It has taken more than half a decade for the cosmetics markets of Eastern Europe to finally shrug off the long-running period of stagnation that has characterised the regional market. Two underlying features – the financial crisis of 2008 and the completion of multinational takeovers in the noughties that saturated these post-communist markets – lay behind the extended period of slow, low or non-existent growth. Now, though, the market appears cautiously upbeat. Data and perspectives appear more optimistic than has been the case for some time.
Eastern European personal care shrugs off stagnation
The market is cautiously upbeat after more optimistic data
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Colour Cosmetics
Gen Z are still the most sought-after beauty demographic, but for influence, not spend
With Gen X and boomers now beauty’s biggest spenders, Gen Z’s power play is changing behaviour. This group is demanding premiumisation with accessibility from brands in 2026, as well as a genuine cultural connection, which makes winning this group over a critical future investment
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