U.S. Cosmetics MarketU.S. Cosmetics Market Strategic Roadmap: Analysis and Forecasts 2024-2032
U.S. Cosmetics Market by Category (Hair Care, Skin Care, Makeup, Others), by Gender (Men, Women), by Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, Online Channels, Others), by Forecast 2024-2032
Base Year: 2023
120 Pages
U.S. Cosmetics Market Strategic Roadmap: Analysis and Forecasts 2024-2032
Key Insights
The U.S. Cosmetics Market size was valued at USD 313.22 USD billion in 2023 and is projected to reach USD 403.93 USD billion by 2032, exhibiting a CAGR of 3.7 % during the forecast period. Cosmetics are substances, primarily for external use, which are intended to alter the appearance of the skin or give it a pleasant smell. It comprises products like skincare products, hair care products, cosmetics, and fragrances. Cosmetic products such as lotions, soap, and creams can be used to maintain the health of the skin. Hair care products include shampoos, conditioners, and styling products for hair that help keep the hair clean, manageable and styled. Some of these accessories are cream blush, lipstick, mascara and eyeshadow which are used to enhance the face. This product is in the fragrance category and they have the objective of offering the required smell as that of perfumes and deodorants. Skincare and hair products contain elements like vitamins, antioxidants, and natural extracts to maintain and repair skin and hair. They are used in everyday contexts as well as in special events, enabling people to assert fashion identity and self-esteem. Some benefits of tattoos may include; having healthy skin, personal appearance, and the ability to express themselves. The use of cosmetics also has some psychological what seem to be positive effects, such as body image and self-confidence. It can therefore be seen that they have a very important function in the daily grooming regimes as well as the cosmetic business.
U.S. Cosmetics Trends
- Growing consumer awareness of skin and hair health
- Rising demand for natural and organic cosmetics
- Surge in online cosmetics sales
- Increasing popularity of skincare and makeup products for men
Driving Forces Propelling the U.S. Cosmetics Market
- Aging population: Growing concerns about aging drive demand for anti-aging products.
- E-commerce boom: Online platforms provide convenience and a wider product range.
- Social media influence: Influencers and social media campaigns shape consumer preferences.
- Technological advancements: Innovations in packaging, formulations, and delivery systems enhance product appeal.
Challenges and Restraints in the U.S. Cosmetics Market
- Regulatory compliance: Strict regulations on ingredients and safety can inhibit market growth.
- Competition from global brands: International companies pose strong competition for domestic players.
- Supply chain disruptions: Global crises can impact the availability and pricing of raw materials.
Emerging Trends in U.S. Cosmetics
- Personalization: Custom-made products tailored to individual skin and hair needs.
- Multipurpose products: Products that serve multiple purposes, such as skincare with makeup benefits.
- Sustainability: Increasing focus on eco-friendly packaging and ingredients.
- Advanced technologies: Utilization of artificial intelligence (AI) and augmented reality (AR) for virtual try-ons and product recommendations.
Growth Catalysts in the U.S. Cosmetics Industry
- Technological innovations: Adoption of AI and AR to enhance customer experiences.
- Government support: Initiatives to promote domestic cosmetics production and innovation.
- Increasing disposable income: Rising consumer spending power fuels market growth.
Market Segmentation: U.S. Cosmetics Analysis
Category:
Gender:
- Men
- Women
Distribution Channel:
- Specialty Stores
- Hypermarkets/Supermarkets
- Online Channels
- Others
Leading Players in the U.S. Cosmetics Market
- L’Oréal Professional (France)
- Unilever (U.K.)
- Procter & Gamble (U.S.)
- Henkel AG & Co. KgaA (Germany)
- Revlon, Inc. (U.S.)
- Shiseido Co., Ltd. (Japan)
- Coty Inc. (U.S.)
- Natura & Co. (Brazil)
- Kao Corporation (Japan)
Significant Developments in the U.S. Cosmetics Sector
- Collaboration: Partnerships between cosmetics companies and technology providers to enhance consumer experiences.
- Sustainability initiatives: Efforts to reduce environmental impact throughout the supply chain.
- New product launches: Introduction of innovative and specialized products to meet evolving consumer needs.
Comprehensive Coverage U.S. Cosmetics Market Report
The U.S. cosmetics market report delivers comprehensive insights into the dynamic and evolving industry, encompassing:
- Market Overview: Comprehensive historical and projected market data, capturing market size, growth rates, and key drivers.
- Competitive Landscape: In-depth analysis of competitive dynamics, market share distribution, and the strategies adopted by leading players.
- Consumer Segmentation: Explorations into consumer demographics, preferences, and behavior patterns to identify target audiences and marketing strategies.
- Regional Analysis: Regional market size analysis, growth projections, and insights into regional market dynamics and opportunities.
- Industry Challenges and Opportunities: Identification of key industry challenges and potential growth opportunities, providing actionable insights for businesses.
- Future Market Outlook: Analysis of emerging trends, technological advancements, and the anticipated impact on the U.S. cosmetics market in the coming years.
- Appendix: Detailed tables, charts, and data to support the market insights and analysis presented in the report.
Regional Insight
Major regional markets include:
- Northeast
- Midwest
- South
- West
Consumer Side Analysis
- Understanding consumer demographics and psychographics
- Identifying consumer needs and preferences
- Analyzing consumer spending patterns
DROCs in the Market
- Direct Research Organization Contribution
- Access to experts in the cosmetics industry
- Comprehensive data collection and analysis
Acquisitions and Mergers
- Notable acquisitions and mergers in the U.S. cosmetics market
- Impact of these transactions on market dynamics
U.S. Cosmetics Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 3.7% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Demand for Bath Towels from End-use Industries to Propel the Market Growth
- 3.3. Market Restrains
- 3.3.1. Use of Synthetic Products May lead to Skin Problems and Hinder Market Growth
- 3.4. Market Trends
- 3.4.1. Dental Spas to Add Impetus to Industry Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Cosmetics Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Category
- 5.1.1. Hair Care
- 5.1.2. Skin Care
- 5.1.3. Makeup
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast - by Gender
- 5.2.1. Men
- 5.2.2. Women
- 5.3. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.3.1. Specialty Stores
- 5.3.2. Hypermarkets/Supermarkets
- 5.3.3. Online Channels
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1.
- 5.1. Market Analysis, Insights and Forecast - by Category
- 6. Northeast U.S. Cosmetics Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Category
- 6.1.1 Hair Care
- 6.1.2 Skin Care
- 6.1.3 Makeup
- 6.1.4 and Others
- 6.2. Market Analysis, Insights and Forecast - By Gender
- 6.2.1. Men and Women
- 6.3. Market Analysis, Insights and Forecast - By Distribution Channel
- 6.3.1 Specialty Stores
- 6.3.2 Hypermarkets/Supermarkets
- 6.3.3 Online Channels
- 6.3.4 and Others
- 7. Southeast U.S. Cosmetics Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Category
- 7.1.1 Hair Care
- 7.1.2 Skin Care
- 7.1.3 Makeup
- 7.1.4 and Others
- 7.2. Market Analysis, Insights and Forecast - By Gender
- 7.2.1. Men and Women
- 7.3. Market Analysis, Insights and Forecast - By Distribution Channel
- 7.3.1 Specialty Stores
- 7.3.2 Hypermarkets/Supermarkets
- 7.3.3 Online Channels
- 7.3.4 and Others
- 8. Midwest U.S. Cosmetics Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Category
- 8.1.1 Hair Care
- 8.1.2 Skin Care
- 8.1.3 Makeup
- 8.1.4 and Others
- 8.2. Market Analysis, Insights and Forecast - By Gender
- 8.2.1. Men and Women
- 8.3. Market Analysis, Insights and Forecast - By Distribution Channel
- 8.3.1 Specialty Stores
- 8.3.2 Hypermarkets/Supermarkets
- 8.3.3 Online Channels
- 8.3.4 and Others
- 9. Southwest U.S. Cosmetics Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Category
- 9.1.1 Hair Care
- 9.1.2 Skin Care
- 9.1.3 Makeup
- 9.1.4 and Others
- 9.2. Market Analysis, Insights and Forecast - By Gender
- 9.2.1. Men and Women
- 9.3. Market Analysis, Insights and Forecast - By Distribution Channel
- 9.3.1 Specialty Stores
- 9.3.2 Hypermarkets/Supermarkets
- 9.3.3 Online Channels
- 9.3.4 and Others
- 10. West U.S. Cosmetics Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Category
- 10.1.1 Hair Care
- 10.1.2 Skin Care
- 10.1.3 Makeup
- 10.1.4 and Others
- 10.2. Market Analysis, Insights and Forecast - By Gender
- 10.2.1. Men and Women
- 10.3. Market Analysis, Insights and Forecast - By Distribution Channel
- 10.3.1 Specialty Stores
- 10.3.2 Hypermarkets/Supermarkets
- 10.3.3 Online Channels
- 10.3.4 and Others
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 L’Oréal Professional (France)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Unilever (U.K.)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Procter & Gamble (U.S.)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Henkel AG & Co. KgaA (Germany)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Revlon Inc. (U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Shiseido Co. Ltd. (Japan)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Coty Inc. (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Natura & Co. (Brazil)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Kao Corporation (Japan)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.1 L’Oréal Professional (France)
List of Figures
- Figure 1: U.S. Cosmetics Market Revenue Breakdown (USD billion, %) by Product 2023 & 2031
- Figure 2: U.S. Cosmetics Market Value Share (%), by Category 2023 & 2031
- Figure 3: U.S. Cosmetics Market Value Share (%), by Gender 2023 & 2031
- Figure 4: U.S. Cosmetics Market Value Share (%), by Distribution Channel 2023 & 2031
- Figure 5: U.S. Cosmetics Market Share (%) by Company 2023
List of Tables
- Table 1: U.S. Cosmetics Market Revenue USD billion Forecast, by Category 2018 & 2031
- Table 2: U.S. Cosmetics Market Volume K Units Forecast, by Category 2018 & 2031
- Table 3: U.S. Cosmetics Market Revenue USD billion Forecast, by Gender 2018 & 2031
- Table 4: U.S. Cosmetics Market Volume K Units Forecast, by Gender 2018 & 2031
- Table 5: U.S. Cosmetics Market Revenue USD billion Forecast, by Distribution Channel 2018 & 2031
- Table 6: U.S. Cosmetics Market Volume K Units Forecast, by Distribution Channel 2018 & 2031
- Table 7: U.S. Cosmetics Market Revenue USD billion Forecast, by Region 2018 & 2031
- Table 8: U.S. Cosmetics Market Volume K Units Forecast, by Region 2018 & 2031
- Table 9: U.S. Cosmetics Market Revenue USD billion Forecast, by Category 2018 & 2031
- Table 10: U.S. Cosmetics Market Volume K Units Forecast, by Category 2018 & 2031
- Table 11: U.S. Cosmetics Market Revenue USD billion Forecast, by Gender 2018 & 2031
- Table 12: U.S. Cosmetics Market Volume K Units Forecast, by Gender 2018 & 2031
- Table 13: U.S. Cosmetics Market Revenue USD billion Forecast, by Distribution Channel 2018 & 2031
- Table 14: U.S. Cosmetics Market Volume K Units Forecast, by Distribution Channel 2018 & 2031
- Table 15: U.S. Cosmetics Market Revenue USD billion Forecast, by Region 2018 & 2031
- Table 16: U.S. Cosmetics Market Volume K Units Forecast, by Region 2018 & 2031
- Table 17: U.S. Cosmetics Market Revenue USD billion Forecast, by Category 2018 & 2031
- Table 18: U.S. Cosmetics Market Volume K Units Forecast, by Category 2018 & 2031
- Table 19: U.S. Cosmetics Market Revenue USD billion Forecast, by Gender 2018 & 2031
- Table 20: U.S. Cosmetics Market Volume K Units Forecast, by Gender 2018 & 2031
- Table 21: U.S. Cosmetics Market Revenue USD billion Forecast, by Distribution Channel 2018 & 2031
- Table 22: U.S. Cosmetics Market Volume K Units Forecast, by Distribution Channel 2018 & 2031
- Table 23: U.S. Cosmetics Market Revenue USD billion Forecast, by Country 2018 & 2031
- Table 24: U.S. Cosmetics Market Volume K Units Forecast, by Country 2018 & 2031
- Table 25: Northeast U.S. Cosmetics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 26: Northeast U.S. Cosmetics Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 27: Southeast U.S. Cosmetics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 28: Southeast U.S. Cosmetics Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 29: Midwest U.S. Cosmetics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 30: Midwest U.S. Cosmetics Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 31: Southwest U.S. Cosmetics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 32: Southwest U.S. Cosmetics Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 33: West U.S. Cosmetics Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 34: West U.S. Cosmetics Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 35: U.S. Cosmetics Market Revenue USD billion Forecast, by Category 2018 & 2031
- Table 36: U.S. Cosmetics Market Volume K Units Forecast, by Category 2018 & 2031
- Table 37: U.S. Cosmetics Market Revenue USD billion Forecast, by Gender 2018 & 2031
- Table 38: U.S. Cosmetics Market Volume K Units Forecast, by Gender 2018 & 2031
- Table 39: U.S. Cosmetics Market Revenue USD billion Forecast, by Distribution Channel 2018 & 2031
- Table 40: U.S. Cosmetics Market Volume K Units Forecast, by Distribution Channel 2018 & 2031
- Table 41: U.S. Cosmetics Market Revenue USD billion Forecast, by Country 2018 & 2031
- Table 42: U.S. Cosmetics Market Volume K Units Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 3.7% from 2018-2032 |
| Segmentation |
|
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STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
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Note* : In applicable scenarios
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During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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