Irish consumers have access to all the top international cosmetic brands and annual sales in 2011 were valued at €584 (based on retail value). Although the cosmetic manufacturing industry in Ireland is relatively small, some major cosmetic companies have very important manufacturing plants or research facilities located in Ireland.
The European cosmetic industry
The European Cosmetic Industry has been estimated in the order of 70 billion euro and employs over 150,000 employees directly with a further 350,000 Jobs created indirectly in retail, distribution and transport. In fact over 6 billion cosmetic products are sold every year to some 500 million consumers in the European Union. The cosmetic industry is highly innovative with major cosmetic companies replacing or reformulating around twenty five percent of their products every year