In the period of time going from January 2019 to April 2024, the volume of M&A deals in the beauty and personal care industry was higher for Europe. A year before, this figure added up to 37 M&A deals for North America.

The revenue is forecast to experience significant growth in all segments in 2030. The trend observed from 2020 to 2030 remains consistent throughout the entire forecast period. There is a continuous increase in the revenue across all segments. Notably, the Personal Care segment achieves the highest value of ****** billion U.S. dollars at 2030. Find further statistics on other topics such as a comparison of the revenue in Indonesia and a comparison of the revenue change in the Philippines.The Statista Market Insights cover a broad range of additional markets.

The global revenue in the beauty & personal care market was forecast to continuously increase between 2025 and 2030 by in total ***** billion U.S. dollars (+** percent). After the ***** consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the beauty & personal care market was continuously increasing over the past years.Find more information concerning Poland and Denmark. The Statista Market Insights cover a broad range of additional markets.

The revenue ranking in the beauty & personal care market is led by the United States with ****** billion U.S. dollars, while China is following with ***** billion U.S. dollars. In contrast, Egypt is at the bottom of the ranking with **** billion U.S. dollars, showing a difference of ***** 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.

In 2020, the market size of the online beauty and personal care industry was valued at ***** billion U.S. dollars in India. The market size of the online beauty and personal care industry is likely to reach to about *** billion U.S. dollars in 2025.

This statistic shows the value of the cosmetics market worldwide from 2018 to 2025. In 2018, the value of the global cosmetics market was ***** billion U.S. dollars. The market was projected to value at about ***** billion U.S. dollars by 2025.

The revenue in the beauty & personal care market in Indonesia was forecast to continuously increase between 2025 and 2030 by in total 2.3 billion U.S. dollars (+23.61 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 12 billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the beauty & personal care market was continuously increasing over the past years.Find further information concerning Thailand and Vietnam. The Statista Market Insights cover a broad range of additional markets.

The global revenue in the 'Cosmetics' segment of the beauty & personal care market was forecast to continuously increase between 2025 and 2030 by in total **** billion U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Cosmetics' segment of the beauty & personal care market was continuously increasing over the past years.Find more information concerning Thailand and France. The Statista Market Insights cover a broad range of additional markets.

This statistic shows the annual growth rate of the global cosmetics market from 2004 to 2024. In 2024, the global cosmetics market grew by an estimated 4.5 percent compared to the previous year. Global cosmetics market 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 about 40 percent of the global market in 2024. 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, in recent years as Generation Y and Generation Z have really entered the job market, they have become a big driver of the cosmetics market; especially in the United States. The United States is one of the biggest cosmetic markets in the world, with an estimated total revenue of about 101 billion U.S. dollars as of 2024. Outlook: the future for beauty companies In the coming years, global cosmetic companies will continue to focus their efforts on product innovation, as well as brand values and responsibilities, in order to attract new consumers and keep existing consumers loyal to specific brands.

The revenue in the 'Cosmetics' segment of the beauty & personal care market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** billion U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2030. Find more information concerning France and Vietnam. The Statista Market Insights cover a broad range of additional markets.

This statistic depicts the breakdown of the cosmetic market worldwide from 2011 to 2024, by product category. In 2024, skincare products made up around ** percent of the global cosmetic market. Geographically, North Asia and North America dominated, accounting for over ** percent of the cosmetics market combined. Global cosmetic market Companies operating in the global cosmetics market must compete for shelf space in retail outlets, not only with rival companies offering other well-known brands but also cheaper copycat brands offering similar unbranded products. Non-western beauty cultures are becoming more influential; consumers beyond North America and Europe are remaking the beauty market in their own image and likeness. As a result of this shift to new regions, beauty cultures which are quite different from the mature European and North American markets will play a much more influential role. Ethnic and cultural diversity shape consumers beauty rituals and product priorities. Likewise, diversity and variety have become the norm within the global cosmetics market. Leading companies As consumers become increasingly wary of potential toxicity in cosmetics, market segments offering fragrance-free products made using natural ingredients and essential oils are likely to record strong growth. Leading companies in the global cosmetics market include L'Oréal, Estée Lauder and Unilever.

As of 2021, the global market value for clean beauty was valued at around *** billion U.S. dollars. The clean beauty market value is forecast to grow and reach approximately **** billion U.S. dollars by 2028.

Dollar sales of the prestige beauty industry in the United States fluctuated between 2010 and 2024 but experienced an increase overall. In fact, this figure went from slightly over *** billion U.S. dollars in 2010 to a peak of nearly ** billion U.S. dollars 14 years later.
The U.S. prestige beauty market According to Statista forecasts, revenues for the prestige beauty market in the United States will steadily grow, amounting to about ** billion U.S. dollars by 2029. Prestige cosmetics and prestige fragrances were predicted to remain the most valuable segments, with skincare ranking third. In the first half of 2024, sales of prestige skincare products increased by around seven percent, while fragrances recorded the largest growth. Consumers and prestige/luxury beauty The results of a 2024 survey conducted among affluent U.S. shoppers showed that about 32 percent of respondents spend between *** U.S. dollars and *** U.S. dollars on luxury cosmetics over a period of three months. For many beauty shoppers, prestige/luxury products are a “must”, and they would be willing to spend more on such products if needed. This trend is very common especially among millennials and Gen Z.

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.

This statistic depicts the breakdown of the cosmetic market worldwide in 2024, by geographic zone. In 2024, North America made up ** percent of the global cosmetic market. Global cosmetic market Societies throughout history have employed various forms of cosmetics and toiletries to improve appearance, scent and health. Ancient civilizations used cosmetics for various purposes such as religious rituals and class demarcation. Though used for different purposes, cosmetics have remained a historical constant from the Ancient Egyptians to modern-day society. Non-western beauty cultures are becoming more influential as new countries dominate rankings; consumers beyond North America and Europe are remaking the beauty market in their own image and likeness. As a result of this shift to new regions, beauty cultures which are quite different from the mature European and North American markets will play an even more influential role in the future. As a matter of fact, North Asia is currently one of the leading cosmetic market worldwide, with a market share of about ** percent. The rising popularity of K-Beauty worldwide in recent years bears witness to this success and to the shift in consumers' beauty rituals and product priorities. Likewise, diversity and variety have become the norm within the global cosmetics market. Rising trends With the cosmetics industry earning record revenues, with niche sectors, such as men’s grooming and natural/organic cosmetics rapidly gaining market share, and with social media, eco-consciousness and cause-based consumerism greatly impacting product purchasing decisions, the cosmetics industry is an ever-changing behemoth that’s become integral to the global economy.

The revenue in the 'Natural Cosmetics' segment of the beauty & personal care market in the United States was forecast to continuously increase between 2025 and 2030 by in total ***** million U.S. dollars (****** percent). After the ***** consecutive increasing year, the revenue is estimated to reach *** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Natural Cosmetics' segment of the beauty & personal care market was continuously increasing over the past years.Find more information concerning Indonesia and Poland. The Statista Market Insights cover a broad range of additional markets.

In 2018, the United States was the leading market for cosmetics, fragrances, and personal care products worldwide, with a revenue of **** billion U.S. dollars. China, ranked second, generated ** billion U.S. dollars in the given year.

North America and Asia–Pacific as market leaders

The Asia–Pacific region made up almost ** percent of the global cosmetics market in 2018, followed by North America with a market share of ** percent. These two regions have been the main drivers of growth for years, starting global beauty trends, and setting standards that are followed around the world.

Global advancements in the beauty and personal care industry

The beauty and personal care market has been experiencing continuous growth across the world. The industry’s global revenue, which was valued at *** billion U.S. dollars in 2018, is forecast to exceed *** billion U.S. dollars by 2025. There are several drivers that play an essential part in this development: growing demand for men’s grooming products, steadily increasing beauty product marketing across online platforms, as well as the advancements of the prestige beauty industry to attract more customers who are willing to pay higher prices for more high-quality products.

As of 2017, the market size of the cosmetic industry across India had a value of approximately ** billion U.S. dollars. The market size of the cosmetic industry recorded a year-on-year growth and was forecast to reach a value of ** billion U.S. dollars in 2025.

The revenue in the 'Cosmetics' segment of the beauty & personal care market in Thailand was forecast to continuously increase between 2025 and 2030 by in total ***** million U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach * billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Cosmetics' segment of the beauty & personal care market was continuously increasing over the past years.Find other key market indicators concerning the average revenue per user (ARPU) and revenue growth. The Statista Market Insights cover a broad range of additional markets.

This statistic shows the market value of the cosmetics industry in Europe in 2023, by branch. In the year 2023, skincare had the highest market value, measuring at nearly 28 billion euros, while the decorative cosmetics market was worth around 13 billion euros, the smallest amount among the categories.