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the beauty market in 2023: new industry trends | mckinsey
In 2022, the beauty market—defined as skincare, fragrance, makeup, and haircare—generated approximately $430 billion in revenue.Today, beauty is on an upward trajectory across all categories. It has proven to be resilient amid global economic crises and in a turbulent macroeconomic environment.
ap beauty & cosmetics - a b2b beauty and cosmetics wholesale e trading ...AP BEAUTY & COSMETICS is the beauty division of AP ITALIAN LUXURY, a B2B wholesale and trading company, specialized in providing premium brand cosmetics, pharmacy cosmetics, make up, perfumes and home fragrance articles
cosmetics market size, share, industry trends & analysis 2021-2027The global cosmetics market size was valued at $380.2 billion in 2019, and is projected to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027. Presently, cosmetics have become an indispensable feature of modern lifestyle of individuals. In addition, growth in consciousness about external beauty along with individual’s ...
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cosmetics market size, share | global industry trends [2030]Listen to Audio Version. The global cosmetics market size was valued at USD 299.77 billion in 2022 and is projected to grow from USD 313.22 billion in 2023 to USD 417.24 billion by 2030, exhibiting a CAGR of 4.2% during the forecast period. Cosmetics are beauty & personal care products used for skin cleansing and beautification purposes.
taking a good look at the beauty industry | mckinseyThe beauty industry —encompassing skin care, color cosmetics, hair care, fragrances, and personal care—had a beast of a year in 2020: sales of color cosmetics fell by 33 percent globally, while overall retail sales in the beauty category declined by 15 percent. But the industry has been resilient in the past, and experts are predicting a ...
14 trends changing the face of the beauty industry in 2021Wellness Tech 2020 was a redefining year for beauty tech. As consumer values and expectations shifted, big beauty corporates and startups alike have been forced to adapt. From “waterless” beauty products to virtual try-on, here are the trends and tech that will continue to transform the sector in 2021 and beyond. get the full report
15 trends changing the face of the beauty industry in 2020Earlier this year, Unilever acquired J-beauty brand Tatcha while L’Occitane bought skincare brand Elemis for $900M. And Colgate-Palmolive, which has upped its M&A activity in recent years, purchased anti-aging skincare brand Filorga in a whopping $1.69B acquisition in July. Beyond brand acquisitions, big beauty is also going after tech.