This chart shows a ranking of the top European cosmetics markets between 2014 and 2023, based on their market value in billion euros. According to the source, Germany was the leader of the European market in 2023, with a market value of about 16 billion euros. From 2015 to 2020, the value of the French market remained relatively stable, fluctuating between a market value of 11.3 and 11.5 billion euros, reaching nearly 14 billion euros in 2022.

In recent years, beauty product manufacturers have faced significant losses due to unfavorable economic conditions, including high inflation and increasing economic uncertainty. Many cosmetics and beauty products are considered discretionary, causing sales to weaken when disposable income drops. Heightened inflationary pressures in recent years pushed consumers to postpone purchases to downgrade to more affordable products, contributing to revenue losses between 2020 and 2022. Rising prices and heightened consumer uncertainty have led to higher selling prices and smaller basket sizes, protecting producers from sharper revenue losses. Since 2020, revenue has weakened by an estimated CAGR of 3.9% to reach $39.3 billion in 2025, including a 2.7% drop that year alone. During such times, consumers tend to opt for more affordable options, leading to a surge in imports to meet domestic demand. Imported beauty products have gained a larger share of the domestic market, especially those from countries like France, Italy and South Korea, which are perceived to offer higher quality. The growing demand for innovative, inclusive, sustainable and technical products—especially anti-aging and luxury items—creates growth opportunities for domestic manufacturers. Also, companies like Glossier, which leverages social media marketing and the heightened demand for US-made products, have successfully reached international consumers, driving an increase in exports. The ongoing economic recovery is expected to benefit domestic beauty product manufacturers. As consumer confidence and disposable income climb, spending on discretionary items like beauty products will likely increase, supporting manufacturers' performance. The forecast decline in the world price of zinc, a key material for manufacturers, will support producers' profit gains. Similarly, the expected depreciation of the US dollar will enhance the performance of domestic producers both domestically and internationally. However, uncertain trade conditions over the coming years will prevent downstream wholesalers and retailers from planning for future demand, preventing sharper gains. These factors are set to cause revenue to accelerate at an annualized 1.3% to $41.9 billion through the end of 2030.

The Colour Cosmetics Market size was valued at USD 77.73 USD Billion in 2023 and is projected to reach USD 114.58 USD Billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. Recent developments include: April 2023: The French Company L'Oréal acquired the Australian luxury brand Aesop from Natura & Co. The acquisition would help expand its presence in high-end cosmetics with a view to international expansion, including in China., June 2023: In India, the French beauty company L'Oréal relaunched its luxury beauty brand Lancôme. The company would distribute skincare, makeup, and fragrances under the Lancôme brand in India., October 2021: Amway India launched a personalized skincare solution product with Artistry Signature Select called Personalized Serum. This launch marks the entry of the company into the serum segment of skincare in India, expanding the product portfolio., October 2021: Coty announced the expansion of the direct to consumer website of cosmetic brand Kylie skin in the U.K., Germany, Australia, and France. This will provide the company with global expansion and improve consumer purchasing power., September 2020: Shiseido Company, Limited introduced a new makeup collection, which includes Skincare-like Light Textures and Bold Colors. The makeup collection comprises 21 products and 124 shades. With this launch, the company would expand its presence in Japan.. Key drivers for this market are: Growing Consumer Inclination toward Organic Cosmetic Products to Aid Market Growth . Potential restraints include: Rising Awareness Regarding Environment and Animal Protection to Affect Market Dynamics. Notable trends are: Increasing Digital Marketing and Use of E-commerce Channels to Boost Market Growth .

Global Digitalization of Beauty Market is segmented by Application (Beauty Companies_Retail_E-commerce_Salons_Dermatology Clinics), Type (Software_Services_AR/VR Applications_AI-Powered Tools_E-commerce Platforms), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

Online beauty stores have experienced significant growth in recent years, driven by the increasing popularity of e-commerce and the growing emphasis on skincare and beauty. In 2020, social distancing and stay-at-home orders prompted consumers to turn to online platforms to fulfill their shopping needs, driving up sales for online sellers of cosmetics and perfumes. Revenue soared 44.4% in 2020, followed by another jump of 23.5% in 2021. Through the end of 2025, consumers are spending less on eating out and transportation, resulting in greater disposable income and a boost in spending on discretionary products. Industry performance was subdued by inflationary pressures and supply chain disruptions, which have caused products prices to climb considerably in recent years. Still, these online retailers have taken advantage of higher product prices and the shift to e-commerce to bolster revenue, despite a dip in profitability. IBISWorld expects revenue for online perfume and cosmetics sellers to climb at a CAGR of 8.1% to $62.7 billion through the end of 2025, including a hike of 0.9% in 2025 alone. To remain competitive, online sellers have had to adjust their product offerings to align with prominent consumer preferences, with many now carrying K-beauty, cruelty-free, sustainable and clean beauty products. Online retailers must adapt to significant competition, as many consumers prefer shopping in person for beauty products. Similarly, consumers have become more price-sensitive, leveraging online platforms to compare prices across retailers and find the best deals, thereby enhancing price-based competition and harming profit. Online sellers can struggle to compete with industry giants like Amazon and Ulta because of their economies of scale. Online retailers also compete with traditional stores that offer a more immersive shopping experience and allow consumers to try most products on themselves, attracting many buyers. Moving forward, online sellers of beauty products will continue to expand alongside overall e-commerce sales. Online beauty sellers will benefit from the ongoing economic recovery, as rising disposable income and consumer confidence drive demand for discretionary products, leading to new sales of cosmetics and fragrances. During this time, retailers will stock up on products to serve new niches, including male cosmetics, to appeal to growing markets. Consumers will continue to become more comfortable shopping online and an increase in the number of mobile broadband connections will enable customers to easily shop anywhere using their phones. Heightened internal and external competition will continue to be a significant threat, hindering substantial gains. Revenue is expected to swell at a CAGR of 1.9% to $68.8 billion through the end of 2030.

The global cosmetics market size is projected to grow from USD 329.43 billion in 2025 to USD 519.15 billion by 2033, exhibiting a CAGR of 5.83%.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 311.23 Billion
Market Size in 2025	USD 329.43 Billion
Market Size in 2033	USD 519.15 Billion
CAGR	5.83% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Product,By End-User,By Distribution Channel,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

Global Cosmetics ODM Analysis Market is segmented by Application (Manufacturing_Healthcare_Logistics_Agriculture_Retail_Defense_Hospitality_Education), Type (Collaborative robots (cobots)_Service robots_Industrial robots_Medical robots_Logistics_Inspection_Cleaning_Educational robots), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

In 2024, the Canadian cosmetics market increased by 3.4% to $3.5B, rising for the fourth consecutive year after two years of decline. Overall, the total consumption indicated buoyant growth from 2012 to 2024: its value increased at an average annual rate of +6.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +40.7% against 2020 indices.

For the fourth consecutive year, the Estonian cosmetics market recorded growth in sales value, which increased by 4.7% to $72M in 2024. Over the period under review, the total consumption indicated prominent growth from 2012 to 2024: its value increased at an average annual rate of +5.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +47.7% against 2020 indices.

In 2024, the Bulgarian cosmetics market decreased by -7.1% to $124M for the first time since 2019, thus ending a four-year rising trend. The market value increased at an average annual rate of +1.9% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $133M in 2023, and then reduced in the following year.

For the fourth year in a row, the global cosmetics market recorded growth in sales value, which increased by 2.3% to $129.6B in 2024. The market value increased at an average annual rate of +2.8% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 8.9%. Global consumption peaked in 2024 and is expected to retain growth in the immediate term.

This statistic illustrates the beauty market value worldwide from 2020, by product category. As of 2020, the global skin care market is forecast to reach ***** billion U.S. dollars.

Marknteladvisors tracks the revenue opportunity in Beauty Drinks industry. Beauty Drinks Market Research Report estimates the future growth, size and Forecast 2025.

Global Cosmetic Botanical Extract Market is segmented by Application (Skincare_Haircare_Sunscreens_Anti-aging_Fragrance), Type (Leaf Extracts_Root Extracts_Flower Extracts_Seed Extracts_Fruit Extracts), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

The India Cosmetics Products Market Report is Segmented by Product Type (Facial Make-Up Products, Eye Make-Up Products, Lip Make-Up Products, and More), Category (Mass, Luxury), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Drug Stores, Specialty Stores, and More), Nature (Conventional, Natural/Organic), and Region (East, West, North, South). The Market Forecasts are Provided in Terms of Value (USD).

Global Beauty Supplement Market is segmented by Application (Skin health_Hair growth_Nail strengthening_Anti-aging_Overall wellness), Type (Collagen peptides_Biotin capsules_Antioxidant blends_Hyaluronic acid_Multivitamin beauty packs), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

The India cosmetic market size was worth around USD 8.12 billion in 2023 and is predicted to grow to around USD 10.98 billion by 2032

• The global industry was valued at US$ 598.5 Mn in 2023
• It is expected to grow at a CAGR of 5.9% from 2024 to 2034 and reach US$ 1.1 Bn by the end of 2034

Market Introduction

Attribute	Detail
Ginseng-based cosmetics Market Drivers	Increase in Awareness regarding Conservation of Cell Health Anti-inflammation Provided by Ginseng

Regional Analysis of the Ginseng-based cosmetics Market

Attribute	Detail
Leading Region	Asia Pacific

Ginseng-based cosmetics Market Snapshot

Attribute	Detail
Market Size in 2023	US$ 598.5 Mn
Market Forecast (Value) in 2034	US$ 1.1 Bn
Growth Rate (CAGR)	5.9%
Forecast Period	2024-2034
Historical Data Available for	2020-2022
Quantitative Units	US$ Mn/Bn for Value
Market Analysis	It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Product Type Skin Care Products Cleanser Moisturizer Face Oil Cream Others (Face Serum, Inc.) Hair Care Products Shampoo Conditioner Hair Oil Others (Hair Serum, etc.) Body Care Products Soaps Oils Others (Shower Gel, etc.) Other Products (Make-up toner, Eyecream, etc.) Consumer Group Men Women End-user Individuals Commercial Hotels & Resorts Beauty Salons Others (Spas, etc.) Sales Channel Online e-Commerce Website Company-owned Website Offline Supermarkets/Hypermarkets Beauty Retail Stores Other Retail Stores
Regions Covered	North America Europe Asia Pacific Middle East & Africa South America
Countries Covered	U.S. Canada Germany U.K. France Italy Spain The Netherlands China India Japan Australia South Korea Saudi Arabia UAE Kuwait South Africa Nigeria Brazil Argentina
Companies Profiled	AMOREPACIFIC US, Inc. Asian Beauty Essentials Venamine Beauty of Joseon Zelazeskin Sooryehan
Customization Scope	Available Upon Request
Pricing	Available Upon Request

Global Organic Personal Care Products market is expected to grow at a CAGR of 9.8% and is anticipated to reach around USD 28.41 Billion by 2026. The increasing consumption of cosmetics and skin & hair care products and the rising demand for the environment- and animal-friendly products is expected tofoster the growth of the global Organic Personal Care Products market.

China Beauty and Skin Care, Body Care, Essential Oil: Tmall Online Sales: YoY: Market Share data was reported at -6.860 % in Aug 2020. This records an increase from the previous number of -12.280 % for Jul 2020. China Beauty and Skin Care, Body Care, Essential Oil: Tmall Online Sales: YoY: Market Share data is updated monthly, averaging 17.550 % from Jun 2019 (Median) to Aug 2020, with 15 observations. The data reached an all-time high of 78.950 % in Aug 2019 and a record low of -15.970 % in May 2020. China Beauty and Skin Care, Body Care, Essential Oil: Tmall Online Sales: YoY: Market Share data remains active status in CEIC and is reported by Moojing Market Intelligence. The data is categorized under China Premium Database’s Consumer Goods and Services – Table CN.HTB: Taobao and Tmall Online Sales: YoY: Personal Care and Daily Use Good.