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  • Newsweek International

    Puig - Barcelona’s family-owned beauty and fashion leader pursues ambitious goals

    Aug 20, 2021 3 minutes

    It’s good news for the beauty industry, where Spain is already a leader both in Europe and globally. Spain is the world’s second-largest exporter of perfumes, and Europe’s fifth-largest market for perfumes and cosmetics. Its perfume and cosmetics sector recorded five years of uninterrupted growth in the lead-up to 2020, with the cosmetics sector alone forecast to expand by an average of 7% annually until 2023 to reach €710.5 billion in value. Leading domestic beauty company Puig expects record-breaking growth.

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