GITNUX MARKETDATA REPORT 2024

Must-Know Cosmetics Industry Statistics [Current Data]

Statistic 1

"By 2023, the global vegan cosmetics market is expected to surpass USD 20.8 billion."

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Statistic 2

"Cosmetic procedures, including injectable products like Botox, were up by 15% in 2018 in the United States."

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Statistic 3

"The cosmetics industry in China has been growing rapidly with a CAGR of over 10% during 2014-2019."

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Statistic 4

"The global cosmetics market size was valued at approximately USD 380.2 billion in 2019."

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Statistic 5

"The personalized beauty market is expected to reach USD 45 billion by 2027."

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Statistic 6

"Men’s grooming products market was valued at USD 21.65 billion in 2020."

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Statistic 7

"Europe accounts for the largest cosmetics market in the world with about 39% share."

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Statistic 8

"South Korea is one of the top exporters of beauty products, with exports valued at USD 6.34 billion in 2019."

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Statistic 9

"The skincare segment is the largest segment in the global cosmetics market, accounting for about 40% of the total revenue."

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Statistic 10

"The demand for organic and natural cosmetics is increasing and was valued at USD 34.5 billion in 2018."

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Statistic 11

"The lipstick segment within the cosmetics industry is expected to surpass USD 10 billion by 2025."

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Statistic 12

"The U.S. accounts for the largest share of global cosmetic imports, worth approximately USD 55 billion in 2019."

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Statistic 13

"The online retail channel for cosmetics has experienced significant growth with a projected CAGR of 7% through 2025."

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Statistic 14

"L’Oréal is the leading cosmetics company worldwide with a market value of USD 147 billion as of 2020."

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Statistic 15

"Approximately 64% of women in the U.S. use makeup products daily."

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Statistic 16

"The halal cosmetics market size is projected to reach USD 78.7 billion by 2025, growing at a CAGR of 12.3% from 2019 to 2025."

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Statistic 17

"The demand for anti-aging products is expected to grow with a CAGR of 5.6% from 2020 to 2027."

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Statistic 18

"In 2020, around 50% of consumers in the U.S. stated that they had bought cosmetics online at least once."

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Statistic 19

"The cruelty-free cosmetics market is growing and was valued at approximately USD 18.5 billion in 2018."

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Statistic 20

"On average, a woman spends about USD 313 per month on cosmetics in the United States."

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