Page 4 Executive summary Statistics and key facts Global personal The online The growth Asia-Pacific and Accessories For the second luxury market luxury market was helped Latin America have become year running, grew by3% has grown by the sharp represented the largest dermocosmetics in 2014. twelvefold in depreciation almost half category within was the most the past 11 of the euro, of the global luxury goods dynamic years and now which left the cosmetics and have grown market, 5% sector with an market with growth Demand is still makes up the fastest growing, mainly of total unbalanced in 2014. lately. of 5.1%. sustained by sales. price structure the touristic across regions. China continues Global cosmetics The digital Retail remained consumption, to be the top market remains revolution a key growth which has The global a supply-driven has driver in 2014, been heavily consumer cosmetics market, fueled by but the market country ( opened saw a slowdown influenced 1/3 market grew innovation where of the total by consumers are up huge in retail network by currency market). 3.6% always looking opportunities expansion, fluctuations in 2014. for quality, for both luxury illustrating the and local performance and and cosmetics players’ objective regulations. perceived results. industry. to focus on organic growth. The luxury and cosmetics financial factbook 2015