Australia has a thriving and sophisticated consumer market, ranging from healthy and diverse food to internationally renowned wines and all manner of consumer products. In particular, Australia is very strong in the production of leather-based products and precious metals and stones such as gold, silver, opals and diamonds.

Cosmetics

The Russian cosmetics market is continuing to enjoy dynamic development. In 2004, the market grew by 15 per cent, reaching total sales of approximately US$6.2 billion. Analysts believe the market has the potential to grow to US$15–18 billion in the next decade or so.

Within the Russian market, there is evidence of an accelerating shift from mass-market cosmetics to higher-quality products and premium brands. As one of the world's leading producers of premium cosmetics, Australia is well placed to supply Russian distributors and retailers with high-quality products at competitive prices.

Australian products are accepted as healthy, natural and safe. Austrade can help Russian companies take full advantage of this positive consensus by sourcing unique cosmetic products from Australian suppliers.

Austrade has an extensive network of contacts in cosmetics and programs to increase exposure for Australian companies through targeted promotions. With a strong roster of Australian suppliers of natural cosmetics, perfume and make-up products, we are well placed to meet the demands of Russian buyers in this sector.

A number of Australian cosmetics companies expressed interest in Australia Week in Moscow 2005, the largest Australian trade event ever held in the CIS region. Companies that attended attracted a positive response from both retailers and distributors, confirming the potential of the CIS market.

For more information, contact the Austrade Russia team.

Food and beverage sector

See detailed profile of Australia's capabilities in the Food and beverage sector.

Wine sector

See detailed profile of Australia's capabilities in the Wine sector.