The revenue ranking in the beauty & personal care market is led by the United States with 101.29 billion U.S. dollars, while China is following with 70.57 billion U.S. dollars. In contrast, Egypt is at the bottom of the ranking with 7.06 billion U.S. dollars, showing a difference of 94.23 billion U.S. dollars to the United States. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the hair care segment of the beauty & personal care market and a ranking of subsegments in Asia regarding revenue in the Beauty & Personal Care market as a whole. The Statista Market Insights cover a broad range of additional markets.

The United States is leading the ranking by revenue in the 'Skin Care' segment of the beauty & personal care market, recording 24.9 billion U.S. dollars. Following closely behind is Japan with 22.9 billion U.S. dollars, while Ethiopia is trailing the ranking with 1.5 billion U.S. dollars, resulting in a difference of 23.4 billion U.S. dollars to the ranking leader, the United States. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the cosmetics segment of the beauty & personal care market and a ranking by country regarding revenue in the skin care segment of the beauty & personal care market. The Statista Market Insights cover a broad range of additional markets.

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.

This statistic shows the brand value of the leading 10 cosmetic brands worldwide in 2024. In that year, L'Oréal was at the top of the list, with a brand value of about 13.4 billion U.S dollars. Cosmetics worldwide Since the early twentieth century, the production of cosmetics has been controlled by a handful of multi-national corporations. The global cosmetics industry is broken down into six main categories; skin care being the largest one out of them all, accounting for 41 percent of the global market in 2022. United States: a lucrative market In recent years, consumers have been spending higher levels of disposable income on cosmetics than they had in the past. Unfortunately, the global financial crisis has put a damper on the market and during those years, more affordably priced merchandise and do it yourself at home products were key in the beauty market. However, with Generation Z entering the job market, there is now a a big driver of the cosmetics market; especially in the United States. The United States is the biggest cosmetic market in the world, with an estimated total revenue of about 49 billion U.S. dollars as of 2022. A look to the future In the coming years, in order to attract new consumers, global cosmetic companies will continue to focus their efforts on product innovation and especially, on responding to the needs of consumers, such as sustainable products that do not harm the environment or animals, as well as inclusive products, so that cosmetics and beauty can be accessible to anyone.

Concerning the five selected segments, the segment Face has the largest revenue with 33.18 billion U.S. dollars. Contrastingly, Nails is ranked last, with 12.46 billion U.S. dollars. Their difference, compared to Face, lies at 20.72 billion U.S. dollars. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the hair care segment of the beauty & personal care market and a ranking by country regarding revenue in the cosmetics segment of the beauty & personal care market. The Statista Market Insights cover a broad range of additional markets.

This statistic shows the net revenue of Coty Inc. worldwide from fiscal year 2012 to 2024. In the 2024 fiscal year, Coty Inc. generated approximately six billion U.S. dollars in net revenue, a slight increase from approximately 5.6 billion U.S. dollars the previous year.

In 2024, Estée Lauder generated a gross profit of about 11.18 billion U.S. dollars, an decrease in comparison with the previous year. Since 2011, the company's gross profit doubled, peaking in 2022. The fiscal year end of the company is June 30th, 2024.

This statistic depicts the brand value of the leading personal care brands worldwide in 2024. In that year, the value of the Clinique brand amounted to about 6.7 billion U.S. dollars. The personal care industry worldwide The personal care industry envelopes a variety of products, including makeup, fragrances, hair care and coloring products, sunscreen, toothpaste, and products for bathing, nail care, and shaving. These segments are complementary and through their diversity they are able to satisfy all consumers’ needs and expectations with regard to cosmetics. The industry overlaps with other markets like chemical, health care, and petroleum. The latter is important as personal care product raw materials, such as propylene glycol, come from petroleum products. Leading players Some of the leading personal care companies in the world include L’Oréal, Procter & Gamble, Unilever, Colgate-Palmolive and Beiersdorf. Over the coming years companies will continue to invest in eco-friendly practices. Manufacturers will also respond to demand for more natural products, widening their natural and herbal product lines. Marketing efforts will likely be increasingly geared to stress environmental protection through non-toxic ingredients.