Beauty and personal care in 2024: The big picture
In 2024, beauty and personal care in Greece recorded positive value growth, albeit at a slower pace than in 2023. This moderation was largely due to a decline in inflationary pressure, which was still significant, though lessened, in 2024.
Key Trends
Consumer knowledge and interest in ingredients continued to grow in 2024, leading to the ongoing trend of ingredient-led beauty. This shift is increasingly evident in manufacturers' strategies, with product development and innovation placing emphasis on specific ingredients and molecules.
Competitive landscape
L’Oréal Hellas SA maintained its position as the leader in beauty and personal care in Greece in 2024, further consolidating its overall share. The company was also the most dynamic player of the year, largely driven by the growing popularity of its dermocosmetic portfolio, particularly in skin care and sun care, through the La Roche-Posay brand.
Retail developments
In 2024, supermarkets retained its position as the leading distribution channel for beauty and personal care in Greece, although its share experienced a slight decline. Supermarkets continued to be the primary retailer for staple categories such as bath and shower products, hair care, deodorants, and oral care, while also maintaining a strong presence in skin care, supported by broadening product assortments and aggressive discounting.
What next for beauty and personal care ?
Beauty and personal care is expected to record positive retail value growth over the forecast period, supported by volume expansion and moderately rising unit prices. Although inflation increased prices significantly from 2022 to 2024, it is expected to ease, however, prices will likely stabilise at higher levels.
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Overview:
Understand the latest market trends and future growth opportunities for the Beauty and Personal Care industry in Greece 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Baby and Child-Specific Products
- Bath and Shower
- Colour Cosmetics
- Deodorants
- Depilatories
- Fragrances
- Hair Care
- Men's Grooming
- Oral Care
- Skin Care
- Sun Care
- Premium Beauty and Personal Care
- Mass Beauty and Personal Care
If you're in the Beauty and Personal Care industry in Greece, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Beauty and Personal Care in Greece report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Beauty and Personal Care in Greece?
- Which are the leading brands in Greece?
- How are products distributed in Greece?
- To what extent is e-commerce changing the retail environment and consumer demand?
- How are sales of mass versus premium beauty products evolving?
- Which products are seeing rising demand in the wake of COVID-19?
- Why are changing lifestyles and consumer behaviour patterns stimulating growth of some categories but not others?
- How is the macroeconomic environment shaping demand?
- Where is future growth expected to be most dynamic?
Beauty and Personal Care in Greece
Beauty and personal care in 2024: The big picture
Key Trends
Competitive landscape
Retail developments
What next for beauty and personal care ?
DISCLAIMER
Baby and Child-Specific Products in Greece
KEY DATA FINDINGS
The demographic decline challenges sales, however, premium products drive growth
Mega Disposables retains its lead while L’Oréal records an uplift in share
Pharmacies gain share as parents’ trust in the channel increases
Premiumisation is expected to be the key driver of value growth across the forecast period
Innovation is set to focus on natural and organic launches, aligning with consumer demands
Slowing birthrates will require a focus on innovation to drive value growth
Bath and Shower in Greece
KEY DATA FINDINGS
Government-led price declines negatively impact retail value growth but support volume sales
Elais Unilever Hellas SA leads, while domestic player Papoutsanis PD SA improves its position
Supermarkets led sales while retail e-commerce improves its performance
Premiumisation is expected to drive growth in body wash/shower gel
There are limited growth opportunities for both liquid soap and bar soap
Hand sanitisers is predicted to stabilities at levels higher than pre-COVID-19
Colour Cosmetics in Greece
KEY DATA FINDINGS
Despite a strong result, price sensitivity limits growth potential for colour cosmetics
Leader L’Oréal Hellas SA loses share as Kiko Milano improves its position
Supermarkets and beauty specialists experience growth, offering affordable options
Healthy growth is set to be supported by lip products and the integration of skin care benefits
The minimalism and enhancement aesthetics trends will shape consumer buying habits
Convenience and price point will shape purchasing habits in colour cosmetics
Deodorants in Greece
KEY DATA FINDINGS
Climate change, time outdoors and health awareness supports growth for deodorants
Elais Unilever Hellas SA sale of Noxzema impacts the competitive landscape
Supermarkets remains the leading channel while retail e-commerce increases its share
Further growth is predicted for deodorant roll-ons and sticks, supported by leading brands
Positive growth for deodorant sprays will be challenged by deodorant roll-ons
Innovation and premiumisation will focus on natural ingredients and free-from formulas
Depilatories in Greece
KEY DATA FINDINGS
Women's razors and blades drive growth as a practical and affordable solution
Established multinational brands lead depilatories as consumers turn to trusted products
Share for retail e-commerce is driven by online promotions, deals and discounts
Growth for women’s razors and blades will be drive by affordably
Hair removers/bleaches will face challenges from both salons, and women’s razors and blades
Opportunities for growth may be found with men’s depilatories
Fragrances in Greece
KEY DATA FINDINGS
Premium fragrances drives growth as mass products face challenges during inflation
GR Sarantis SA gains momentum, offering a mix of premium and mass market fragrances
Beauty specialists lead as consumers appreciate discovery new fragrances in person
Men’s options and niche brands are expected to drive growth for premium fragrances
Stagnation for mass fragrances expected as competition from affordable and premium goods rises
Sustainability and rising prominence of online retailers will shape consumer habits
Hair Care in Greece
KEY DATA FINDINGS
New legislation leads to slower retail value growth in hair care during 2024
The consolidated competitive landscape is led by multinational players
Supermarkets retain the leading share as consumers appreciate a wide variety and easy accessibility
Positive outlook for conditioners and treatments, while shampoos faces challenges
Several trends are expected to shape hair care throughout the forecast period
Rising competition among mass brands and salon professional hair care
Men's Grooming in Greece
KEY DATA FINDINGS
Men’s grooming post growth, however, sales are challenged by unisex offerings
Procter & Gamble Hellas SA maintains its top spot due to key brands
Retail e-commerce gains share as consumers appreciate competitive pricing
Men’s toiletries is set to grow further, bolstered by bath and shower products
Growth for men’s skin care and hair care is set to be challenged by unisex products
The rise of a groomed appearance may support sales of men's shaving products
Oral Care in Greece
KEY DATA FINDINGS
Government legislation impacts toothpastes performance, challenging value growth
A highly consolidated landscape leaves little opportunity for private label goods
Retail e-commerce continues to grow from low base while supermarkets lead
Manual toothbrushes is expected to lead growth, with sales bolstered by multi-packs
Premiumisation and specialisation will rise alongside health awareness
Whitening and therapeutic products are set to drive current value growth for toothpaste
Skin Care in Greece
KEY DATA FINDINGS
Dermocosmetics drive sales as consumers seek active ingredients and medical benefits
L’Oréal Hellas continues to lead with a portfolio of mass and premium brands
Physical pharmacies lead distribution, outperforming online counterparts
Skin care innovation and growth is set to be boost by the ongoing interest in anti-agers
K-Beauty is set to gain ongoing popularity across the forecast period
Mass products are set to grain ground, offering premium features to consumers
Sun Care in Greece
KEY DATA FINDINGS
Ongoing growth for sun care as consumers seek high-level sun protection
L'Oréal Hellas continues to lead sun care, while GR Sarantis SA offers the leading brand
Pharmacies lead as consumers trust product offerings from these retailers
Further growth is anticipated for sun protection as daily use drives sales
Sun projection will increasingly be viewed as an essential, driving sales
The role of sustainability will rise in sun care, with a growing demand for marine-friendly ingredients
Premium Beauty and Personal Care in Greece
KEY DATA FINDINGS
Dermocosmetics drive growth and developments for premium skin care
L’Oréal Hellas continues to lead while improving its share in premium beauty and personal care
The cost-of-living crisis impacts certain premium products while others continue to thrive
Ongoing growth is expected for premium skin care, driven by dermocosmetics
Full recovery and further growth for premium colour cosmetics and fragrances
Salon professional hair care to grow faster than mass hair care products
Mass Beauty and Personal Care in Greece
KEY DATA FINDINGS
Pricing regulations drive sales but hinders value growth for staple products
L’Oréal Hellas leads, while domestic player GR Sarantis records the strongest uplift in share
Some consumers shift from premium to mass offerings to save costs during 2024
Moderate growth for staple mass beauty and personal care products
Price point and promotions are set to remain key to the purchasing decision
Mass products will increasingly offer premium features, driving value growth
The following categories and subcategories are included:
Beauty and Personal Care
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- Baby and Child-specific Hair Care
- Baby and Child-specific Skin Care
- Baby and Child-specific Sun Care
- Baby and Child-specific Toiletries
- Baby Wipes
- Medicated Baby and Child-specific Products
- Nappy (Diaper) Rash Treatments
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- Bar Soap
- Bath Additives
- Body Powder
- Body Wash/Shower Gel
- Hand Sanitisers
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- Intimate Washes
- Intimate Wipes
- Liquid Soap
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-
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- Premium Eye Liner/Pencil
- Mass Eye Liner/Pencil
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- Premium Eye Shadow
- Mass Eye Shadow
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- Premium Mascara
- Mass Mascara
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- Premium Other Lash and Brow Make-Up
- Mass Other Lash and Brow Make-Up
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-
-
- Premium BB/CC Creams
- Mass BB/CC Creams
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- Premium Blusher/Bronzer/Highlighter
- Mass Blusher/Bronzer/Highlighter
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- Premium Foundation/Concealer
- Mass Foundation/Concealer
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- Premium Powder
- Mass Powder
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- Premium Other Facial Make-Up
- Mass Other Facial Make-Up
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-
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- Premium Lip Gloss
- Mass Lip Gloss
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- Premium Lip Liner/Pencil
- Mass Lip Liner/Pencil
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- Premium Lipstick
- Mass Lipstick
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- Premium Other Lip Products
- Mass Other Lip Products
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-
-
- Premium Nail Polish
- Mass Nail Polish
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- Premium Nail Treatments/Strengthener
- Mass Nail Treatments/Strengthener
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- Premium Polish Remover
- Mass Polish Remover
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- Premium Other Nail Products
- Mass Other Nail Products
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- Premium Colour Cosmetics Sets/Kits
- Mass Colour Cosmetics Sets/Kits
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- Deodorant Creams
- Deodorant Pumps
- Deodorant Roll-Ons
- Deodorant Sprays
- Deodorant Sticks
- Deodorant Wipes
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- Hair Removers/Bleaches
- Women's Pre-Shave
- Women's Razors and Blades
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- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
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- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
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- 2-in-1 Products
- Colourants
- Conditioners and Treatments
- Hair Loss Treatments
- Perms and Relaxants
- Salon Professional Hair Care
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- Medicated Shampoos
- Standard Shampoos
- Styling Agents
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- Men's Post-Shave
- Men's Pre-Shave
- Men's Razors and Blades
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- Premium Men's Bath and Shower
- Mass Men's Bath and Shower
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- Premium Men's Deodorants
- Mass Men's Deodorants
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- Premium Men's Hair Care
- Mass Men's Hair Care
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- Premium Men's Skin Care
- Mass Men's Skin Care
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-
- Premium Men's Fragrances
- Mass Men's Fragrances
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- Dental Floss
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- Denture Cleansers
- Denture Fixatives
- Mouth Fresheners
- Mouthwashes/Dental Rinses
- Tooth Whiteners
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- Manual Toothbrushes
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- Battery Toothbrush Replacement Heads
- Battery Toothbrush Units
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- Electric Toothbrush Replacement Heads
- Electric Toothbrush Units
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- Toothpaste
- Oral Care Excl Power Toothbrushes
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- Premium Firming Body Care
- Mass Firming Body Care
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- Premium General Purpose Body Care
- Mass General Purpose Body Care
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-
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- Premium Acne Treatments
- Mass Acne Treatments
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- Premium Face Masks
- Mass Face Masks
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-
- Premium Liquid/Cream/Gel/Bar Cleansers
- Mass Liquid/Cream/Gel/Bar Cleansers
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- Premium Facial Cleansing Wipes
- Mass Facial Cleansing Wipes
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-
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- Premium Basic Moisturisers
- Mass Basic Moisturisers
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- Premium Anti-Agers
- Mass Anti-Agers
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-
- Premium Lip Care
- Mass Lip Care
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- Premium Toners
- Mass Toners
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- Premium Hand Care
- Mass Hand Care
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- Premium Skin Care Sets/Kits
- Mass Skin Care Sets/Kits
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-
-
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- Premium Aftersun
- Mass Aftersun
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- Premium Self-Tanning
- Mass Self-Tanning
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- Premium Sun Protection
- Mass Sun Protection
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- Baby and Child-specific Sun Care
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-
- Premium Baby and Child-specific Products
- Premium Bath and Shower
-
-
- Premium Eye Liner/Pencil
- Premium Eye Shadow
- Premium Mascara
- Premium Other Lash and Brow Make-Up
-
- Premium BB/CC Creams
- Premium Blusher/Bronzer/Highlighter
- Premium Foundation/Concealer
- Premium Powder
- Premium Other Facial Make-Up
-
- Premium Lip Gloss
- Premium Lip Liner/Pencil
- Premium Lipstick
- Premium Other Lip Products
-
- Premium Nail Polish
- Premium Nail Treatments/Strengthener
- Premium Polish Remover
- Premium Other Nail Products
- Premium Colour Cosmetics Sets/Kits
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- Premium Deodorants
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- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
- Premium Hair Care
-
-
- Premium Firming Body Care
- Premium General Purpose Body Care
-
- Premium Acne Treatments
- Premium Face Masks
- Premium Facial Cleansing Wipes
-
- Premium Basic Moisturisers
- Premium Anti-Agers
- Premium Lip Care
- Premium Liquid/Cream/Gel/Bar Cleansers
- Premium Toners
- Premium Hand Care
- Premium Skin Care Sets/Kits
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- Premium Aftersun
- Premium Self-Tanning
- Premium Sun Protection
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- Prestige Baby and Child-specific Products
- Prestige Bath and Shower
- Prestige Colour Cosmetics
- Prestige Deodorants
- Prestige Fragrances
- Prestige Hair Care
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- Prestige Body Care
- Prestige Facial Care
- Prestige Hand Care
- Prestige Skin Care Sets/Kits
- Prestige Adult Sun Care
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- Mass Baby and Child-specific Products
- Mass Bath and Shower
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-
- Mass Eye Liner/Pencil
- Mass Eye Shadow
- Mass Mascara
- Mass Other Lash and Brow Make-Up
-
- Mass BB/CC Creams
- Mass Blusher/Bronzer/Highlighter
- Mass Foundation/Concealer
- Mass Powder
- Mass Other Facial Make-Up
-
- Mass Lip Gloss
- Mass Lip Liner/Pencil
- Mass Lipstick
- Mass Other Lip Products
-
- Mass Nail Polish
- Mass Nail Treatments/Strengthener
- Mass Polish Remover
- Mass Other Nail Products
- Mass Colour Cosmetics Sets/Kits
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- Mass Deodorants
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- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
- Mass Hair Care
-
-
- Mass Firming Body Care
- Mass General Purpose Body Care
-
- Mass Acne Treatments
- Mass Face Masks
- Mass Facial Cleansing Wipes
-
- Mass Basic Moisturisers
- Mass Anti-Agers
- Mass Lip Care
- Mass Liquid/Cream/Gel/Bar Cleansers
- Mass Toners
- Mass Hand Care
- Mass Skin Care Sets/Kits
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- Mass Aftersun
- Mass Self-Tanning
- Mass Sun Protection
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- Dermocosmetics Baby and Child-specific Products
- Dermocosmetics Bath and Shower
- Dermocosmetics Colour Cosmetics
- Dermocosmetics Deodorants
- Dermocosmetics Fragrances
- Dermocosmetics Hair Care
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- Dermocosmetics Body Care
- Dermocosmetics Facial Care
- Dermocosmetics Hand Care
- Dermocosmetics Skin Care Sets/Kits
- Dermocosmetics Adult Sun Care
Beauty and Personal Care
This is the aggregation of baby and child-specific products, bath & shower, colour cosmetics, deodorants, depilatories, fragrances, hair care, men's grooming, oral care, skin care and sun care. Black market sales and travel retail are excluded.
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This report originates from Passport, our Beauty and Personal Care research and analysis database.
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