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Cosmetics Industry - Statistics & Facts

Published by M. Ridder, Oct 29, 2021
In 2020, the global cosmetic market decreased an estimated of eight percentin comparison to the previous year. Skincare, hair care, make-up, perfumes, toiletries and deodorants, and oral cosmetics are the main product categories of the cosmetic market. Skincare was the leading category, accounting for about 42 percent of the global market. Hair care products made up a further 22 percent, while make-up accounted for 16 percent in 2020. Skin care is one of the most profitable product category, as its revenueis projected to generate roughly 177 billion U.S. dollars in 2025. As of 2020, Asia Pacific was the industry leader, accounting for approximately 43 percent of the global market.

Leading companies

The production of cosmetics and beauty products is controlled by a handful of multi-national corporations – L'Oréal, Unilever, Procter & Gamble Co., The Estee Lauder Companies, Shiseido Company, and Lancôme to name a few. As of 2021, the French cosmetics company L'Oréal was the leading beauty manufacturer in the world, generating about 34 billion U.S. dollars in revenue that year. The company owns the leading personal care brand worldwide, L'Oréal Paris, valued at 29.5 billion U.S. dollars in 2020.

Influence of social media

The cosmetic industry has benefited from the increasing popularity of social media channels such as Instagram and YouTube. These platforms are not only highly influential amongst certain groups, but create a demand for beauty products and help fill the gap between cosmetics brands and consumers. As of September 2021, Mexican beauty blogger Yuya was the most subscribed beauty content creator on the video platform YouTube with 24.9 million subscribers to her channel. Fashion- and beauty-related content such as makeup and skincare tutorials, cosmetics hauls and product recommendations are among the most popular content on YouTube.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Revenue of the cosmetics market worldwide 94.2bn USDMake-up share of the cosmetic market worldwide 16%Forecasted market value of skin care worldwide 145.2bn USD

Key figures

The most important key figures provide you with a compact summary of the topic of "Cosmetics Industry" and take you straight to the corresponding statistics.

Brands

Online market

Interesting statistics

In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Cosmetics Industry".

Statistics on the topic

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
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Cosmetics Industry - Statistics & Facts

Published by M. Ridder, Oct 29, 2021
In 2020, the global cosmetic market decreased an estimated of eight percentin comparison to the previous year. Skincare, hair care, make-up, perfumes, toiletries and deodorants, and oral cosmetics are the main product categories of the cosmetic market. Skincare was the leading category, accounting for about 42 percent of the global market. Hair care products made up a further 22 percent, while make-up accounted for 16 percent in 2020. Skin care is one of the most profitable product category, as its revenueis projected to generate roughly 177 billion U.S. dollars in 2025. As of 2020, Asia Pacific was the industry leader, accounting for approximately 43 percent of the global market.

Leading companies

The production of cosmetics and beauty products is controlled by a handful of multi-national corporations – L'Oréal, Unilever, Procter & Gamble Co., The Estee Lauder Companies, Shiseido Company, and Lancôme to name a few. As of 2021, the French cosmetics company L'Oréal was the leading beauty manufacturer in the world, generating about 34 billion U.S. dollars in revenue that year. The company owns the leading personal care brand worldwide, L'Oréal Paris, valued at 29.5 billion U.S. dollars in 2020.

Influence of social media

The cosmetic industry has benefited from the increasing popularity of social media channels such as Instagram and YouTube. These platforms are not only highly influential amongst certain groups, but create a demand for beauty products and help fill the gap between cosmetics brands and consumers. As of September 2021, Mexican beauty blogger Yuya was the most subscribed beauty content creator on the video platform YouTube with 24.9 million subscribers to her channel. Fashion- and beauty-related content such as makeup and skincare tutorials, cosmetics hauls and product recommendations are among the most popular content on YouTube.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

Interesting statistics

In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Cosmetics Industry".

Statistics on the topic
Revenue of the cosmetics market worldwide 94.2bn USDMake-up share of the cosmetic market worldwide 16%Forecasted market value of skin care worldwide 145.2bn USD

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