The perfume world is a billion-dollar industry. United Kingdom 6.2.3. The total value of the skincare market in December 2020 was measured at approximately 2.22 billion British pounds, a slight decrease compared to the previous year. Category value growth slows. The global natural cosmetics market was valued over US$ 36 Bn in 2019. . . The global cosmetics market reached a value of US$ 357.5 Billion in 2021. . The UK colour cosmetics market is predicted to reach a value of £2bn this year, up 7.2% from £1.8bn in 2016. France 6.2.4. UK Tax Strategy; The total value of the UK Fragrance market was £1.8bn in 2017, while £1.98bn was the total value of the UK Colour Cosmetics market for that year. It excludes nail varnish remover, medicated products including lip salves and cosmetics hardware such as false eye lashes and nails. Volume growth will remain subdued as shoppers become more conscious about their consumption and rein in unnecessary purchases. 5.4.1 Innovative Applicators and Emerging Market Demand Contribute to Other Skincare Packaging Market Value 5.5. The Chinese cosmetics market is expected to record a value of US$87.64 billion in 2025, increasing at a CAGR of 6%, for the duration spanning 2021-2025. Growth of the market is driven by factors . Figure 6.16 UK . Revenue from natural and organic cosmetics market stood at 221 million GBP in the United Kingdom in 2020. a 'cosmetic product' shall mean any substance or mixture intended to be placed in contact with the various external parts of the human body (epidermis, hair system, nails, lips . Office No. The vegan cosmetics market is anticipated to register a CAGR of 6.5% during the forecasted period (2021-2026). A new market study published by FMI on the male colour cosmetics market offers global industry analysis for 2014-2019 and opportunity assessment for 2019-2029. Value of cosmetics, toiletry and soap exports from the United Kingdom. The global color cosmetics market size value to reach USD 117.9 billion by 2028. 10 UK Market Size Analysis 2016-2026 10.1 UK Organic Cosmetics Value and Market Growth 2016-2021 10.2 UK Organic Cosmetics Sales and Market Growth 2016-2021 10.3 UK Organic Cosmetics Market Value . 6. Companies and brands. % Value 2017-2021 Table 46 LBN Brand Shares of Colour Cosmetics: % Value 2018-2021 Table 47 LBN Brand Shares . Since then, its market value has remained above £9 billion. India cosmetics market was valued USD 13191.23 Million in FY2020 and is forecast to grow at double digit CAGR of 16.39% through FY2026 to reach USD 28985.33 Million by FY2026. Buy a Report of Premium Cosmetics . Competitive Landscape on the UK Natural . The global cosmetics market is segmented on the basis of type, application, and geography. hair care. UK Vegan Cosmetics Market Scope: Vegan cosmetics are cosmetics having ingredients of plant origin. Valued at €76.7 billion at retail sales price in 2020, the European cosmetics and personal care market is the largest market for cosmetic products in the world. 2020 is considered a base year. How big is the perfume industry? Purchase the Beauty and Personal Care in the United Kingdom Country Market Insight as part of our Beauty and Personal Care research for May 2022. Presently, cosmetics have become an indispensable feature of modern lifestyle of individuals. Pune, Nov. 26, 2020 (GLOBE NEWSWIRE) -- The global colour cosmetics market size is expected to reach USD 91,779.1 million by 2027, exhibiting a CAGR of 3.6% during the forecast period. The current natural and organic beauty market is estimated to reach the value of US$ 11,057.1 Mn in 2016, which means that industry analysts expect the market's value to double within the next 8 years. Global Cosmetics Market size was valued US$ 381.1 Bn in 2020 and the total revenue is expected to grow at 5.25% through 2021 to 2027, reaching US$ 545.25 Bn. 10 UK Market Size Analysis 2016-2026 10.1 UK Organic Cosmetics Value and Market Growth 2016-2021 10.2 UK Organic Cosmetics Sales and Market Growth 2016-2021 10.3 UK Organic Cosmetics Market Value . Although accounting for the smallest number of sales, nail make-up was the real star performer of the UK colour cosmetics market in 2011, posting double-digit growth to reach a value of £221 million. Men's facial skincare market value in Great Britain 2010-2020. APAC. Asia Pacific 6.3.1. Overview, Segmentation and Analysis of the UK Natural Cosmetics Market 6.1. Colour Cosmetics in UK by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2021. This is a decrease in market value of around 1.1 million. UK health & beauty spend is forecast to rise by 8.8% out to 2024, equating to an additional £2.0bn. The global halal cosmetics market reached a value of US$ 27.31 Billion in 2021. The 2022 global beauty industry market size is £395.7 billion. However, beginning 2017, the cosmetics market value in the UK is displaying a downward trend, reaching a low of 8.71 billion British pounds. By 2019, the market value regressed slightly compared to the previous. The growth of the United Kingdom skincare market reflects the augmentation of the overall European market, characterized by growing focus on quality and increased presence of regional players. The report covers the present ground scenario and the future growth prospects of the cosmetics industry for 2017-2025 along with the market players' analysis. Increasing customer awareness and expenditure on cosmetics is a factor driving the growth of the colour cosmetics industry. United Kingdom T: + 44 (0) 20 8123 9659 D: +44 (0) 20 3287 4268. The cosmetics boom in the UK happened in 2017, when the sector's market value reached a staggering 9.8 billion British pounds. The worldwide skincare, beauty and cosmetics industry is predicted to be worth over $675 billion by 2020. The Market structure covers the value chain, player categories, product ranges, key players' presence across products and end user segments of the market. This market covers eye, face, lip and nail colour cosmetics for women. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect . The UK's beauty . Asia and Oceania held a combined 39% of the total cosmetic market back in 2018. This contains 5 years of historical data and five-year forecasts. Indeed, research shows users of nail varnish have risen from 52% of women in 2007 to an impressive 61% in 2011. Top Male skincare market value in the United Kingdom (UK) 2017, by product type. There are almost 1 million Americans employed in the service segments of the cosmetics industry. How big is the perfume industry? Profiles of the Main Players on the UK Natural Cosmetics Market 6.4. Robust and transparent research methodology, conducted in-country. The UK cosmetic surgery market is estimated at around £273m (US$345m) in 2017, however estimates for the non-surgical market suggest it could be worth in excess of £3bn (US$3.8bn) within the next five years. According to Mintel, the market is also on track for rapid growth over the next five years, anticipated to grow by 36% to £2.5bn by 2021. This market report covers the hair care market size, market forecast, market segmentation and industry trends for the Women's Haircare market in the UK. The largest national markets for cosmetics and personal care products within Europe are Germany (€14 billion), France (€11.5 billion), the UK (€9.8 billion), Italy (€9.7 . Market size for Colour Cosmetics in UK is given in GBP with a minimum of five years' historical . . Decorative Cosmetics Packaging Market Forecast 2013-2023 . Cosmetic tubes market will reach an estimated valuation of USD 3.56 Billion by 2027, while registering this growth at a rate of 4.90% for the forecast period of 2020 to 2027. According to London-based analysts…. TABLE 153 MEA Natural Cosmetics Market Value (US$ Mn) & Volume, By Sales Channel 2019-2027 . In addition, growth in consciousness about external beauty along with individual's . New research on the UK cosmetic surgery market from LaingBuisson suggests that demand for cosmetic surgery has softened since the global . ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office . Color cosmetics are the combination of chemicals used for enhancing the appearance or imparting aroma to the human body. Future Market Insights. The global perfume market alone was worth $30.6 billion in 2019. Airports are key retail hubs: 24% of UK consumers, who visited an airport in the last year, bought products while they were there, spending £650m on Tax Free Beauty. Five year forecasts of market trends and market growth. (GlobeNewswire) Cosmetic industry statistics worldwide estimate the market value to reach $46.1 billion by 2023, at a CAGR growth rate of 10.8%. Rest of Europe 6.3. The report offers a broad assessment of the most significant market dynamics. Factors such as a growing female population . . The UK Women's Haircare report identifies consumer attitudes towards women's haircare and styling products, product innovations in women's haircare, and purchase intentions in the UK. in the UK, U.S. and India. Figure 1: Best- and worst-case forecast of UK retail value sales of colour cosmetics, 2013-23. The UK beauty industry is valued at £12.14 billion in 2022. Cosmetic tubes market . The vegan cosmetics market is a competitive market, with some of the players operating in the market are Loreal SA, Coty Inc., MuLondon, Billy Jealousy, and Beauty Without Cruelty. Cosmetics Market Scope: Cosmetics Markets in China May 2021 $ 4000 Cosmetic Packaging Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Material, and Application March 2022 $ 4550 Cosmetic Products Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) October 2021 $ 3250 The current market is worth £40 billion, and perfume sales alone brought £ . These cosmetics include facial make up products, nail care . Research by Mintel has revealed that in 2012, for the first time, the value of the UK nail colour market equalled that of lip colour, with both posting a market value of £229m. The UK cosmetics products market is projected to register a CAGR of 4.12% during the forecast period (2022-2027). Women aged 18 to 34 are the biggest portion of the cosmetics market, and they are more likely to be buying more than 10 types of products a year. Indeed, the diverse range of goods and services produced, and the lack of recognition in official industry classifications, means there has been no fixed definition of what the Top companies covered in the colour cosmetics market are L'Oréal S.A (Clichy, France), Unilever (London, UK), Avon Products Inc. (London, UK), Estée Lauder Inc (New . Looking forward, the publisher expects the market to reach US$ 508.3 Billion by 2027, exhibiting a CAGR of 5.95% during . The global cosmetics market size was valued at $380.2 billion in 2019, and is projected to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027. The report provides a quantitative analysis of the current market and estimation through 20172025 to elucidate different opportunities. The UK organic beauty industry has recorded 10 years of sales growth, with sales in 2020 standing at £120 million. Market value . 401-A, 4th Floor, . Color cosmetics have wide applications in nail products, lip products, eye make-up, facial make-up, and other. The perfume world is a billion-dollar industry. for high share of the global market value. The bare facts are that we lost over £137m in sales (total market down 1.6% year-on-year), with a drop of 147 million packs (-5.5% year-on-year). Value and Dynamics of the UK Natural Cosmetics Market in 2016-2020 6.2. The projections in the report are made by analyzing the current and future market . Trends and Insights of the UK Natural Cosmetics Market 6.3. The Colour Cosmetics in United Kingdom report includes: Analysis of key supply-side and demand trends Detailed segmentation of international and local products Historic volume and value sizes, company and brand market shares Five year forecasts of market trends and market growth Robust and transparent research methodology, conducted in-country % Value 2017-2021 Table 46 LBN Brand Shares of Colour Cosmetics: % Value 2018-2021 Table 47 LBN Brand Shares . Purchase the Beauty and Personal Care in the United Kingdom Country Market Insight as part of our Beauty and Personal Care research for May 2022. It provides in-depth analysis of the latest macroeconomic and consumer trends affecting the UK Health & Beauty sector including market size estimates for: Cosmetics, Toiletries, OTC medication, Fragrances, Hair Products, Paper Products, Babycare, Personal Grooming and more. 3.1 China Cosmetic Market by Value 3.2 China Cosmetic Market Forecast by Value 3.3 China Cosmetic Market by Product Type 3.3.1 China Skincare Market by Value 3.3.2 China Skincare . The MarketWatch News Department was not involved in the creation of this content. To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. GB Market - The Cosmetic Industry in Figures International Trade - The UK in the Global Landscape European Market Cosmetic products can be divided into five main categories: perfumes and fragrances decorative cosmetics (make-up) skin care hair care toiletries Contacts. In the UK, the beauty industry employs over a million people and is worth £17 billion. After conducting in-depth research on the historic as well as current growth factors of the male colour cosmetics market, growth prospects of the market have . . As seen in the present graph, the leading category in this market was cosmetic facial care with a sales value of around one billion. That year, approximately 255.8 million British pounds worth of cosmetics were exported from the UK to the European Community. The sales value for perfumes in the United Kingdom sat at £1.6 billion in 2020, with the fragrance section accounting for around 2.5% of the total market share for the cosmetics industry. Five Forces Analysis 6.5. . TABLE 152 MEA Natural Cosmetics Market Value (US$ Mn) & Volume, By Sales Channel 2013-2018. Strong rise in NPD in 2018. The market value of the skin care. After a very tough 2020 for much of the toiletries and cosmetics industry, 2021 proved to be another challenging year with a few notable exceptions. decorative cosmetics (make-up) skin care. Figure 39: The UK Cosmetics Market Size by Volume Forecasted, 2019E-25E (Million Units) Figure 40: The UK Cosmetics Market Share by Category (2018) Figure 41: The UK Cosmetics Market Share by Distribution Channel (2018) Figure 42: Germany Cosmetics Market Size by Value, 2014-18 (US$ Billions) Consumer data is based on our 2019 How Britain Shops survey, using a panel of 10,000 nationally representative consumers. The global cosmetics market size was valued at $380.2 billion in 2019 and is projected to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027. The colour cosmetics category saw a 22% decline in value in 2020 as the pandemic wiped out usage occasions, however, 45% of female makeup buyers continued to use makeup even when not leaving the house and 45% purchased a new product that they hadn't bought before. 5. Anticipated growth in the market can be attributed to growing disposable income leading to increasing purchasing power of the people. Frequency of face creams and lotions usage for men in Great Britain 2020 attempt to quantify the value that the beauty industry creates for the UK economy - either in terms of its contribution to GDP, or the jobs it sustains. Market value is based on sales through all retail channels including direct to consumer and selective outlets. Related Reports. Detailed segmentation of international and local products. The COVID-19 pandemic has put pressure on the demand and supply chain of beauty and cosmetics products in the United Kingdom. Meanwhile, Europe was found to have the largest cosmetics market value at €77.6bn in 2017, pipping both the American and Chinese markets to the post The UK cosmetics market has been named the third largest in the UK, with a value of €11.1bn in 2017, according to European trade association firm Cosmetics Europe. The sales value for perfumes in the United Kingdom sat at £1.6 billion in 2020, with the fragrance section accounting for around 2.5% of the total market share for the cosmetics industry. NPD drives value sales of brands. The Statista Consumer Market Outlook estimate that this figure will rise to 339 million. The global fragrance industry will be worth $47.9 billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.06 Billion by 2027, exhibiting at a CAGR of 11.85% during 2022-2027. The cosmetics boom in the UK happened in 2017, when the sector's market value reached a staggering £9.8 billion. The global hair care market will be worth $97.38 billion in 2022. Feb 24, 2022 (The Expresswire) -- Global "Makeup/Cosmetics Market" Size is growing at a moderate pace with . View Sample Report. The United Kingdom skincare market is forecasted to reach USD 24.37 billion by 2024 growing at a CAGR of 5.2% during the forecast period (2019-2024). Euromonitor International is the leading provider of strategic market research reports. Figure 2: New product development in the colour cosmetics category, by sub-category, January 2016-March 2019. This report presents a strategic analysis of the US high-end fragrances market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. Global Color Cosmetics Market was valued at $5,875 million in 2016, and is projected to reach $9,555 million by 2023, registering a CAGR of 7.4% from 2017 to 2023. European Market. 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