This report provides a comprehensive overview of the global cosmetics and personal care industry through the 2030 horizon. Based on the data, the industry's global revenue in 2024 is estimated at about 109 billion dollars, and it is forecast to grow by more than 30 billion dollars more by 2030. Key segments including skin care (with revenue of 190 billion dollars in 2024), hair care (94 billion dollars), fragrance (60 billion dollars), and natural cosmetics (14 billion dollars) are all on a path of sustained growth. Alongside them, prestige cosmetics also hold a substantial share of the luxury market and will increase on a gentle slope.
Leading markets include the United States (with more than 101 billion dollars), China (70 billion dollars), and Japan; in Europe, Germany and France also hold the top positions. Large companies such as L'Oréal, Unilever, Estée Lauder, and Procter & Gamble are recognized as the main players. On the other hand, emerging trends such as K-beauty, rising demand for natural and sustainable ingredients, and the expansion of online shopping and "live commerce," especially in China, are shaping the industry's future. The role of social media and influencers in changing consumer patterns is also more prominent than ever.
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Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian