mature, and has turned in solid sales figures for 2017, reflecting the optimistic mood of the economy after the ‘lost’ years of the recession. (The International Monetary Fund raised 2018 growth forecasts for Spain from 2.4% to 2.8 %, beating France, Germany and Italy. This follows 3.2 GDP growth in 2015 and 2016, with 1.9% forecast for 2019, according to the World Bank.) Spain’s cosmetic ...
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