Doing Business In (Insert Country Name Here) - BNA
Doing Business In (Insert Country Name Here) - BNA
Doing Business In (Insert Country Name Here) - BNA
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Cosmetics (COS) Return to top<br />
Overview Return to top<br />
2006 2007 2008 (estimated)<br />
Total Market Size 8,869 8,750 8,857<br />
Total Local Production 17,500 17,850 18,207<br />
Total Exports 10,857 11,400 11,850<br />
Total Imports 2,226 2,300 2,500<br />
Imports from the U.S. 191 195 220<br />
Exchange Rates: USD 1 Euro: 0.8 Euro: 0.7 Euro: 0.7<br />
(Figures in USD millions)<br />
<strong>In</strong> 2006, sales of cosmetics in France (including perfumes, toiletries and hair care<br />
products) reached USD 8,178 billions, representing a significant increase of 3.5 percent.<br />
Due to the know-how of local companies, the label “made in France” remains a sign of<br />
quality and consequently, total French exports have registered a considerable increase<br />
of 7.4 percent. French brands are sold in 202 countries.<br />
Consumers are becoming very demanding and are always expecting more and more<br />
efficient products. They like to try new and innovative products. This is why companies need<br />
to adapt themselves to the want and needs of these consumers by launching new products<br />
every year.<br />
Although this is a very difficult and competitive market due to the dominance of French<br />
leading companies, (particularly L’Oreal and L.V.M.H.) and because of a very severe<br />
legislation, there are market opportunities particularly for U.S. niche brands. There are a few<br />
French distributors interested in sourcing innovative products from the U.S.<br />
Best Products/Services Return to top<br />
According to market specialists, the following sectors are in a high demand in France:<br />
• The spa industry is still remaining one of the most dynamic markets with a significant<br />
increase over the past few years. The spa is a concept dedicated to wellness and<br />
the harmonization of the body and the mind.<br />
• Natural and organic products are becoming a new trend in France. This sector has<br />
shown an increase of 40 percent into two years in Europe, and is becoming a<br />
promising sector in France.<br />
• The demand in France for ethno-cosmetic products is still increasing because of the<br />
lack of choice. Ninety percent of ethno-cosmetic products are coming from the U.S.<br />
2/15/2008 <strong>Country</strong> Commercial Guide for France 61<br />
INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE,<br />
© 2007. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES.