Retail constant value sales of skin care will exhibit only modest growth during the forecast period, as cash-strapped consumers allocate a lower proportion of their budgets to perceived non-essential products. Mounting inflationary pressure could also lead Spaniards to trade down to cheaper, private label offerings, which are already well established in skin care.
The COVID-19 pandemic had a considerable impact on beauty and wellness trends, with a growing focus on dietary supplements that help to build beauty from within, especially in the case of products for skin health. During the forecast period, it is expected a growing number of beauty players will launch products of this type, either alone or in collaboration with manufacturers of dietary supplements.
During the height of the pandemic, Spaniards abstained from visits to beauty salons, with resulted in some consumers investing in electronic beauty devices that helped them to achieve desired results (for example, healthy, wrinkle-free skin) at home. To this end, companies such as Foreo and Rowenta launched beauty devices which aimed to cleanse, hydrate or firm the skin, with Foreo, in particular, experiencing great success.
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Understand the latest market trends and future growth opportunities for the Skin Care industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Skin Care industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Skin Care
This is the aggregation of facial care, body care, hand care and skin care sets/kits.
See All of Our DefinitionsThis report originates from Passport, our Skin Care research and analysis database.
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