The panel will discuss the report, What is the Value of Beauty? launched by the alliance back in January which investigates – How beauty & personal care shape our economy, society and wellbeing.
Topics for discussion
Economic Impact of the Industry: The cosmetics and personal care industry is a cornerstone of European excellence and recognised as a world leader contributing over €29 billion to the economy each year and employing over 3 million people.
As well as being a powerhouse of economic activity; it’s an industry with innovation at its core. Approximately €2.35 billion is invested in R&D each year.
Contribution to Health & Wellness: European cosmetics adhere to strict standards, ensuring consumer safety. They contribute to personal hygiene, helping to prevent dermatological issues, maintain healthy skin, and support self-confidence.
Contribution to Society & Culture: Beauty has consistently played and continues to play a substantial role in shaping and celebrating the evolution of European culture and society.
