The global cruelty-free cosmetics market was valued at US $6.2 billion in 2023 and is expected to reach approximately US $12 billion by 2032, growing at a CAGR of 7.2% during the forecast period 2023-2032.
Factview Research on September 19, 2024
The global cruelty-free cosmetics market was valued at US $6.2 billion in 2023 and is expected to reach approximately US $12 billion by 2032, growing at a CAGR of 7.2% during the forecast period 2023-2032.
The total medical aesthetic market is estimated to have grown to a peak of USD 34.6 billion in 2023, boosted by rising preferences for aesthetic appearances.
Sarah Schmidt on September 20, 2023
The cosmetics industry is constantly evolving and adapting to changing consumer preferences, advances in technology, and shifting economic conditions. As we look ahead to the next year and beyond, there are several key trends shaping the future of the cosmetics industry.
Sarah Schmidt on August 3, 2023
In a fast-paced, ever-changing world, the consumer goods industry remains at the forefront of innovation. As technology advances and consumer preferences evolve, businesses in this sector must stay ahead of the curve to remain competitive and relevant.
Elena Generalova and Kamran Zamanian on May 9, 2023
The global cosmetology and medical aesthetic market is rapidly evolving, with new trends and insights emerging across different segments. A recent study by iData Research on the $16.5 billion global cosmetology and medical aesthetics market covering 70 countries across 5 continents has revealed interesting trends in areas such as injectables, minimally invasive procedures, and surgical cosmetic implants.
The COVID-19 pandemic greatly influenced consumer behavior for the last two years, but in 2022, the central concern will increasingly be the cost of living, according to research cited in a recent podcast by Mintel titled “The Impact of Inflation on the Cost of Living and Consumer Behavior.”
Sarah Schmidt on October 12, 2021
The global cosmetics and personal care industry took a hit during the COVID-19 pandemic, but industry professionals remain optimistic about the future.
John LaRosa on September 22, 2021
The $8+ billion U.S. nail salons industry, like many other personal services, took a hit last year. The Covid-19 pandemic shuttered many of the nation’s nail salons and revenues plunged.
Marcello Antonioni on October 21, 2020
The latest ExportPlanning estimates for world trade dynamics highlight unfavorable results for the Perfumes and Cosmetics sector, which continued to show bleak performances in Q3-2020, in the aftermath of the Covid-19 shock.
Sarah Schmidt on August 24, 2020
In recent years, the wellness industry has gained widespread popularity for promoting a broad array of products and services related to nutrition, fitness, sleep, yoga, natural remedies, meditation, and self-care.
