The market for beauty tech- driven purchases in the United States is estimated to have generated a revenue of approximately **** billion U.S. dollars in 2021. Revenue of the beauty market, which included cosmetics, skin care, and personal care products, is forecast to increase continuously in the next five years, reaching about **** billion U.S. dollars by 2026.
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Skin Care, Make Up and Cosmetics Market Size Value in Slovakia, 2021 Discover more data with ReportLinker!
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Cosmetics Market size Achieved USD 295.5 billion in 2021 and is predicted to reach USD 430.0 billion in 2029 & the market is projected to grow at CAGR 4.8%.
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Global Cosmetic market size 2021 was recorded $354.993 Billion whereas by the end of 2025 it will reach $450.78 Billion. According to the author, by 2033 Cosmetic market size will become $726.869. Cosmetic market will be growing at a CAGR of 6.154% during 2025 to 2033.
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Skin Care, Make Up and Cosmetics Market Size Value in Germany, 2021 Discover more data with ReportLinker!
The worldwide market for beauty tech-driven purchases is estimated to have generated a revenue of approximately **** billion U.S. dollars in 2021. United States, China, France, Germany, South Korea, United Kingdom (UK), and Japan were included in the estimation of this market. According to Statista estimates, the revenue of the beauty tech market, which includes cosmetics, skin care, and personal care products, is forecast to increase continuously over the next five years, reaching to about **** billion U.S. dollars by 2026.
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Market Summary of Cosmetic Packaging Market:
According to cognitive market research, in 2023, the global cosmetics packaging market was valued at USD XX billion and is expected to expand to around USD XX billion by 2032, reflecting a compound annual growth rate (CAGR) of XX% throughout the 2024-2032 forecast period.
The North America Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The European Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The Asia Pacific Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The South America Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The Middle East and Africa Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
Market Dynamics of Cosmetic Packaging Market
Key Drivers of Cosmetic Packaging Market
An increase in the usage of Cosmetics drives the market for Cosmetic packaging.
Cosmetics are used for a variety of puposes like to improve or modify one's look, including hiding imperfections, highlighting one's natural features (like eyebrows and eyelashes), adding colour to the face, and completely changing the appearance of the face to resemble a new person. One can use products made for personal hygiene and skin care to wash the body and skin. Makeup, or cosmetics intend to improve or enhance one's appearance, can be applied to a person's face to change its appearance completely make it resemble a different person, and accentuate one's inherent characteristics. Idealized bodies and features are a standard by which many people judge themselves on social media, where digitally edited photographs, well-lit movies, and face filters are commonplace. Therefore, to look a certain way and self-consciousnesses among people, cosmetics product usage is increasing. Among the other industries, the cosmetics business has the widest range of packaging needs. Materials used include glass, paper, plastic, and other metals. These materials can be used to create containers with a variety of sizes, shapes, and dispensing methods for the making of tubes, boxes, containers, etc. For Instance, Beauty firms frequently use tubes for many kinds of goods, but particularly for hair care products. According to Bruno Lebeault, marketing director of Viva Healthcare Packaging, "Our tube business keeps growing." "There is an increasing number of hair care brands choosing tubes, and we're seeing growth in brands choosing velvet touch finishes and smaller tubes," he says.(Source:https://www.beautypackaging.com/issues/2023-06-01/view_features/love-grows-for-tubes/)There are increasing prospects for cosmetic items in emerging economies. Furthermore, The creation of new packaging styles and constant advancements in packaging technology are major factors propelling the cosmetic packaging market's expansion Improvements in disposable income, heightened awareness of personal hygiene, changing lifestyles, and the release of creative designs like sprays and sticks have made this feasible. Hence, The significance of cosmetic packaging in establishing brand identity and drawing in customers makes it a vital component of the beauty industry.
Growing awareness of personal appearance and body care is driving market growth
One of the primary drivers of growth in the global cosmetics packaging market is the increasing awareness of personal appearance and body care. Shifts in consumer demographics and purchasing behavior have fueled a rising demand for cosmetics. This trend is expected to propel the expansion of the cosmetic packaging industry. Additionally, growing consumer spending on overall well-being and physical attractiveness is likely to further boost demand for cosmetics, enhancing the customer experience. For instance, on average, women in the US allocate more than $10 daily to beauty expenses, with haircuts, makeup, and skincare being the top spending categories, amounting to $85 per month. Additionally, these trends may drive the development of customized packaging, contributing to the expansion of the cosmetic packaging industry. The rise of e-commerce and increased internet usag...
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Skin Care, Make Up and Cosmetics Market Size Value in Austria, 2021 Discover more data with ReportLinker!
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Global Cosmetic Industry market size 2021 was recorded $240.035 Billion whereas by the end of 2025 it will reach $304.953 Billion. According to the author, by 2033 Cosmetic Industry market size will become $492.208. Cosmetic Industry market will be growing at a CAGR of 6.167% during 2025 to 2033.
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Skin Care, Make Up and Cosmetics Market Size Value in Spain, 2021 Discover more data with ReportLinker!
The market for beauty tech-driven purchases in Japan generated an estimated revenue of approximately *** million U.S. dollars in 2021. The revenue of the beauty tech market is forecast to increase at a fast pace in the next five years, reaching about **** billion U.S. dollars by 2026.
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The South America Cosmetics Market size was valued at USD 299.77 USD million in 2023 and is projected to reach USD 376.26 USD million by 2032, exhibiting a CAGR of 3.3 % during the forecast period. South American cosmetics retail aims to cover a broad range of products based on native plants in the continent. From the South American rainforest up to the Andes, these cosmetics retailers use traditional ingredients and techniques while marketing products that address the worldwide demand for organic and sustainable cosmetics. These include facial care products such as creams and oils as well as bright colourful lip and eye products like lipsticks and eyeshadows. Their uniqueness therefore stems from the use of extracts such as acai, camu camu, and quinoa which are all antioxidants and are known to nourish the skin. The use ranges from washing to body treatment to gracious treatment such as the braiding of hair, the indication shows how culture embraced beauty in South American societies. Numerous functions are served by applying beauty enhancements; they are significant not only in enhancing the physical appearance of individuals but also for healing purposes, both physically and spiritually, owing to the natural ingredients used in the preparations. Recent developments include: October 2022: L’Oréal Brasil expanded its sun care portfolio to meet the country’s diverse skin needs. It developed 11 new shades of sunscreen formulas, increasing from 32 to 43 shades, and a new color terminology based on a numerical scale dedicated to Brazilian skins., March 2021: The Estée Lauder Companies Inc. partnered with Sephora Brazil to launch and distribute its wide range of franchises and products including Double Wear, Revitalizing Supreme+, Pure Color, Bronze Goddess, and Advanced Night Repair in-store and online., March 2021: Argentina banned cosmetic products containing microbeads due to the growing concern about pollution and its environmental impact.. Key drivers for this market are: Growing Demand for Bath Towels from End-use Industries to Propel the Market Growth. Potential restraints include: Relative Side Effects of Cosmetics to Limit Market Growth . Notable trends are: Dental Spas to Add Impetus to Industry Growth .
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The organic cosmetics market is valued at US$ 21558.3 million in 2024. It is projected to reach US$ 35452.08 million by 2034, exhibiting a CAGR of 5.10% over the forecast period.
Attributes | Key Statistics |
---|---|
Expected Base Year Value (2024) | US$ 21558.3 million |
Anticipated Forecast Value (2034) | US$ 35452.08 billion |
Estimated Growth (2024 to 2034) | 5.10% CAGR |
Category-wise Insights
Attributes | Details |
---|---|
Product | Skin Care |
Market Share | 40.00% |
Attributes | Details |
---|---|
End-user | Women |
Market Share | 32.50 |
Country-wise Insights
Countries | CAGR |
---|---|
Japan | 10.30% |
India | 8.50% |
China | 7.50% |
Singapore | 6.40% |
Canada | 4.90% |
Over the past years, the cosmetics market value in Great Britain has generally seen gentle fluctuations. The sector experienced a dip from 2017 to 2021, and thereafter saw a recovery trend, with a market value of approximately **** billion British pounds in 2023. This is a slight decrease in market value compared to the highest market value 2017, which stood at *** billion pounds. Export market for the UK’s cosmetics industry According to the top ten export markets of the UK’s cosmetics industry, the 2021 leading market is the Irish Republic having an export value of *** million British pounds. Surprisingly, the smaller EU country of Belgium is in second place, generating approximately *** million British pounds in export value. The United States rounds out the top three and generates approximately *** million British pounds in export for the UK. Overall, the UK’s cosmetics industry focuses most of its exports on European countries as **** percent of the exports go to the EU-27 countries. Cosmetics consumption in Europe As the EU’s most populated country and economic powerhouse, Germany consumed the most personal care and cosmetics products in 2021. At **** billion Euros, Germany’s cosmetics industry revenue was approximately *** billion euros higher than France's, which came in second place for consumption. Italy followed in third place at **** billion euros.
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The Cosmetics Market Report is Segmented by Product Type (Facial Cosmetics, Eye Cosmetics, and Lip and Nail Make-Up Products), Category (Premium Products, and Mass Products), Ingredient Type (Natural and Organic, and Conventional/Synthetic), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).
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Waterless Cosmetics Market Size, Share & Analysis Report by Gender, By Category, By Distribution Channel and By Region - Global Opportunities & Forecast, 2021-2028
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Global Cosmetics Product market size 2021 was recorded $441.885 Billion whereas by the end of 2025 it will reach $560.4 Billion. According to the author, by 2033 Cosmetics Product market size will become $901.314. Cosmetics Product market will be growing at a CAGR of 6.12% during 2025 to 2033.
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Skin Care, Make Up and Cosmetics Market Size Value in Portugal, 2021 Discover more data with ReportLinker!
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Skin Care, Make Up and Cosmetics Market Size Value in Croatia, 2021 Discover more data with ReportLinker!
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The global anti-fatigue cosmetics market was valued at USD 14.4 million in 2020 and is expected to grow at a CAGR of 4.6% during 2021 - 2028.
The market for beauty tech- driven purchases in the United States is estimated to have generated a revenue of approximately **** billion U.S. dollars in 2021. Revenue of the beauty market, which included cosmetics, skin care, and personal care products, is forecast to increase continuously in the next five years, reaching about **** billion U.S. dollars by 2026.