Indian luxury beauty market to double by 2028, according to LUXASIA and Kearney study
The Indian luxury beauty market is expected to double its 2023 market size to reach $1.6bn by 2028 and quadruple to $4bn by 2035.
Prestige beauty sales in US up 8% in first half 2024
Prestige beauty sales in the US rose 8% to $15.3bn in the first half of 2024, according...
Over half of US men use facial skincare products, up 68% from 2022
Over half (52%) of US men use facial skincare products, a 68% rise from 2022 (31%).
US consumers predicted to spend $14bn online for Amazon Prime Day
US consumers are predicted to spend a record $14bn online across the two-day Amazon 2024 Prime Day event.
Prestige beauty sales in US up 9% in Q1
US prestige beauty industry sales revenue increased by 9% in the first quarter, versus the same period in 2023.
Teens’ core beauty wallet reaches highest level since spring 2018
Beauty is still a top priority among Gen Z in the US, according to Piper Sandler’s 47th Semi-Annual Taking Stock With Teens Survey
Beauty consumers want discovery-led, and interactive experiences in-store
Shoppers prefer discovery-led, high-touch and interactive experiences in-store as they look for ways to cut through confusion in the beauty category and overcome choice paralysis.
Key data and trends on French beauty market unveiled at CEW France Beauty Business event
France’s total beauty market saw growth of 5% in value to
Cosmetic Valley highlights economic importance of French beauty industry
French cosmetics cluster Cosmetic Valley has published a study highlighting
Tourism spend up during Chinese New Year
Domestic spend in on tourism in during the Chinese New Year period rose 7.7% over 2019
French cosmetics exports up 10.8% in 2023 to record €21.3bn
For the first time, French cosmetics exports exceeded the €20bn mark in 2023. The industry grew 10.8% to a record €21.3bn.
Prestige beauty sales in US up 14% in 2023
Prestige beauty sales in the US increased 14% year-over-year in 2023 to $31.7bn.
China’s luxury market forecast to grow in mid-single digits in 2024
After an overall rebound in 2023, China’s luxury market is forecast to grow at mid-single-digit in 2024.
International tourism expected to fully recover to pre-pandemic levels in 2024
International tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals.
Holiday season 2023 sees record-breaking online sales in US
Consumers spent $222.1bn online during the 2023 holiday season.
US holiday retail sales up 3.1%
US retail sales (excluding automotive) grew 3.1% year-over-year this holiday season.
The state of the market in 2023
The global beauty market is expected to see growth of around 4% to 5% in 2023, and...
Key data on the beauty market 2022/2023
The beauty world growth by region North America beauty sales 2022 +8% vs 2021North America beauty sales... Cyber Monday sees record-breaking online sales
Consumers in the US spent a total of $12.4bn online on Cyber Monday, up 9.6% year-over-year.
Black Friday online sales reach $9.8bn, up 7.5%
Consumers spent $9.8bn online on Black Friday.
Prestige beauty sales in US up 14% in first nine months
Prestige beauty sales in the US rose by 14% this year through September.
Teens spending more on beauty, according to Piper Sandler survey
While teens in the US are spending less in general, they have increased their spend on beauty,...
Southeast Asia and India highlighted as golden opportunities in LUXASIA & Kearney report
The luxury beauty market in Southeast Asia and India is projected to reach $7.6bn by 2026, according to a report
French cosmetics exports up 15.6% in first five months
The French cosmetics industry is continuing to grow its exports.
Prestige beauty sales in US up 15% in first half
U.S. prestige beauty industry sales amounted to $14bn in the first half of 2023, a 15% increase versus the same period in 2022.
Global luxury goods market set to grow by 12% in 2023, says Bain
The personal luxury goods sector’s momentum continued into the first quarter of 2023, with 9%-11% growth over...
Pierre Fabre says it has created largest dermatology database
Pierre Fabre’s All project Pierre Fabre is to present a large-scale survey, which it claims is the...
6.18 festival sees record number of merchants, says Alibaba, without releasing sales data
Taobao Live rolls out streaming sessions. Photo Credit: Taobao & Tmall Group. Alibaba Group’s Taobao & Tmall...
Bluebell highlights changing Asian consumer habits
Asian distributor and operator Bluebell Group outlined three key trends relating to changes in consumer habits in...