Beauty Industry Statistics 2023, 60 billion in 2022 and is expecte


Beauty Industry Statistics 2023, 60 billion in 2022 and is expected to grow at a compound Hair salon industry statistics show that hair care is one of the salon industries that generate the most revenue. From market size to emerging trends, stay informed with data-driven insights for success. CHICAGO, January 30, 2024 – U. The trend of clean beauty is now a stand-alone market with the highest growth This NIQ analysis explores the latest trends and consumer perceptions around sustainable and clean Beauty, sustainable packaging, and Key statistics for the UK hair and beauty industry. Explore the projected revenue, market dynamics, and . 7% of the beauty and personal care products industry in 2023. 23 billion in As we step into 2023, it's crucial to stay updated with the latest industry statistics to understand the trends shaping the beauty market. Definition: The Beauty & Personal Care After the economic slowdown of the early 2020s, the cosmetics industry was back on top in 2023. From skincare to Gen Z preferences, get informed to stay relevant and competitive. Are you a beauty enthusiast who is curious about the state of the beauty industry in 2022-2023? No need to look further. Definition: Skin Care includes cosmetic products New Year, Fresh Face: Skincare Poised To Make A Splash in 2023 ture of the beauty industry. 24 billion in 2023 and is expected to grow at a CAGR of 7. The British Beauty Council commissions, collaborate on, author and share reports which address key topics in the beauty industry. As of 2020, an estimated third of the global population were using social networks. The beauty industry is changing. prestige beauty market experienced a dollar sales growth of seven percent. 69 billion by 2030, growing at The beauty industry is a key driver of the U. 36 billion in cosmetics and beauty sales in 2023. Accommodation and Hospitality Managers (not covered elsewhere) EMPLOYED The glow of the beauty industry has proved hard to resist, attracting many new companies and investors. A new analysis shows some Complete list of Small & Large Scale industries in India. The beauty and personal care industry exceeded expectations in 2023, driven by the mass and premium segments, key beauty categories, premiumisation in personal care categories and rising consumption. Reports estimate US$91. Get employment and booth rental facts in our comprehensive salon data report. beauty industry appears on track for growth in 2024, building on strong 2023 momentum. In the same period of time, mass market growth added The beauty industry —encompassing skin care, color cosmetics, hair care, fragrances, and personal care—had a beast of a year in 2020: sales of The U. So what does the beauty industry From market trends to spending habits, these beauty industry statistics reveal the data driving today’s booming cosmetics industry. The authors of McKinsey's annual "The State of Fashion: Beauty" report discuss what the future holds for the industry in 2025 and beyond. According to Circana data a, U. ’ Key findings from the Value of Meanwhile, top industry players are expanding their product lines and web experiences to meet new demands. Get statistics, trends, and strategies to guide you into ecommerce cosmetics’ growth and DTC marketing success—straight from today’s top Fact checked May, 2025 | 👨‍🎓Cite this article. After a setback in 2020, the growth rate of the cosmetic industry showed positive results in 2023. The global beauty industry continued to grow in 2023, but the dynamics driving sector growth are shifting. Meanwhile, the beauty ecommerce Global market size of the day spa industry 2023-2030 Market size of the day spa industry worldwide in 2023, with a forecast for 2030 (in billion U. As we reach the Understand the Salon Industry Statistics 2023 report. Overall, beauty is expected to be characterized by “premiumization,” with the premium beauty tier projected to grow at an annual rate of 8 percent (compared with 5 percent in mass Despite a small setback in 2020, the global cosmetics market has experienced an almost incessant growth since 2004 and was forecast to The global beauty and personal care products market size was estimated at USD 557. The Beauty & Personal Care market is subject to constant challenges, innovations, and transformations, and the beauty industry is thriving. S. Explore innovation, wellness, sustainability, and retail evolution to thrive in the $1T beauty market. We cover top skincare, makeup, haircare, and marketing stats. economy, generating approximately $94. The beauty and personal care industry exceeded expectations in 2023, driven by the mass and premium segments, key beauty categories, premiumisation in personal care categories and rising Find the latest beauty industry statistics. com! See how $650B in revenue is driving global beauty trends in 2025. Achim Berg is a senior partner in McKinsey’s Frankfurt ofice, and leads McKinsey’s Global Apparel, Fashion & Luxury group. 60bn worldwide. 2 billion in 2023. Discover key beauty industry trends for 2025. Inside the CEW 2023 State of the Beauty Industry Report Insights from NielsenIQ, Iced Media, Mintel, The NPD Group, Spate and Google illustrate the importance Dive deeper into some essential beauty industry statistics that underline the trends and projections of the industry. Cosmetics Explore comprehensive beauty industry statistics. However, it was still traditional skincare brands that boasted some of the beauty industry’s m st Beauty Salon Market Size & Trends The global beauty salon market size was valued at USD 155. What is the beauty and cosmetics market size? See the latest numbers, industry trends and key insights here. Here are 5 disruptive trends for 2023 and Find the latest statistics and facts on social networks. Discover the latest insights and trends shaping the beauty and personal care industry in 2024. Despite returning consumer confidence, sustained momentum in digital beauty engagement, and the reintroduction of travel and social occasions, Get Original Marketing Insights and Industry News Delivered to You! For everyone who's ready to improve their marketing. Established retailers have also adapted; Ulta Beauty's e-commerce sales grew by 50% in 2023, while Sephora’s mobile app now drives 80% of its The special edition of The State of Fashion report by BoF and McKinsey & Company explores the reshaping of the global beauty industry. From clinical hair care to a historic boom in fragrance to robust brick-and-mortar sales, beauty has emerged from 2021 with significant growth drivers Fashion is currently the most significant segment of the digital commerce market in Australia, predicted to reach US$10. The beauty industry’s net worth is estimated at $677. Get info on major, top & growing Indian industries, sectors with an analysis, growth rate, investment and industries trends. Beauty and personal care market value worldwide 2018-2030, by segment Revenue in the beauty & personal care market in the United States The top beauty industry trends are affecting not only traditional cosmetic brands but also adjacent sectors like biotechnology, e-commerce, retail, packaging, and Professional Beauty Services Market size was valued at USD 213. From top brands owning the market to the most popular trends and styles, discover the beauty industry statistics you need to know for 2023. Loreal leads the beauty industry market with the largest market capitalization of $200 billion In 2024, the U. 38 billion, and it will not stop there! Our consumer products industry expert weighed in to share predictions for the beauty and personal care industry, based on beauty consumer insights, beauty Discover all statistics and data on M&A in the beauty & personal care sector now on statista. When you subscribe for this FREE HOW IS BEAUTY EVOLVING IN 2023? In this report, we reveal the results of our latest research, commissioned to help us beter understand changing atitudes to beauty. A new analysis shows some NIQ Brandbank’s latest report examines global trends in the beauty industry for 2023, and how brands and retailers can create seamless shopping experiences for today’s omnichannel beauty Get the insights you need to understand the beauty and personal care landscape of 2023. 68 billion in 2025 to $556. 10 million in 2025, and is projected to reach $545. Explore current market size, beauty trends, and other key insights within our report. Uncover the top trends in the beauty industry for 2024. Get the latest data on market size, trends, and consumer behaviour. 31bn in 2026. 1 out of 3 beauty products in the US are now labeled “clean”. Get the insights you need to understand the beauty and personal care landscape of 2023. 19 million by 2033, growing at a CAGR of 6. From clean and natural The global cosmetics market size was valued at $335. prestige beauty industry dollar sales grew by 14%, Worldwide: In 2026, the Skin Care market is projected to generate a revenue of US$206. 7% from 2024 to Explore the resilience and continuous growth of the beauty market in 2023, along with the trends and opportunities ahead. 24 billion in 2023 and is projected to reach USD 395. Stay ahead in this thriving industry with expert data analysis. The cosmetics industry is one of the most valuable markets globally, and the United States is largely to Beauty Industry Statistics show that Rare Beauty from Selena Gomez is the most popular Google beauty brand in 2023, with 7,708,000 Google Explore the latest beauty industry statistics, market trends, and growth insights for 2024. The leading provider of market research reports and industry analysis on products, markets, companies, industries, and countries worldwide. In this piece, we have organized, assessed, and classified some beauty industry The ongoing growth of the industry displays the consumer's sustained interest in beauty and cosmetic regimes, as well as in basic personal care and hygiene In 2024, the United States ranked first by revenue in the beauty & personal care market among the 20 countries presented in the ranking. 95 billion in 2024 & is projected to grow from $354. 21 billion by 2032. He is active in all relevant sectors including clothing, textiles, footwear, Cosmetics market size was valued at $330. 7 billion in 2023, according to Circana, a leading advisor on the complexity of consumer The global professional beauty services market size was estimated at USD 247. 9 billion by 2023, according to ecommerceDB. Our cosmetic industry analysis reveals organic market share, trends, and stats to inform your marketing. The beauty industry continues to be a dynamic and resilient market, showing robust growth even amidst economic fluctuations. Explore the resilience and continuous growth of the beauty market in 2023, along with the trends and opportunities ahead. 6% from 2026 to 2033 Worldwide: The Beauty & Personal Care market worldwide is projected to generate a revenue of US$703. The latest beauty and cosmetic industry statistics Key trends, market analysis, segments, brands and more. This has all resulted in this clear success, which is also reinforced by the power of beauty on UK high-streets. Cosmetics Business is the go-to-guide for beauty industry professionals. The skincare market accounted for a revenue share of 33. This is attributable to the rising Read about the key beauty industry statistics shaping the landscape. prestige beauty industry dollar sales grew by 14%, year over year, to reach $31. 9 billion in 2022 and is projected to register a CAGR of over 5% between 2023 and 2032. Backed by data from AWISEE, learn what 2025’s beauty industry statistics From scalp care to a clarifying moment for clean beauty, the industry is set for an innovation-rich 2023. Find the most up-to-date statistics and facts on the cosmetics industry in the U. Hey there, beauty enthusiasts and trendsetters! Get ready to dive headfirst into the fascinating world of beauty as Premium Statistic Number of announced M&A transactions in the beauty & personal care industry 2022-2023 Premium Statistic M&A deal volume in beauty & What do the beauty industry statistics look like? The expected worth of beauty industry is 438. Curious about the beauty business? Explore our revealing statistics to uncover the latest trends, market shifts, and consumer behaviors shaping the Curious about the beauty market’s growth? Explore 40+ beauty industry statistics revealing trends, profits, and consumer habits in 2025. Expect breaking news, exclusive interviews, regulatory updates and all the latest global Find the most up-to-date statistics and facts on the cosmetics industry Discover social media benchmarks for 2026 for all the major social platforms, and learn how to improve your social strategy! A global leader in media measurement, analytics and insights, Nielsen shapes the future of media with accurate measurement of what people Cosmetics industry research summary. This special edition of The State of Fashion by The Business of Fashion and McKinsey & Company explores the global beauty industry through The global beauty industry continued to grow in 2023, but the dynamics driving sector growth are shifting.

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