Beauty tech market revenue worldwide 2021-2026

The worldwide market for beauty tech-driven purchases is estimated to have generated a revenue of approximately 3.77 billion U.S. dollars in 2021. United States, China, France, Germany, South Korea, United Kingdom (UK), and Japan were included in the estimation of this market. According to Statista estimates, the revenue of the beauty tech market, which includes cosmetics, skin care, and personal care products, is forecast to increase continuously over the next five years, reaching to about 8.93 billion U.S. dollars by 2026.

Estimated worldwide revenue of the beauty tech market in 2021, with a forecast up to 2026 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
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Release date

February 2022

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Region

Worldwide

Survey time period

2022

Supplementary notes

Rounded figures. Worldwide refers to the market revenue of the beauty tech market in the following seven countries: United States, China, France, Germany, South Korea, United Kingdom, and Japan.

About methodology: Beauty tech is defined as cosmetics, skincare, and personal care products purchased by consumers that have used beauty- and personal care- specific software prior finalizing their purchase. Beauty and personal care software include mobile applications for smartphones and tablets (e.g., apps for virtually trying-on cosmetics) and AI-powered devices (e.g., smart mirrors, make-up personalizing devices). The revenue estimates and forecasts build on Statista’s primary research (Global Consumer Survey on Beauty and Cosmetics) and other primary data from the Statista platform as well as third-party data sources, through which short- and long-term market trends are observed.

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