Is Makeup More Expensive In The Uk

During recessions, there'southward a phenomenon known as the 'lipstick effect'. It refers to people occasionally ownership smaller treats similar lipstick instead of splurging on bigger and more expensive items. This theory is based on the idea that consumers would ever observe the means to purchase luxury appurtenances regardless of the economic situation.

Merely due to face masks, even lipstick sales took a plunge. Luckily, our need for beauty and health products remains strong. And so, when in 2021, the restrictions relaxed a scrap, customers started investing in their new and improved self-care routines.

Read our beauty industry statistics to find out the newest trends and developments in the sector.

Facts About the Beauty Industry (Editor's Choice)

• The UK beauty industry is valued at £12.14 billion in 2022.
• The 2022 global dazzler industry marketplace size is £395.seven billion.
• Ecommerce will business relationship for 25.4% of the global beauty and personal care market sales in 2022.
• The global fragrance industry will be worth $47.9 billion in 2022.
• The global hair care market place will exist worth $97.38 billion in 2022.
• The global skincare market size is estimated at £107.46 billion in 2022.
• The UK organic cosmetics marketplace size is expected to grow to £339 one thousand thousand past 2025.
• Globally, waterless cosmetics sales are expected to grow at a 13.iii% charge per unit betwixt 2021 and 2031.

Dazzler Industry Statistics for the Uk

i. The UK dazzler industry is valued at £12.14 billion in 2022.

(CTPA, Statista)

The cosmetics industry in the UK is the third-largest in Western Europe. Statistics testify that the UK, along with Germany and France, is among the biggest cosmetics markets.

2. Cosmetics industry statistics reveal the UK skincare market size will be worth £3.064 billion in 2022.

(Statista, Premium Beauty News)

Beauty industry statistics for the UK evidence that the market's largest segment is facial care, estimated at £2.166 billion in 2022. Information technology has gained even more attention since the beginning of the pandemic, every bit consumers focused more than on cocky-care. Namely, xxx% of customers started using moisturiser more often in 2020.

three. The UK natural beauty market is expected to accomplish £208.half-dozen 1000000 in 2022.

(Statista, Mordor Intelligence)

Natural cosmetics industry statistics show that the market is expected to keep growing at a 7.51% annual rate between 2022 and 2026. The products are gaining popularity due to shoppers' increased business organization with certain ingredients' environmental and health effects.

While 34% of customers prefer organic products, 44% buy them occasionally, with their choices differing from product to product.

4. The Britain beauty industry loses £ii.nine billion a year past ignoring Black, Asian, and multi-ethnic consumers' needs.

(Professional person Dazzler)

According to The Black Pound Report 2022: A Study of the Multi-Ethnic Consumer, 59% of Blackness, Asian and multi-indigenous customers report they're more probable to buy brands with inclusive product ranges. However, they also report that there still aren't plenty options bachelor.

five. 73.ix% of UK households bought Colgate products.

(Statista)

Health and dazzler industry statistics for the United kingdom show Colgate was the brand with the highest penetration rate in the country and the world in 2020 when the last research was done. Information technology was followed by Nivea at 61.4%, and Dove, with 57.6% of U.k. households.

6. Last yr, the virtually popular wellness and dazzler brand in the UK was Dettol.

(Statista)

Beauty industry statistics for 2021 prove in the UK, the hygiene brand Dettol is the most popular option, with 84% of respondents having a favourable opinion of its products. Oral-B, Colgate, and Boots are also among the virtually commonly chosen brands.

Global Beauty Industry Statistics for 2021

7. The 2022 global dazzler industry marketplace size is £395.7 billion.

(Statista)

This means that the average person will spend £51.98 on cosmetics and personal care this yr. When it comes to the manufacture'southward future, stats show the beauty industry's worth is expected to grow by 3.76% per year betwixt 2022 and 2026.

eight. Ecommerce will account for 25.four% of the global beauty and personal care market sales in 2022.

(Statista, L'Oreal)

Beauty industry statistics testify that online sales increased by around xl% globally in 2020. The trend continued in 2021, and with the United kingdom of great britain and northern ireland being the ane of the largest ecommerce markets in the world, it's non surprising that 40.five% of all beauty and personal care sales in the UK are expected to happen online. According to the latest ecommerce information, the rise has been axiomatic in all industries.

9. The global fragrance industry will be worth $47.nine billion in 2022.

(Statista)

Perfume industry statistics bear witness that the fragrance market is constantly growing. In 2021, its worth was estimated at $46.5 billion. The sector likewise includes deodorant and other fragrances.

10. The prestige cosmetics and fragrances market volition reach £57.4 billion in 2022.

(Statista)

The prestige fragrance and cosmetic industry growth is estimated at 5.xviii% annually between 2022 and 2025. Considering of the increasing need for cocky-care in times of crunch, luxury shopping has evolved.

Pilus Intendance Industry Statistics

11. The global hair care market place will be worth $97.38 billion in 2022.

(Statista)

In 2021, the hair care market was estimated at $94.92 billion. Although it experienced a slight dip that year, it'south expected to attain $105.14 billion past 2028. When information technology comes to Europe, cosmetics industry statistics predict its hair care marketplace will reach $21.59 billion this year.

12. The global shampoo market will accomplish $39.2 billion by 2027.

(Globe Newswire, Grand View Inquiry)

According to the latest available stats, the global shampoo marketplace was worth $35.one billion (2020). Until 2027, the market place is expected to grow at a CAGR of 1.6%. The global improvement in living conditions will bulldoze the demand for the product in general. Similarly, solid shampoo volition get more popular due to its reduced ecology impact.

13. The dry shampoo market is estimated at approximately $two.58 billion in 2022.

(Statista)

Dry shampoo is increasing in popularity due to people'due south lifestyles becoming more hectic and the ascent demand for waterless products. Consequently, the market is estimated to reach $3.five billion past 2027.

14. Pilus colour industry statistics show that colourants make up 19.94% of the hair care industry.

(Fortune Business organization Insights, Mordor Intelligence)

After shampoo, hair dyes are the side by side largest segment in the hair care industry. As more immature people dye their hair, the global market place is expected to keep growing. In Europe, the industry is projected to expand at a 4.ane% rate, equally almost seventy% of women and ten% of men utilise such products.

15. Black consumers spend thirteen times more than on pilus extensions than White consumers.

(Forbes)

Blackness dazzler industry statistics also prove that Black consumers spend much more than on hair care in general than Whites. Notwithstanding, the market's response is even so underwhelming, as customers are still not finding the right product.

Skincare Manufacture Statistics

16. Skincare products accounted for 42% of the cosmetic market place in 2020.

(L'Oreal)

Skincare products have the largest market share of all beauty industry segments. It'due south followed by hair care at 22% and makeup at 16%. Hygiene and fragrances come next, with equal shares of 10%.

17. The global skincare market size is estimated at £107.46 billion in 2022.

(Statista)

Skincare market statistics show that the market is expected to grow at a iv.18% rate, particularly as more and more than younger consumers use such products. It volition further focus more on natural products, underskin intendance and skinimalism.

18. In 2022, the largest global skincare market is the U.s.a..

(Statista)

This yr, the United states of america volition bring in £14.03 billion in revenue, accounting for 24% of the earth's skincare market. Information technology is closely followed by Japan, with £13.56 billion. People's republic of china comes in 3rd with £11.69 billion.

Makeup Industry Statistics

19. The global makeup market was estimated at $42.7 billion in 2020.

(Business organization Wire)

Every bit the makeup manufacture recovers after the pandemic in 2021, it's expected to keep growing by 2026. A dazzler industry report states that foundation is the nigh popular product.

xx. Makeup sales roughshod by 40% in 2020 compared to 2019.

(NPD)

Makeup sales statistics portray a sharp drib in 2020. For example, lip makeup sales fell past a dramatic 50%. Shoppers had fewer reasons to purchase such products, with stay-at-dwelling orders and focusing on skincare rather than makeup.

21. The global lips cosmetic market place revenue will reach £thirteen.79 billion in 2022.

(Statista)

Dazzler industry statistics for 2022 evidence that the average spend per capita on lip cosmetics in 2022 volition be £1.81. In the UK, the average person will spend £4.14 on lip cosmetics. At the same time the lip cosmetics market in the United kingdom of great britain and northern ireland volition reach £283 one thousand thousand.

22. Sales of makeup products returned to 78% of their 2019 levels in May 2021.

(NPD)

In 2020, 60% of makeup users said they were wearing less makeup than before the pandemic. Equally the situation gradually improved, with Covid-19 affecting the dazzler industry less in 2021, the market recovered somewhat. Interestingly enough, simply 61% of consumers say they would render to their pre-pandemic makeup-wearing habits once the crisis is over.

Dazzler Advertising Statistics

23. The beauty industry's digital advertising spending increased past 2.8% in 2020.

(Brand Disinterestedness)

On average, beauty brands spent 34.1% of their budgets on digital ad in 2020. That is significantly less than the 53.1% typical for the marketplace in full general. Beauty brands spent 42.2% of their budgets on television advert or 1.half dozen times more than brands in general.

A beauty industry assay reports that 18.3% of advertisement budgets went to magazines, which is 4.3 times more compared to other brands. All in all, dazzler brands are expected to speed upwardly their implementation of digital advertising. In 2020, they made a notable 2.viii% stride towards this goal.

24. In 2022, the dazzler industry will spend $vii.vii billion on advertising.

(Statista)

Each yr, the beauty industry spends more than on advertising. For comparison, in 2021, the beauty and personal luxury manufacture spent around $7.five billion.

New Trends in the Cosmetic Industry

25. In 2020, the most pop brands in Europe were Nivea, Colgate, and Dove.

(Statista)

Consumer accomplish points determine the number of households that bought the product and the frequency of purchase. Wellness and dazzler industry statistics show that Nivea is immensely popular among European consumers.

The latest stats show the German brand reached 546 1000000 consumers. Colgate followed with 465 million and Dove, with 305 one thousand thousand.

26. 51% of the beauty brands will implement digital strategies to adapt to the new 'phygital' reality.

(Euromonitor, L'Oreal, Olay)

The near oft mentioned technical innovation is the virtual effort-on. The pandemic encouraged retailers to introduce it, and 20% of The states retailers currently wish to implement it. Before the pandemic, just 8% of retailers said the same.
Some other example of beauty industry business organization trends we can wait presently is Olay's Skin Advisor App. The AI-powered app helps consumers understand their pare blazon and potential problem areas and suggests solutions.

27. Consumers increasingly seek out sustainable beauty products.

(PowerReviews)

This is true across all generations, but more then amidst the younger consumer bases. A noteworthy 86% of Gen Z and 80% of Millennials list sustainability as a significant shopping cistron.

28. Globally, waterless cosmetics sales are expected to abound at a xiii.3% rate between 2021 and 2031.

(Future Market Insights)

Hair and beauty industry statistics for the UK testify that waterless cosmetics are here to stay. The sales of products, such as shampoo bars and balms, are expected to abound at a iv.half dozen% rate. The appeal of waterless cosmetics is that they're more than full-bodied, last longer, and often don't require plastic or any packaging at all.

29. 45% of consumers find new dazzler purchase inspiration on social media.

(PowerReviews)

The younger the base, the more influential social media becomes. 52% of Millennials and 63% of Gen Z utilise social media to detect new products. Beauty industry statistics evidence 56% of consumers say the influencers they follow bear on their selection.

The presence of beauty brands on social media is essential. For example, people in the UK spend around 53 minutes a twenty-four hour period only on Instagram.

30. Yuya is the near popular beauty content creator on YouTube, with 24.eight meg subscribers.

(Statista, L'Oreal)

Just in 2018, beauty content on YouTube had a mesmerising 169 billion views. Social media is proving to be essential and not only for marketing purposes. Dazzler tutorials and live streaming played a decisive function in preserving the beauty industry during the pandemic.

For case, lxx% of millennials watched an online tutorial last year, paving the way for social commerce to rule the dazzler manufacture's hereafter.

Determination

Beauty industry statistics show that 2021 was a year of recovery and accommodation for the industry. The changes that accelerated last year are expected to take root and become more ingrained in our beauty shopping habits.

For example, social commerce is already indispensable, and beauty brands cover AI, virtual try-on, and ecommerce more than ever. At the same time, environmental concerns are driving new trends, and the industry in 2022 is trying to conform to a new reality that is more than digital, more sustainable and more transparent.

FAQ

Source: https://fashiondiscounts.uk/beauty-industry-statistics/

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