Ximart laboratories participates in the trade mission to Morocco Stanpa 2017

Ximart Laboratories He has participated in the 28 February to the 3 March in the Mission business to Morocco manufacturers of cosmetic products, perfumery and toiletries organized by Stanpa, Association national of perfumery and cosmetics.

The initiative is part of the sectoral Plan of support to the internationalisation of companies and has the support of ICEX, and economic offices and commercial of Spain in Casablanca.

 Meeting of the participating companies in Morocco
Meeting of the participating companies in Morocco

The main objective This mission, which this year involved a total of nine Spanish companies in the sector, It analyze the economic opportunities. As well as, establish relationships with the major importers of cosmetic products.

During his stay in Morocco, Laboratories Ximart are interviewed with a total of 12 Moroccan companies, that showed a great interest towards Spanish cosmetics.

 

Growth of the cosmetic industry in the Moroccan market

The Moroccan market of cosmetics and perfumes has a reduced volume, compared with Europe and North America. However, its activity has increased in recent years, What has allowed the entrance to new foreign brands.

According to Euromonitor, the cosmetic sector in this country grew up in 2015 and continued growth is estimated to 2020. The categories of products more consumed were those products for the care of the skin, with special relevance of color and makeup cosmetics. Second, personal hygiene products, followed by the perfume and hair care.

In the 2016 Spain was the second largest supplier of perfumes and cosmetics in Morocco, only behind France.