Table of Contents
- 1 How big is the global cosmetics industry?
- 2 How much is the global cosmetics market worth?
- 3 Who is the target market for makeup?
- 4 How much is the beauty industry worth 2025?
- 5 How big is the beauty market?
- 6 What ages buy the most makeup?
- 7 What age group buys the most makeup 2020?
- 8 What country wears the most makeup?
How big is the global cosmetics industry?
Pune, India, Sept. 15, 2021 (GLOBE NEWSWIRE) — The global cosmetics market size is expected to gain momentum by reaching USD 415.29 billion by 2028 from USD 287.94 billion in 2021 while exhibiting a CAGR of 5.0\% between 2021 to 2028.
How much is the global cosmetics market worth?
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 growth rate (CAGR) of 5.1\% from 2021 to 2030.
How much is the global beauty industry worth 2021?
Top 10 Health and Beauty Industry Statistics The global beauty industry market is valued at $511 billion in 2021. The beauty and personal care market will hit a jaw-dropping market size of $716.6 billion by 2025. The US cosmetic market is worth a staggering $62.46 billion.
Who is the target market for makeup?
Hence, from a generic point of view, a typical cosmetics business dealing in make-up items and other skincare products will primarily have women, aged 18 and above as its target market.
How much is the beauty industry worth 2025?
The global beauty industry is estimated to hit $716.6 billion by 2025. With the increased popularity of organic products, the global beauty industry’s worth is expected to hit the $716.6 billion mark by 2025.
How big is the cosmetic industry 2021?
The global beauty industry market is valued at $511 billion in 2021. The beauty and personal care market will hit a jaw-dropping market size of $716.6 billion by 2025. The US cosmetic market is worth a staggering $62.46 billion.
How big is the beauty market?
Globally, the industry is strong and only getting stronger. How big is the beauty industry? 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. And $784.6B by 2027.
What ages buy the most makeup?
TABS Analytics’ second annual U.S. Cosmetics Study found that millennial women (ages 18 to 34) are the heaviest buyers of beauty products in the $13 billion cosmetics market (market size excludes skin care and hair care products).
Which age group buys the most beauty products?
According to a survey conducted in February 2021 in the United States, skin care was the most shopped-for beauty category across all age groups. The majority of Gen Z shoppers (aged 18 to 24 years) said skin care was the product category they currently spend the most on.
What age group buys the most makeup 2020?
What country wears the most makeup?
But which nationality spends the most – and which country uses the most? Both the men and women of the United States spend the most on cosmetics with the men and women of Japan coming close behind. France, Germany and the UK follow close behind.