Beauty tech market growth rate in the UK 2021-2026, by segment
According to Statista estimates, the beauty tech market for cosmetics products is expected to grow at a CAGR of 16.7 percent between 2021 and 2026 in the United Kingdom (UK). In the beauty and personal care market, cosmetics was the segment where the highest growth rate was expected, followed by skin care. Beauty tech is defined as purchases driven by AI- and AR-powered softwares and tools, e.g. smart mirrors and virtual try-on apps.