The beauty industry has always been at the forefront of e-commerce innovation and reinvention. The beauty sector had sluggish sales in 2020 as a result of the unexpected lockdown and shutdown of . The Automotive Beauty Market report provides analysis of market size of Automotive Beauty industry and its CAGR and forecasts till 2029. report will give the user confidence to make the correct . 4. Kylie Cosmetics is the most followed cosmetic brand on Instagram with over 25.5 million followers. Women in the US spend around $3,756 on their appearance annually. There are profiles of 90 companies including multinationals such as Unilever, Johnson & Johnson and Reckitt Benckiser, large retailers of cosmetics including Clicks, Dis-Chem Pick n Pay, Shoprite. The market research report includes: Historical data and analysis for the key drivers of this industry. Expert industry market research to help you make better business decisions, faster. Key Insights The global Health & Beauty market was valued at USD 725.61 Billion in 2020 and is projected to reach USD 1263.61 Billion by 2028, growing at a CAGR of 7.18% from 2021 to 2028. Skincare is the second-largest branch of the beauty industry, with more than 23% of its revenue. The global cosmetics market size was valued at $380.2 billion in 2019, and is projected to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027. Snail Beauty Products market provides Size Estimates, product manufacturing process, sales growth opportunities, global trend summary and price. Looking ahead, market research analysts have identified five influential trends that are expected to reshape the beauty market. It was expected to have reached . Beauty and Cosmetics. When it comes to the industry's future, stats show the beauty industry's worth is expected to grow by 3.76% per year between 2022 and 2026. Global Health and Beauty market size will increase to Million US$ by 2027, from Million US$ in 2021, at a CAGR of during the forecast period. . The India beauty and personal care market attained a value of INR 54,558 Crore in 2020, driven by the increased expenditure on personal care products. A Different Perception of Premium. The market study has also analyzed the impact of COVID-19 on the beauty & personal care industry. These insights are included in the report as a major market contributor. The US cosmetic market is worth a staggering $62.46 billion. SiO is in a subsector of the burgeoning mask market and its product is primarily under $2 to use per . Owing to the rapid urbanization, UAE cosmetics market is size to reach USD 4.1 billion, at a CAGR of 5.3% by forecast 2017-2025 . According to a study, it was worth $532.43 billion in 2017 and is expected to reach a market value of $805.61 billion by 2023. Development and launch of various innovative laser hair removal devices support growth of the market. The global clean beauty market is expected to grow at significant growth rate due to number of driving factors. (Statista) This means that the average person will spend 51.98 on cosmetics and personal care this year. Final Report will add the analysis of the impact of COVID-19 on this industry. Market Overview: The global cosmetics market reached a value of US$ 357.5 Billion in 2021. The 2022 global beauty industry market size is 395.7 billion. The report provides a basic overview of Beauty Instrument industry including: definition, applications and manufacturing technology. The global beauty industry market is valued at $511 billion in 2021. The global K-beauty market will grow by an impressive 11.3% from 2019 to 2026. And of course, much more. Salons were among . In 2018, the global mineral cosmetics market size was $2.9 billion and was predicted to double by 2025. So in today's environment of rising per capita incomes the beauty business is booming. US Beauty Industry Segments: Market Share by Revenue: Hair care: 24%: Skin care: 23.7%: Cosmetics: 14.6%: Perfumes and colognes: 9. . The NHBF reported that 60% of people working in hairdressing and barbering in 2020 were self-employed (up from 54% in 2019). The world of beauty in 2020. The UK organic beauty industry has recorded 10 years of sales growth, with sales in 2020 standing at 120 million. Global make-up market size 2012-2025 Published by Statista Research Department , Jul 27, 2022 This statistic depicts the estimated size of the global make-up market from 2012 to 2024. Overall, the African beauty and personal care market was estimated at 6.93 billion in 2012 and it currently increases between 8% and 10% per year against a global market growth rate of close to 4%. Asia and Oceania held a combined 39% of the total cosmetic market back in 2018. First-quarter sales have been weak, and there have been widespread store closures. Industry market research reports, statistics, analysis, data, trends and forecasts. In response to the global COVID-19 pandemic, shelter-in-place orders and physical distancing measures have affected many businesses; here is a look at the impact to the Beauty Salon industry (which includes beauty salons, hair salons, nail salons and related personal care service businesses). Skincare products include creams, lotions, and powders, which improve . 2. The average hourly salary for hairdressers in the UK is 8.35, according to payscale (13k - 23k annually, depending on experience). The global halal cosmetics market size was valued at $16.32 billion in 2015 and is expected to grow rapidly over the next few years . Today the global beauty industry is a $532 billion business. A five-year forecast of the market and noted trends. The beauty industry has seen explosive growth, especially among young, independent brands. Beauty and personal care market size South Korea 2010-2018; Revenue of shaving products sales in the Netherlands 2012-2020; Cosmetics and beauty industry market size North America accounts for 24% of the worldwide cosmetics market. The global beauty and personal care products market size was valued at USD 482.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.7% from 2022 to 2030. (Mozo, Beauty Packaging) A lot of cash flows into Australia's beauty market. Global Beauty Instrument market size was ** billion USD in 2021, and will expand at a CAGR of **% from 2022 to 2026, according to the report. Estimations show that beauty and personal care products' US market value was over $93 billion. The U.S. beauty and personal care products market size was $81.1 billion in 2019, which is expected to witness a CAGR of 4.8% during the forecast period (2020-2030), to reach $128.7 billion in 2030. . In 2021, beauty and personal care categories increased sales 16% overall compared to the previous year. 12 The total e-commerce market for Singapore is expected to grow to $3.7 billion by 2024. Since the industrialization of the beauty industry in the early 20th century, according to Statista, the production and sale of cosmetics has been controlled by a mere handful of corporations, led by L'Oreal. The industry has responded positively to the crisis, with brands switching their manufacturing to produce hand sanitizers and cleaning agents and offering free . The U.S. currently is the world's largest beauty market, with about 20% share, followed by China (13%) and Japan (8%). Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020-2026 Report Summary; In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. . Historically, the lion's share of beauty products have been purchased in brick-and-mortar stores, but that's changing rapidly, with online sales projected to make up 48% of the total by 2023. Among all Southeast Asian countries, the Singapore shopper registered the highest basket size at $67.40. In terms of market segments, personal care is the largest with $3.2 billion, followed by skin care ($2.1 billion), cosmetics ($1.7 billion) and fragrances ($0.4 billion). The number of hair salons in 2019 was 16,559, a 21% increase over five years (NHBF). The sudden rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over. The market is projected to grow from USD 100.13 billion in 2021 to USD 145.82 billion in 2028 at a CAGR of 5.52% in the 2021-2028 period. A major issue faced by the manufacturers during the COVID-19 situation was the disrupted supply chains, especially for cosmetics, for during the lockdown, countries closed . 22. London, Oct. 05, 2021 (GLOBE NEWSWIRE) -- The global cosmetics market size was valued at US$ 341.1 billion in 2020 and is expected to be worth US$ 480.4 billion by 2030 with a compound annual. Key trends are clearly and succinctly summarised alongside the most current research data available. 2016-2020 2020 1263.61 Billion 725.61 Billion 7.18% Definition And Overview 1 The global cosmetics market was valued at $380.2 billion in 2019. An assessment of the competitive landscape and market shares for major companies. It provides in-depth analysis and insights on market size and growth, opportunities, key skin care concerns, technologies, and the competitive landscape. We also offer analytic solutions such as new product forecasting, segmentation, price and promotion evaluation, market forecasting, and more. The increase in hair fall rates across the world and the popularity of personal grooming and beauty products are the major factors likely to influence . In 2024, the. In 2020, Lumenis Ltd. launched a platform Lightseer Quattro that offers clinically proven hair removal treatments using laser technology. Cosmetic Industry Statistics- Market Share Goldstein Research forecast cosmetic industry worth to be USD 640.0 billion, expected to be growing at a CAGR of 3.90% during the forecast period. Download Terakeet's Beauty Industry Search Market Report An Analysis of Who's Winning (and Who's Not) in the Organic Search Landscape Analyst Review Pricing Details COVID-19 Pandemic disrupted the entire world and affected many industries. Read More April 2022 In this study, 2021 has been considered as the base year and 2022 to 2027 as the forecast period to estimate the market size . The results are in: the beauty and personal care industry is not only recovering from pandemic-related instability - it's thriving. The Beauty and Personal Care in Australia report includes: Analysis of key supply-side and demand trends Detailed segmentation of international and local products Historic volume and value sizes, company and brand market shares Five year forecasts of market trends and market growth Robust and transparent research methodology, conducted in-country The global beauty industry (comprising skin care, color cosmetics, hair care, fragrances, and personal care) has been shocked by the COVID-19 crisis. Almost every business has been touched by the COVID-19 pandemic, including the beauty and personal care industry. This market report covers company overview, product . Actually, the beauty industry's size should go up by 3.10% between 2022 and 2026. The US beauty and personal care products market is projected to register a CAGR of 5.12% during the forecast period, 2022-2027. 8. Industry & Market Reports. One of the primary factors driving market expansion is the rising consciousness of consumers about. The Korean beauty market is in the top 10 globally, with an estimated worth of over $13 billion in 2017. In comparison, only 10% of haircare launches across the globe carried a vegan claim. And $784.6B by 2027. The beauty and personal care market will hit a jaw-dropping market size of $716.6 billion by 2025. Mintel's market research reports provide a comprehensive overview of the beauty, cosmetics and toiletries industries, including information on the beauty, cosmetics and toiletries market size in your country, market share for leading companies and an overview of the latest trends, innovation and beauty, cosmetics and toiletries statistics. Conversion rate is 10% higher than the region's average and beauty is the top eCommerce category. Beauty industry stats show that 70% of men use sunscreen or sun protection. The global beauty and personal care products market size was valued at USD 482.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.7% from 2022 to 2030. According to our (LP Information) latest study, the global Luxury Beauty Product market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. In spite of an unprecedented crisis of supply in 2020, the global cosmetics market is a dynamic market which saw a significant recovery in the second half, driven by strong consumer demand. Global Clean beauty market in terms of revenue was estimated to be USD 5439.6 Million in 2020 and is expected to reach USD 11558.5 Million in 2027, Growing at a CAGR of 12.07% from 2020 to 2027.. The global beauty industry is a growing, billion-dollar market. The total U.S. industry market size for Beauty Salons: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. From clean beauty products to hyper . In Australia, the beauty market had an estimated revenue of $7,756 million in 2021. . The global organic beauty product market is projected to reach over $22 billion by 2024. Detailed research and segmentation for the main products and markets. Based on our analysis, the global market exhibited lower growth of -10.57% in 2020 compared to the average year-on-year growth during 2017-2019. To know more about this report, request a free sample copy 1. The global beauty & personal care market was valued at $484.60 billion in 2021, and is expected to reach $707.96 billion by 2030, growing at a CAGR of 3.15% during the forecast period. The beauty industry is known to be resistant to economic downturns - even faring well during the Great Recession of 2008. . For example, Australians . One beauty publication increased their market share more than 18x from 2019 - 2021 in the hair styling sector. The outlook for 2022 appears less certain, as consumers navigate the ongoing impacts of inflation, climate change, and COVID-19. At least 96% of beauty brands have a social media account. Looking forward, IMARC Group expects the market to reach US$ 508.3 Billion by 2027, exhibiting at a CAGR of 5.95% during 2022-2027. Number one expense is facials, followed by haircut, makeup, manicure, and pedicure. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the . The kindling? IBISWorld's statistic shows that as of 2022 the market size of the Cosmetic & Beauty Products Manufacturing industry is $47.7bn an increase of 1.38% from 2021. INDUSTRY INSIGHTS. 8 There are 3,738 beauty and cosmetics product manufacturing businesses in the United States in 2021. Clean Beauty Market is valued at USD 5439.6 Million in 2020 and is expected to reach USD 11558.5 Million in 2027, growing at a CAGR of 12.07% from 2020 to 2027. The reports is a comprehensive analysis of the global at-home beauty devices market focusing on key markets, such as China, Japan, South Korea, Europe, and the United States. (Mintel) In South Korea, facial skincare products account for 51% of the total market share and are predicted to reach $7.2 billion . The long-term potential is driven, most notably, by the rise of the middle and upper income classes, as well as by the growing . (Byrdie) This translates to around $225,360 through their entire lifetime. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. Industry and market insights and forecasts . . The report explores Global and Chinese major players in market. The beauty industry encompassing skin care, color cosmetics, hair care, fragrances, and personal carehad a beast of a year in 2020: sales of color cosmetics fell by 33 percent globally, while overall retail sales in the beauty category declined by 15 percent. In . In the United States alone, the beauty services sector employs over 670,000 people, and its job growth outlook is "faster than average" according to BLS data at a rate of 13% (2016-2026). We monitor beauty industry trends across the globe, from the big picture down to the category, geographic region, and store levels, based on best-in-class point-of-sale (POS) and consumer data. Revenues are projected to reach $7.5 billion in 2021 and grow at a 6.5% compound annual growth rate through 2025, according to Statista.com. The beauty and personal care products market was valued at USD 434.85 billion in 2020, and it is projected to register a CAGR of 4.35% during the forecast period, 2021-2026. Understand the latest market trends and future growth opportunities for the Beauty and Personal Care industry in Nigeria with research from Euromonitor International's team of in-country analysts - experts by industry and geographic specialisation. Aided by the increasing penetration of a wide range of brands, and the growing popularity of herbal products, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 11%. Press release - IMARC Group - Beauty and Personal Care Products Market Value, Top Brands Share, Size, Industry Revenue, Demands and Analysis Report 2022-2027 - published on openPR.com Beauty Salon COVID-19 Resources. Up from $483B in 2020 to $511B in 2021 and with an annual compounded growth rate of 4.75% worldwide it's predicted to exceed $716B by 2025. While projections. UAE cosmetics market is segmented by product type (skin & hair care, makeup), by end users (premium consumers, mass-market), by demography (men & women cosmetics). The overall beauty devices market is dominated by the hair removal device segment. The Asia-Pacific and North America regions account for more than 60% of the global cosmetics market. The India beauty and personal care market is expected to exhibit a CAGR of 6.5% during 2022-2027. The market is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028 at a CAGR of 5.0% during the 2021-2028 period. 62% of the top 22 market share holders in the Skincare Market are publishers or informational websites. Aussies spend roughly $22 billion on beauty products every year. Global Spas and Beauty Salons market is expected to grow at a CAGR of 6% and is anticipated to reach around USD 217.25 Billion by 2026. . 63% of consumers have more trust in brands that have an Instagram account. Rapid expansion through digital channels and the attraction of more customers willing to pay higher prices for higher quality. Get detailed COVID-19 impact analysis on the Cosmetics Market Request Now ! The global. Total global beauty industry spending in 2020 was $483 billion, and the annual total is expected to top $716 billion by 2025. Embracing beauty with a conscience, according to Mintel, vegan claims trebled in haircare between 2014-18 in the UK, rising from 6% of all launches in 2014 to an impressive one in five (20%) in 2018. The global beauty devices market generated $50,814.4 million revenue in 2020, and it is expected to grow at a CAGR of 20.6% during the forecast period (2021-2030). The global hair wigs and extensions market size was valued at USD 5.8 billion and is expected to reach USD 13.3 billion by 2026, growing at a CAGR of 13% during 2021-2026. The cosmetics sector in Sub-Saharan Africa is expected to grow over the next two years. How big is the beauty industry? 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