be something that we each get to define and own for ourselves?" social commerce to rule the beauty industrys future. 
The beauty consumer is changing in how they define beauty and demanding an inclusive and authentic image. While projections for growth vary, most agree it will continue to advance at a 5%-to-7% compound-annual-growth-rate to reach or exceed $800 billion by 2025. According to some studies and statistics, it will most likely reach a value of $805.61 billion by 2023. statista It provides an over-the-horizon look at the consumer trends that will grow in importance over the next five years. The global hair care market will be worth $97.38 billion in 2022. Quick Commerce: No Longer An Easy Way To Make A Fast Buck? Social media is proving to be essential and not only for marketing purposes. Since people have become more aware of their health, future trends include home self-care and healthy products. The most important key figures provide you with a compact summary of the topic of "Cosmetics industry" and take you straight to the corresponding statistics. The cosmetics market is a growing industry in the US. 5. What is the biggest trend in the beauty industry? What is the future of the beauty industry? cosmetics industry country consumption value cosmetic europe countries statistic statistics export italy exports italian That is significantly less than the 53.1% typical for the market in general. One of the most significant changes in the beauty industry is personalized products. trojan zomato statista Data from a PowerReviews survey about beauty industry trends for 2022 reveal that people are now more likely to buy new beauty products. Currently, facial skincare products make up 51% of the South Korean beauty market. Also, the cosmetics industry frequently brings many innovations on the market (like organic, vegan, and cruelty-free products), which influences this industrys growth and size. Skincare market statistics show that the market is expected to grow at a 4.18% rate, especially as more and more younger consumers use such products. Moreover, it will grow at a CAGR of 5.9% during that period. This is because many brands are more inclusive and create gender-neutral products. When it comes to product features that attract beauty buyers to new brands, natural, clean and sustainable are what they are drawn to. Sales share of L'Oral's make-up cosmetic branch, Sales share of Procter & Gamble's beauty segment, Revenue of the Unilever Group's personal care segment, Sales of Este Lauder's skin care segment, Beauty brand with the most Facebook followers, Beauty brand with the most Instagram followers, Beauty and personal care e-commerce in the United States, countries with most big four beauty pageant titles, average cost of Chanel No 5 in selected countries, Cosmetics market in the United Kingdom (UK). This is true across all generations, but more so among the younger consumer bases. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. R. Alexandra Keith, CEO of Proctor & Gamble Beauty, said, If the entire industry switched to organic and natural materials, it would be a problem for the Earth and for food sources.. In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Cosmetics industry". trillion kearney retailtimes 27. The concern for the environment is ever more present in our society. For example, 70% of millennials watched an online tutorial last year, paving the way for social commerce to rule the beauty industrys future. All in all, beauty brands are expected to speed up their implementation of digital advertising. In 2020, they made a notable 2.8% step towards this goal. In fact, 68% of them think that the content they see on Instagram is trendy, which can leverage sales. Makeup statistics show that young women apply makeup several times per week, and only 10% never use makeup. Thus, it is no surprise that Este Lauder and LOreal both posted such strong results recently, with EL net sales up 9% and LOreal up 5.5% last year. In addition, if e-commerce beauty brands offer cheaper prices online, they stand a good chance to get hesitant customers to give the product a try (22%). In the UK, the average person will spend 4.14 on lip cosmetics. Other strategies, like free virtual application classes or virtual video consultations with a sales representative, are not likely to persuade potential customers to give a new product a try, at least not today. Spending Less, Lingering Less: The Shopper Shutdown Thats Crippling Aussie Retail, Rapid Evolution: Three Ways The Pandemic Will Revolutionize Retail, Under Starters Orders, Retailers Are Chomping At The Bit But Need Guidance On How Lockdown Will Be Lifted, U.S. currently is the worlds largest beauty market. 
According to the latest available stats, the global shampoo market was worth $35.1 billion (2020). Please do not hesitate to contact me. This Ipsos study shows the changing face of beauty and it is the natural beauty in each person, not some unrealistic, unachievable ideal. Fellow Forbes.com contributor Richard Kestenbaum reported that half the growth in beauty is coming from online. Furthermore, its projected to grow even bigger. Although its recovering, it will take years before this market has the same worth as in 2019. Currently, its worth $511 billion. pornhub pornografische nutzerverhalten statista South Koreas beauty market is estimated to be worth over $13 billion. Find the Best Fashion Discounts on the UK Market! Follow this author to improve your content experience. halal market cosmetics care report trend global type deodorants perfumes fragrances oral others skin hair Natural, clean and sustainable, while close, are not synonymous. However, the demand for makeup products can vary depending on global events. 
A noteworthy 86% of Gen Z and 80% of Millennials list sustainability as a significant shopping factor. Stats also reveal that LOral is the leading company for fragrance and cologne products. Manufacturing beauty products to meet one or all of these criteria natural, clean and sustainable is a particular challenge for the major brands due to their scale. That might be because cosmetic brands began creating beauty lines just for men. Natural products made of quality ingredients take over the beauty industry market. Revenue of the leading 10 beauty manufacturers worldwide 2021, Sales share of L'Oral's global cosmetic branch 2021, by business segment, Procter & Gamble's net sales worldwide 2011-2021, by segment, Revenue of the Unilever Group worldwide 2010-2021, by product segment, Net sales of Este Lauder worldwide 2010-2021, by product category, YouTube: most subscribed beauty content creators 2022, Facebook: number of followers of popular beauty brands 2021, Instagram: most-followed beauty brands 2022, Facebook: number of monthly active users worldwide 2008-2022, Smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q1 2022, Revenue of the cosmetics market worldwide, Make-up share of the cosmetic market worldwide, Forecasted market value of skin care worldwide, Revenue of the global cosmetics market 2013-2026, Luxury cosmetics market revenue worldwide 2012-2025, Growth rate of the global cosmetics market 2004-2021, Global color cosmetics contract manufacturers 2021, by country, Global personal care contract manufacturers 2022, by country, Global hair care contract manufacturers 2021, by country, Revenue of the global cosmetics market 2021, by segment, Revenue of the global skin care market 2013-2026, Revenue of the global hair care market 2013-2026, Revenue of the global fragrance care market 2013-2026, Luxury fragrance market revenue worldwide 2012-2025, Natural and organic cosmetics market revenue worldwide 2012-2025, Brand value of the leading personal care brands worldwide 2021, Brand value of the leading 10 cosmetic brands worldwide 2022, CAGR of the leading global cosmetic companies between 2018-2021, Este Lauder brand value from 2018 to 2021. cellulite, tooth gaps, scars, gray hair, wrinkles), not photo-shopped perfection (51%). Colgate followed with 465 million and Dove, with 305 million. On the contrary, 35% of women aged 60 or older use makeup products every day. Asia will most likely generate one-fourth of the global revenue, while Europe will generate 40%. China comes in third with 11.69 billion. Although 90% of beauty products are for women, men have become more interested in beauty and self-care. Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre, main product categories of the cosmetics market, L'Oral was the leading beauty manufacturer in the world, leading personal care brand worldwide, L'Oral Paris, most popular beauty content creator on the video platform YouTube. As the makeup industry recovers after the pandemic in 2021, its expected to keep growing by 2026. Whats more, they expect to see beauty in all its many shapes, sizes, and colors presented in positive and realistic ways. Rather, the people closest to the consumer have the most profound influence in an individuals beauty routine, especially friends (50%), mothers (49%) and sisters or other family members (41%). Black beauty industry statistics also show that Black consumers spend much more on hair care in general than Whites. As cosmetic industry stats from Fact.MRs report indicate, the beauty face mask market will grow at a CAGR of 8%. Currently, around 19,983 barbers work in the US. asks Oscar Yuan, president of Ipsos Strategy3. and over 1Mio. All important statistics are prepared by our experts available for direct download as PPT & PDF! Skincare is the most profitable segment in the global cosmetic industry. Each year, the beauty industry spends more on advertising. Apart from that, personalized cosmetics and male products have become more popular. The global hair care market was worth $12,603.9 million in 2021. Apart from that, they reveal how strongly cosmetic industry trends influence companies. New beauty brands continue to emerge, hoping to tap into this hugely successful industry. It has gained even more attention since the beginning of the pandemic, as consumers focused more on self-care. Are You Ready For The Coming Consumer Price Protests? Because of that, they have brand ambassadors and social media influencers who present products to their followers. Millennials today have a massive impact on the beauty industry market size, and they mostly look for products with natural ingredients, especially CBD oil. Both companies own a plethora of well-established and trusted beauty brands, ranging from mass to prestige. This theory is based on the idea that consumers would always find the means to purchase luxury goods regardless of the economic situation. market beauty growth industry skin care brands independent prestige seeing within sales npd skincare makeup segmentation source data Thats because Asian trends in the beauty industry are mostly based on having beautiful, glowing, and clear skin. While 34% of customers prefer organic products, 44% buy them occasionally, with their choices differing from product to product. Natural cosmetics industry statistics show that the market is expected to keep growing at a 7.51% annual rate between 2022 and 2026. worth 
Its around $638.6 billion, and its predicted to reach $758.4 by 2025. The presence of beauty brands on social media is essential. Moreover, the beauty industry typically makes between $4 and $5 billion per year. semiconductor forecast tetra 2026 analysis prosthesis terrestrial trunked cagr maximizemarketresearch substrate xx connectivity therapeutics powertrain PwC Cloud and Digital Transformation BrandVoice, How To Earn Cash Rewards For Everyday Spending. 
You may opt-out by. The global improvement in living conditions will drive the demand for the product in general. According to the latest ecommerce data, the rise has been evident in all industries. 49 and Estee Lauder No. Beauty brands spent 42.2% of their budgets on television advertising or 1.6 times more than brands in general. So, when in 2021, the restrictions relaxed a bit, customers started investing in their new and improved self-care routines. It is no surprise that brands want a strong social media presence. Here are my takeaways from the survey results focused on the perspectives of U.S. consumers: As much as we like to think that consumers are always looking to try new beauty products, the Ipsos survey finds most consumers are satisfied with the products they currently use and are available today. With its unique products and authenticity, its the leading personal care brand globally. The makeup industrys most significant annual growth rate was in 20185.5%. The products are gaining popularity due to shoppers increased concern with certain ingredients environmental and health effects. In closing, one of the more interesting questions included in the study was this: Have you ever thought someone was unattractive initially but changed your mind over time? That said, not all brands will benefit or grow as fast as the overall market. As more young people dye their hair, the global market is expected to keep growing.
The beauty consumer is changing in how they define beauty and demanding an inclusive and authentic image. While projections for growth vary, most agree it will continue to advance at a 5%-to-7% compound-annual-growth-rate to reach or exceed $800 billion by 2025. According to some studies and statistics, it will most likely reach a value of $805.61 billion by 2023. statista It provides an over-the-horizon look at the consumer trends that will grow in importance over the next five years. The global hair care market will be worth $97.38 billion in 2022. Quick Commerce: No Longer An Easy Way To Make A Fast Buck? Social media is proving to be essential and not only for marketing purposes. Since people have become more aware of their health, future trends include home self-care and healthy products. The most important key figures provide you with a compact summary of the topic of "Cosmetics industry" and take you straight to the corresponding statistics. The cosmetics market is a growing industry in the US. 5. What is the biggest trend in the beauty industry? What is the future of the beauty industry? cosmetics industry country consumption value cosmetic europe countries statistic statistics export italy exports italian That is significantly less than the 53.1% typical for the market in general. One of the most significant changes in the beauty industry is personalized products. trojan zomato statista Data from a PowerReviews survey about beauty industry trends for 2022 reveal that people are now more likely to buy new beauty products. Currently, facial skincare products make up 51% of the South Korean beauty market. Also, the cosmetics industry frequently brings many innovations on the market (like organic, vegan, and cruelty-free products), which influences this industrys growth and size. Skincare market statistics show that the market is expected to grow at a 4.18% rate, especially as more and more younger consumers use such products. Moreover, it will grow at a CAGR of 5.9% during that period. This is because many brands are more inclusive and create gender-neutral products. When it comes to product features that attract beauty buyers to new brands, natural, clean and sustainable are what they are drawn to. Sales share of L'Oral's make-up cosmetic branch, Sales share of Procter & Gamble's beauty segment, Revenue of the Unilever Group's personal care segment, Sales of Este Lauder's skin care segment, Beauty brand with the most Facebook followers, Beauty brand with the most Instagram followers, Beauty and personal care e-commerce in the United States, countries with most big four beauty pageant titles, average cost of Chanel No 5 in selected countries, Cosmetics market in the United Kingdom (UK). This is true across all generations, but more so among the younger consumer bases. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. R. Alexandra Keith, CEO of Proctor & Gamble Beauty, said, If the entire industry switched to organic and natural materials, it would be a problem for the Earth and for food sources.. In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Cosmetics industry". trillion kearney retailtimes 27. The concern for the environment is ever more present in our society. For example, 70% of millennials watched an online tutorial last year, paving the way for social commerce to rule the beauty industrys future. All in all, beauty brands are expected to speed up their implementation of digital advertising. In 2020, they made a notable 2.8% step towards this goal. In fact, 68% of them think that the content they see on Instagram is trendy, which can leverage sales. Makeup statistics show that young women apply makeup several times per week, and only 10% never use makeup. Thus, it is no surprise that Este Lauder and LOreal both posted such strong results recently, with EL net sales up 9% and LOreal up 5.5% last year. In addition, if e-commerce beauty brands offer cheaper prices online, they stand a good chance to get hesitant customers to give the product a try (22%). In the UK, the average person will spend 4.14 on lip cosmetics. Other strategies, like free virtual application classes or virtual video consultations with a sales representative, are not likely to persuade potential customers to give a new product a try, at least not today. Spending Less, Lingering Less: The Shopper Shutdown Thats Crippling Aussie Retail, Rapid Evolution: Three Ways The Pandemic Will Revolutionize Retail, Under Starters Orders, Retailers Are Chomping At The Bit But Need Guidance On How Lockdown Will Be Lifted, U.S. currently is the worlds largest beauty market. 
According to the latest available stats, the global shampoo market was worth $35.1 billion (2020). Please do not hesitate to contact me. This Ipsos study shows the changing face of beauty and it is the natural beauty in each person, not some unrealistic, unachievable ideal. Fellow Forbes.com contributor Richard Kestenbaum reported that half the growth in beauty is coming from online. Furthermore, its projected to grow even bigger. Although its recovering, it will take years before this market has the same worth as in 2019. Currently, its worth $511 billion. pornhub pornografische nutzerverhalten statista South Koreas beauty market is estimated to be worth over $13 billion. Find the Best Fashion Discounts on the UK Market! Follow this author to improve your content experience. halal market cosmetics care report trend global type deodorants perfumes fragrances oral others skin hair Natural, clean and sustainable, while close, are not synonymous. However, the demand for makeup products can vary depending on global events. 
A noteworthy 86% of Gen Z and 80% of Millennials list sustainability as a significant shopping factor. Stats also reveal that LOral is the leading company for fragrance and cologne products. Manufacturing beauty products to meet one or all of these criteria natural, clean and sustainable is a particular challenge for the major brands due to their scale. That might be because cosmetic brands began creating beauty lines just for men. Natural products made of quality ingredients take over the beauty industry market. Revenue of the leading 10 beauty manufacturers worldwide 2021, Sales share of L'Oral's global cosmetic branch 2021, by business segment, Procter & Gamble's net sales worldwide 2011-2021, by segment, Revenue of the Unilever Group worldwide 2010-2021, by product segment, Net sales of Este Lauder worldwide 2010-2021, by product category, YouTube: most subscribed beauty content creators 2022, Facebook: number of followers of popular beauty brands 2021, Instagram: most-followed beauty brands 2022, Facebook: number of monthly active users worldwide 2008-2022, Smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q1 2022, Revenue of the cosmetics market worldwide, Make-up share of the cosmetic market worldwide, Forecasted market value of skin care worldwide, Revenue of the global cosmetics market 2013-2026, Luxury cosmetics market revenue worldwide 2012-2025, Growth rate of the global cosmetics market 2004-2021, Global color cosmetics contract manufacturers 2021, by country, Global personal care contract manufacturers 2022, by country, Global hair care contract manufacturers 2021, by country, Revenue of the global cosmetics market 2021, by segment, Revenue of the global skin care market 2013-2026, Revenue of the global hair care market 2013-2026, Revenue of the global fragrance care market 2013-2026, Luxury fragrance market revenue worldwide 2012-2025, Natural and organic cosmetics market revenue worldwide 2012-2025, Brand value of the leading personal care brands worldwide 2021, Brand value of the leading 10 cosmetic brands worldwide 2022, CAGR of the leading global cosmetic companies between 2018-2021, Este Lauder brand value from 2018 to 2021. cellulite, tooth gaps, scars, gray hair, wrinkles), not photo-shopped perfection (51%). Colgate followed with 465 million and Dove, with 305 million. On the contrary, 35% of women aged 60 or older use makeup products every day. Asia will most likely generate one-fourth of the global revenue, while Europe will generate 40%. China comes in third with 11.69 billion. Although 90% of beauty products are for women, men have become more interested in beauty and self-care. Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre, main product categories of the cosmetics market, L'Oral was the leading beauty manufacturer in the world, leading personal care brand worldwide, L'Oral Paris, most popular beauty content creator on the video platform YouTube. As the makeup industry recovers after the pandemic in 2021, its expected to keep growing by 2026. Whats more, they expect to see beauty in all its many shapes, sizes, and colors presented in positive and realistic ways. Rather, the people closest to the consumer have the most profound influence in an individuals beauty routine, especially friends (50%), mothers (49%) and sisters or other family members (41%). Black beauty industry statistics also show that Black consumers spend much more on hair care in general than Whites. As cosmetic industry stats from Fact.MRs report indicate, the beauty face mask market will grow at a CAGR of 8%. Currently, around 19,983 barbers work in the US. asks Oscar Yuan, president of Ipsos Strategy3. and over 1Mio. All important statistics are prepared by our experts available for direct download as PPT & PDF! Skincare is the most profitable segment in the global cosmetic industry. Each year, the beauty industry spends more on advertising. Apart from that, personalized cosmetics and male products have become more popular. The global hair care market was worth $12,603.9 million in 2021. Apart from that, they reveal how strongly cosmetic industry trends influence companies. New beauty brands continue to emerge, hoping to tap into this hugely successful industry. It has gained even more attention since the beginning of the pandemic, as consumers focused more on self-care. Are You Ready For The Coming Consumer Price Protests? Because of that, they have brand ambassadors and social media influencers who present products to their followers. Millennials today have a massive impact on the beauty industry market size, and they mostly look for products with natural ingredients, especially CBD oil. Both companies own a plethora of well-established and trusted beauty brands, ranging from mass to prestige. This theory is based on the idea that consumers would always find the means to purchase luxury goods regardless of the economic situation. market beauty growth industry skin care brands independent prestige seeing within sales npd skincare makeup segmentation source data Thats because Asian trends in the beauty industry are mostly based on having beautiful, glowing, and clear skin. While 34% of customers prefer organic products, 44% buy them occasionally, with their choices differing from product to product. Natural cosmetics industry statistics show that the market is expected to keep growing at a 7.51% annual rate between 2022 and 2026. worth 
Its around $638.6 billion, and its predicted to reach $758.4 by 2025. The presence of beauty brands on social media is essential. Moreover, the beauty industry typically makes between $4 and $5 billion per year. semiconductor forecast tetra 2026 analysis prosthesis terrestrial trunked cagr maximizemarketresearch substrate xx connectivity therapeutics powertrain PwC Cloud and Digital Transformation BrandVoice, How To Earn Cash Rewards For Everyday Spending. 
You may opt-out by. The global improvement in living conditions will drive the demand for the product in general. According to the latest ecommerce data, the rise has been evident in all industries. 49 and Estee Lauder No. Beauty brands spent 42.2% of their budgets on television advertising or 1.6 times more than brands in general. So, when in 2021, the restrictions relaxed a bit, customers started investing in their new and improved self-care routines. It is no surprise that brands want a strong social media presence. Here are my takeaways from the survey results focused on the perspectives of U.S. consumers: As much as we like to think that consumers are always looking to try new beauty products, the Ipsos survey finds most consumers are satisfied with the products they currently use and are available today. With its unique products and authenticity, its the leading personal care brand globally. The makeup industrys most significant annual growth rate was in 20185.5%. The products are gaining popularity due to shoppers increased concern with certain ingredients environmental and health effects. In closing, one of the more interesting questions included in the study was this: Have you ever thought someone was unattractive initially but changed your mind over time? That said, not all brands will benefit or grow as fast as the overall market. As more young people dye their hair, the global market is expected to keep growing.