Key Takeaways
- 65% of global beauty consumers are female aged 18-34.
- Millennials represent 42% of U.S. beauty market spenders in 2023.
- 28% of beauty consumers worldwide are Gen Z (born 1997-2012).
- The global beauty market is projected to grow at a CAGR of 5.3% from 2023 to 2030.
- U.S. beauty market expected to reach USD 120 billion by 2027, CAGR 4.2%.
- Asia Pacific beauty market CAGR of 6.1% forecasted for 2023-2030.
- The global beauty and personal care market was valued at USD 542.37 billion in 2022 and is projected to reach USD 783.96 billion by 2030, growing at a CAGR of 4.7%.
- In 2023, the U.S. beauty market generated revenue of approximately USD 93.5 billion.
- Asia Pacific held the largest share of the global beauty market at 42.3% in 2022.
- Skincare holds 38% share of global beauty market revenue.
- Makeup accounts for 22% of the U.S. beauty market in 2023.
- Hair care represents 19% of global personal care sales.
- Asia Pacific dominates with 45% of global beauty market share in 2023.
- North America accounts for 25% of worldwide beauty revenue.
- Europe holds 27% share of luxury beauty market.
Beauty spending is shifting younger and digital, with global growth driven by women, Gen Z, and clean, sustainable trends.
Related reading
01 · Category
Consumer Demographics26 stats
Consumer Demographics Interpretation
02 · Category
Growth Rates & Projections27 stats
Growth Rates & Projections Interpretation
03 · Category
Market Size & Revenue30 stats
Market Size & Revenue Interpretation
More related reading
04 · Category
Product Segments25 stats
Product Segments Interpretation
05 · Category
Regional Analysis20 stats
Regional Analysis Interpretation
06 · Category
Trends and Innovations20 stats
Trends and Innovations Interpretation
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Diana Reeves. (2026, February 13). Beauty Market Statistics. Gitnux. https://gitnux.org/beauty-market-statistics
Diana Reeves. "Beauty Market Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/beauty-market-statistics.
Diana Reeves. 2026. "Beauty Market Statistics." Gitnux. https://gitnux.org/beauty-market-statistics.
Sources & references
13 datasets cited across this report · attribution is report-level

