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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
Cosmetic industry - Wikipedia The cosmetic industry describes the industry that manufactures and distributes cosmetic products These include colour cosmetics, like foundation and mascara, skincare such as moisturisers and cleansers, haircare such as shampoos, conditioners and hair colours, and toiletries such as bubble bath and soap
Cosmetics industry in the U. S. - statistics facts | Statista Skincare, hair care, make-up, perfumes, toiletries, and oral care products are some of the main categories of the cosmetics market Since the early twentieth century, the production of cosmetics
The Beauty Industry Report How beauty professionals and consumers learn about, buy and experience beauty products and services is changing faster than ever The Beauty Industry Report brings you the data, trends and industry moves that will help you make the decisions needed to stay a step ahead
The State of Fashion Special Edition | The New Face of Beauty This special edition of The State of Fashion by The Business of Fashion and McKinsey Company explores the global beauty industry through a set of key dynamics impacting brands and retailers in 2023 and beyond The report uses market intelligence, insights from industry executives and other experts, and proprietary analysis to identify top
Circanas Global Glance at Fashion and Beauty Sales - WWD Across fashion and beauty in the U S , beauty grew 4 percent in the last 12 months to reach $121 billion Fragrance is the strongest performer, albeit the smallest, and slowdowns in skin and
Beauty That Drives Economic Growth - Personal Care Products Council The cosmetics and personal care products industry is a key driver of the U S economy and one of the major components of U S household spending Consumers continue to invest in beauty products, with the top expenditure groups being cosmetics, fragrances and hair care products These investments resulted in $210 6 billion in total sales in 2022