Sign Up
Stories
Beauty Market Booms: 2030 Growth
Share
AI Revolutionizing Beauty Shopping
Africa's Booming Beauty Industry
Beauty Device Market Surges: USD 48.8 Bi...
APR Corp. Reports Q3 Growth
Anti-Pollution Ingredients Market Growth
Beauty Industry Booming: Key Insights
Overview
API
The global beauty and wellness products market is set to expand from USD 1,610.5 billion in 2023 to USD 2,765.8 billion by 2030, fueled by the shift towards conscious consumption, pandemic-driven health awareness, and social media impact. Emerging markets like India are witnessing substantial growth, propelled by initiatives such as 'Atmanirbhar Bharat Abhiyan'. The industry is witnessing a rise in male grooming, ageless beauty trends, and a pivot towards wellness offerings, with major players like L'Oréal and Unilever leading the sector.
Ask a question
How could the emphasis on wellness products impact traditional beauty product sales in the future?
How might the beauty industry adapt to sustain growth amidst evolving consumer preferences?
What role does social media play in shaping beauty and wellness product trends globally?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jul 2024
Aug 2024
Sep 2024
Coverage
fortu