The Russian cosmetics market grew steadily between 2017 and 2021. In the first half of 2022, retail sales of cosmetics and perfumes in specialized stores exceeded 512 billion Russian rubles. Over the course of 2021, the revenue reached around 880 billion Russian rubles.
 
Given a high dependency on in-store sales, a lockdown of retail businesses as one of the preventive measures of the coronavirus (COVID-19) expansion in the country, had a drastic impact on the cosmetics business in Russia. While the shopping mall traffic evolved at a negative pace, major cosmetic retailers tried to reinvent their businesses, heavily relying on e-commerce and hygienic product sales. Nevertheless, the average receipt value dropped by approximately 23 percent in 2021 relative to the previous year.
Retail sales revenue of cosmetics and perfumes in specialized stores in Russia from 2017 to 1st half 2022
(in billion Russian rubles)
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Revenue in billion Russian rubles
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Russian Federal State Statistics Service. (September 20, 2022). Retail sales revenue of cosmetics and perfumes in specialized stores in Russia from 2017 to 1st half 2022 (in billion Russian rubles) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/804016/cosmetics-retail-market-value-russia/
Russian Federal State Statistics Service. "Retail sales revenue of cosmetics and perfumes in specialized stores in Russia from 2017 to 1st half 2022 (in billion Russian rubles)." Chart. September 20, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/804016/cosmetics-retail-market-value-russia/
Russian Federal State Statistics Service. (2022). Retail sales revenue of cosmetics and perfumes in specialized stores in Russia from 2017 to 1st half 2022 (in billion Russian rubles). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/804016/cosmetics-retail-market-value-russia/
Russian Federal State Statistics Service. "Retail Sales Revenue of Cosmetics and Perfumes in Specialized Stores in Russia from 2017 to 1st Half 2022 (in Billion Russian Rubles)." Statista, Statista Inc., 20 Sep 2022, https://www.statista.com/statistics/804016/cosmetics-retail-market-value-russia/
Russian Federal State Statistics Service, Retail sales revenue of cosmetics and perfumes in specialized stores in Russia from 2017 to 1st half 2022 (in billion Russian rubles) Statista, https://www.statista.com/statistics/804016/cosmetics-retail-market-value-russia/ (last visited June 18, 2024)
Retail sales revenue of cosmetics and perfumes in specialized stores in Russia from 2017 to 1st half 2022 (in billion Russian rubles) [Graph], Russian Federal State Statistics Service, September 20, 2022. [Online]. Available: https://www.statista.com/statistics/804016/cosmetics-retail-market-value-russia/