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.

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 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 *** billion U.S. dollars (+***** percent). After the ninth 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 further information concerning Thailand and Vietnam. The Statista Market Insights cover a broad range of additional markets.

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.

The global revenue change in the 'Cosmetics' segment of the beauty & personal care market was forecast to continuously decrease between 2025 and 2030 by in total two percentage points. After the fifth consecutive decreasing year, the revenue change is estimated to reach 3.23 percent and therefore a new minimum in 2030. Find more information concerning Indonesia and Singapore.The Statista Market Insights cover a broad range of additional markets.

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.

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 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.

The worldwide market for beauty tech-driven purchases in the cosmetics segment was estimated to have generated a revenue of approximately **** billion U.S. dollars in 2021. In comparison, revenues of personal care and skin care segments amounted to about **** billion U.S. dollars each. 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 worldwide revenue of cosmetics related beauty-tech purchases is projected to grow, reaching around **** billion U.S. dollars by 2026, marking an increase of about **** billion U.S. dollars.

The global revenue change in the 'Natural Cosmetics' segment of the beauty & personal care market was forecast to continuously decrease between 2025 and 2030 by in total 1.8 percentage points. According to this forecast, in 2030, the revenue change will have decreased for the seventh consecutive year to 5.13 percent. Find more information concerning Europe and France. The Statista Market Insights cover a broad range of additional markets.

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.

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.

Within the European cosmetics market, Germany consumed the largest amount of cosmetics in 2021, valued at approximately 14 billion euros. This was followed by France and Italy, at approximately 12 billion euros and 11 billion euros, respectively.

Cosmetics industry in Europe

The cosmetics and personal industry has been thriving in Europe as more consumers become increasingly aware of the importance of health, wellness and personal care products. Skin care continues to be the dominant force in the cosmetics industry in Europe, capturing more than 27 percent of the European cosmetics market in 2019. In the following year, France had the highest number of small and medium-sized enterprises (SMEs) specialized in the manufacturing of cosmetic products in Europe. Compared to Italy’s 735 cosmetics SMEs, France had around 840.

Cosmetics brands

L’Oréal, Nivea and Guerlain are currently the top three leading cosmetic brands in Europe in terms of brand value. Beyond Europe, the cosmetics brands were also garnering worldwide consumer appeal. For example, the skin and body care brand Nivea, manufactured by Hamburg-based German company Beiersdorf had a worldwide brand value exceeding six billion U.S. dollars in 2021. However, with the rise of social media and its significant influence on consumer groups, particularly in the areas of body image and personal care, cosmetics brands that enjoy powerful social media presence and appeal will be those that succeed in the long-term. As of March 2022, the beauty brand with the highest number of Instagram followers is Kylie Cosmetics, garnering approximately 25 million followers.

In the United States, the beauty tech market is projected to grow at a CAGR of around ** percent between 2021 and 2026, with the highest growth expected in the cosmetics segment at **** percent. Beauty tech is defined as purchases in the beauty and personal care market including cosmetics, skin care and personal care, finalized using AI- and AR-powered softwares and tool, such as virtual mirrors, skin diagnostics tools, and try-on apps.

The revenue in the 'Cosmetics' segment of the beauty & personal care market worldwide was modeled to amount to ************** U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************* U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Cosmetics.

The revenue in the 'Natural Cosmetics' segment of the beauty & personal care market in Indonesia was forecast to continuously increase between 2025 and 2030 by in total 85 million U.S. dollars (+31.46 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 355.23 million 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 the United States and France. The Statista Market Insights cover a broad range of additional markets.

The beauty tech market for cosmetics in the United Kingdom (UK) generated an estimated revenue of approximately ***** million U.S. dollars in 2021. According to Statista estimates, this market segment is forecast to reach around *** million U.S. dollars by 2026. The larger beauty tech market, which is defined as beauty and personal care purchases driven by AI- and AR-based tools and softwares, was estimated to be worth *** million U.S. dollars in the UK in 2021.

According to Statista estimates, the beauty tech market for cosmetics products is expected to grow at a CAGR of **** percent between 2021 and 2026 in the United Kingdom (UK). In the beauty and personal care market, cosmetics was the segment where the highest growth rate was expected, followed by skin care. Beauty tech is defined as purchases driven by AI- and AR-powered softwares and tools, e.g. smart mirrors and virtual try-on apps.

Cosmetics build a dynamic market in Europe. As displayed in the present statistic, the consumption value of cosmetics and personal care products reached 79.84 billion euros in 2019 and over 95 billion euros in 2023.

Skin care: true hype The most dominant product group in the cosmetics market is reflective of a recent global hype: skin care. In Europe, the market value of skin care products made up about one-fifth of the entire cosmetic industry. Toiletries followed shortly behind skin care, whereas fragrances and perfumes had a comparatively low share in the market at about 14 percent.

Germany loves a local brand

One country that stands out in the vast landscape of European cosmetics is Germany. In 2021, cosmetics consumption in Germany was the greatest among other European countries. A detailed look at the favorite personal care products among Germans revealed that consumers had a penchant for homegrown products such as the Hamburg-based Nivea.