- The UK beauty industry is valued at £27.2 billion as of 2021 and is expected to grow by 10.6% by 2026. (Source: IBISWorld)
- The UK is the third largest cosmetics market in Europe after France and Germany. (Source: Cosmetics Europe)
- The cosmetics industry contributes £4.2 billion to the UK economy each year. (Source: Cosmetics Europe)
- In 2020, the skincare market in the UK grew by 9.3%, making it the fastest-growing category in the beauty industry. (Source: NPD Group)
- The UK nail care market is projected to reach £252.5 million by 2024, growing at a CAGR of 5.5% from 2019 to 2024. (Source: Mordor Intelligence)
- In 2020, the haircare market in the UK was worth £1.6 billion, with shampoos and conditioners being the largest categories. (Source: Mintel)
- The UK beauty industry employs around 590,000 people. (Source: Cosmetics Europe)
- The average UK woman spends £70 per month on beauty products. (Source: Superdrug)
- 63% of UK women wear makeup every day. (Source: YouGov)
- 57% of UK men use skincare products. (Source: Mintel)
- The UK male grooming market is expected to reach £3.2 billion by 2025. (Source: GlobalData)
- In 2020, the UK beauty and personal care e-commerce market was valued at £3.4 billion. (Source: Mintel)
- 34% of UK consumers prefer to buy beauty and personal care products online. (Source: Mintel)
- In 2020, Boots was the leading beauty and personal care retailer in the UK, with a market share of 14.9%. (Source: Euromonitor International)
- Superdrug was the second-largest beauty and personal care retailer in the UK in 2020, with a market share of 10.2%. (Source: Euromonitor International)
- Amazon UK was the third largest beauty and personal care retailer in the UK in 2020, with a market share of 4.9%. (Source: Euromonitor International)
- In 2020, the UK beauty and personal care market was dominated by multinational companies such as L'Oréal, Unilever, and Procter & Gamble. (Source: Euromonitor International)
- The UK organic beauty market is projected to reach £1.1 billion by 2027, growing at a CAGR of 8.4% from 2020 to 2027. (Source: Grand View Research)
- In 2020, the UK vegan beauty market was worth £417 million and is expected to grow at a CAGR of 6.5% from 2021 to 2028. (Source: Grand View Research)
- The UK halal cosmetics market is expected to grow at a CAGR of 15.2% from 2021 to 2028. (Source: Grand View Research)
- In 2020, the UK anti-ageing market was worth £1.5 billion. (Source: Mintel)
- 40% of UK consumers aged 16-24 prefer to buy beauty and personal care products from independent brands. (Source: Mintel)
Questions:
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- What Is Your Favourite Marketing Tool For Nail & Beauty Salons?