Norway: cosmetics market sales 2010-2022| ��ƽ��

Sales value of the cosmetics and personal care market in Norway from 2010 to 2022 (in million NOK)

Characteristic	Sales in million NOK
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Release date

October 2023

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Region

Norway

Survey time period

2010 to 2022

Supplementary notes

The figures show consumer sales, based on the KLF's (Norwegian Cosmetics Association) internal sales statistics and supplemented with actual and estimated information about the rest of the market (i.e. the sales that bypass KLFs member firms), as well as adjusted for indices of trade. Duty free and internet sales from foreign players are not included. The figures include VAT.

Some figures have been taken from previous publications.

Citation formats

The Norwegian cosmetics market’s sales value increased constantly in recent years, reaching approximately **** billion Norwegian kroner in 2022. This market includes the following product categories: skin care, sun care, hair care, decorative cosmetics, fragrances, and hygiene products. When looking at the development in cosmetics sales in Norway compared to a year earlier, it can be seen that it fluctuated strongly from 2010 to 2022. The Norwegian cosmetics market showed the by far highest growth in 2020, and grew by **** percent.

 L’Oréal Norge 

The annual profit of L’Oréal Norge AS has fluctuated between 2008 and 2022. In 2016, the French company reached a record-high profit of almost *** million Norwegian kroner. Compared to more recent years, however, annual profit was much lower, amounting to almost ** million Norwegian kroner in 2022.  

 Leading cosmetic companies 

Among the companies operating in the Norwegian cosmetics, perfume, and hairdressing industry, Normal Norge AS led the revenue ranking. As of January 2024, the drugstore chain generated nearly **** billion Norwegian kroner. It was ahead of the companies Essity Norway AS, L’Oréal Norge AS, and Kicks Norge AS.