French cosmetics trade body Febea has reported that 2015 was a record year for French exports of cosmetics, with the trade balance passing €9bn for the first time. Exports are increasingly a source of growth for French cosmetics companies, seeing a rise of 4.4% in 2015, to €11.6bn. The image of French products as synonymous with quality and know how allows France to remain the world leader in the cosmetics sector, said Febea. “These exceptional results bear witness that the quality of our products and innovation of our businesses are fully recognised by consumers,” Patrick O’Quin, President of Febea, told Cosmetics Business.
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Country has a 23% share of the total world market