Revenue in the Cosmetics segment amounts to US$1.74bn in 2023. The market is expected to grow annually by 2.46% (CAGR 2023-2027).
In global comparison, most revenue is generated in the United States (US$19,430.00m in 2023).
In relation to total population figures, per person revenues of US$33.79 are generated in 2023.
By 2023, 76% of sales in the Cosmetics segment will be attributable to Non-Luxury goods.
The Cosmetics segment covers decorative cosmetics for the face, lips, eyes, nails and natural cosmetics. Excluded are products applied to the skin for cleansing and care. Cosmetics includes products such as makeup, lipsticks, mascara and nail polishes.