Back to All NewsMarketResearch.com: The U.S. Beauty and Cosmetics Market Expected to Exceed $62 Billion in 2016
Posted By American Med Spa Association, Wednesday, January 27, 2016
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The United States has the largest cosmetics market in the world, and its revenue is expected to exceed $62
billion in 2016. MarketResearch.com published a blog post highlighting the top segments of the beauty and cosmetics market.
To learn more, visit the blog: http://hubs.ly/H01WxHh0
The blog covers the major segments of the beauty and cosmetics industry, including:
Make-Up
Fragrances and Perfumes
Skin Care and Lotions
Hair Products
The U.S. make-up market is expected to maintain positive growth through 2018, with an anticipated compound annual growth rate of 3.8% for the five-year period of 2013-2018, reaching $8.4 billion. Similarly, the global fragrances and perfumes market is expected to experience positive growth through 2019, with a compound annual growth rate of 2%.
Skincare is the largest category in the cosmetics industry, accounting for nearly 35.3% of the global market in 2014. The products in the global skincare segment create a $121 billion industry. Hair care products represent a large segment of the beauty market too, with sales reaching $11.6 billion in the U.S. in 2014.
One of the major contributors to the beauty and cosmetics industry is premium products. The global premium cosmetics market is expected to reach over $126 billion by 2019. Companies that are experimenting with this trend include Marc Jacobs and Tom Ford.
billion in 2016. MarketResearch.com published a blog post highlighting the top segments of the beauty and cosmetics market.To learn more, visit the blog: http://hubs.ly/H01WxHh0
The blog covers the major segments of the beauty and cosmetics industry, including:
Make-Up
Fragrances and Perfumes
Skin Care and Lotions
Hair Products
The U.S. make-up market is expected to maintain positive growth through 2018, with an anticipated compound annual growth rate of 3.8% for the five-year period of 2013-2018, reaching $8.4 billion. Similarly, the global fragrances and perfumes market is expected to experience positive growth through 2019, with a compound annual growth rate of 2%.
Skincare is the largest category in the cosmetics industry, accounting for nearly 35.3% of the global market in 2014. The products in the global skincare segment create a $121 billion industry. Hair care products represent a large segment of the beauty market too, with sales reaching $11.6 billion in the U.S. in 2014.
One of the major contributors to the beauty and cosmetics industry is premium products. The global premium cosmetics market is expected to reach over $126 billion by 2019. Companies that are experimenting with this trend include Marc Jacobs and Tom Ford.
