What’s happening in the beauty and personal care industry at a global level? Is the industry thriving? And what kinds of products are consumers currently favouring and why? A beauty expert from Euromonitor shares exclusive insights in part I of this big picture look at the cosmetics industry.
At this year’s Cosmetics Europe Annual Conference, Euromonitor beauty & health senior research analyst Emilie Hood shared an in-depth, data-led analysis of the beauty and personal care industry across the globe.
According to Euromonitor’s data, in 2023 the global beauty and personal care industry was valued at ($570bn US dollars), which was up by 9.3% compared to 2022.
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