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Revenue of the cosmetics market in the United States 2023, by segment. Revenue of the cosmetics market in the United States in 2023, by segment (in million U.S. dollars) Cosmetics market value ...
- Cosmetics in Canada
Leading market segments Among the cosmetic products sold in...
- Cosmetics Market in Italy
Largest armies in the world by active military personnel...
- Cosmetics in Canada
May 22, 2023 · Following a solid recovery since the height of the COVID-19 pandemic, the beauty market is expected to reach approximately $580 billion by 2027, growing by a projected 6 percent a year (Exhibit 1). This is in line with or slightly higher than other consumer segments such as apparel, footwear, eyewear, pet care, and food and beverages.
- Top Beauty Industry Statistics
- Skincare Products Statistics
- Beauty Marketing and Social Media Statistics
- Beauty Ecommerce and Technology Statistics
- Clean, Natural, and Organic Beauty Product Statistics
- Haircare Industry Statistics
- Wrap Up
Overall, the future looks bright for the beauty industry. Here are a few eye-opening statistics to get you started: 1. The beauty industry generates over $100 billion in revenue worldwide. 2. The men's personal care market is projected to hit $276.9 billion by 2030. 3. Skincare is projected to generate up to $177 billion by 2025. 4. Beauty companie...
Skincare represents a significant portion of the overall beauty market. Data indicates that the use of cleansers and other skincare products is on the rise:
Beauty, cosmetics, and personal care influencers have some of the largest followings on social media. Brands can leverage these influencers’ reach, but they must be thoughtful in doing so:
The need to sample and try on beauty products makes generating online sales a challenge. But companies are finding new and exciting ways to give shoppers that “in-store” experience online:
Concerns over harmful chemicals, environmental responsibility, and animal cruelty have all shaped consumer habits in the beauty industry:
Haircare has always been a stable segment of the beauty industry, but recent trends in hair coloring point to even more growth potential:
The future looks bright for the beauty industry. Online experience innovations, new clean and organic product lines, and a willingness among consumers to buy premium products indicate growth opportunities across all categories. Social media’s influence on the beauty industry and the shift from in-store to online shopping points to a potential explo...
Cosmetics Market Size & Trends. The global cosmetics market size was estimated at USD 295.95 billion in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2030. One of the primary factors driving market expansion is the increasing awareness among consumers to enhance their personal appearance. Among millennials, products related to ...
Sep 11, 2024 · The beauty market’s 10 percent growth in 2023 exceeded industry forecasts across nearly all regions (Exhibit 1). 1. The Asia–Pacific region, excluding China and Australia, remained the largest region by retail sales in 2023, growing at a 10 percent rate over the previous year. India, which also grew at a 10 percent rate year over year, was ...
Feb 14, 2023 · The global vegan cosmetics market has approached $16 billion in 2022. Longtime environmental activists like PETA now have shopping guides for cruelty-free beauty and body products. “The era of ...
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Sep 30, 2024 · The global cosmetics market size was valued at USD 374.18 billion in 2023 and is projected to grow from USD 393.75 billion in 2024 to USD 758.05 billion by 2032, exhibiting a CAGR of 9.8% during the forecast period. The United States cosmetics market is projected to grow significantly, reaching an estimated value of US$ 417.24 Billion by 2030.