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Jun 11, 2024 · The revenue of the Canadian cosmetics and beauty product manufacturing industry was $3.5 billion in 2022, as the market size increased by 3.7%. The average growth of the manufacturing industry has been approximately 1% per year between 2017 and 2022. In 2022, the industry ranked 64th among Canadian manufacturing industries in terms of market size.
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 ...
May 22, 2023 · Beauty is now an industry that many people, from top-tier financiers to A-list celebrities, want to be a part of—and with good reason. 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).
- 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...
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 13, 2024 · 6. In 2021, the average revenue for beauty and personal care per capita was $252.55. (Statista) Moreover, due to the pandemic, many Canadians shopped online for their beauty products. In fact, 26.7% of Canada’s total personal care and beauty market revenue came from online sales in 2021. 7.
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Jul 10, 2024 · Basic Statistic Average yearly spend on beauty products in the U.S. 2023, by generation Premium Statistic Most purchased beauty products among U.S. consumers 2023, by type
