The market for beauty tech- driven purchases in the United States is estimated to have generated a revenue of approximately 1.35 billion U.S. dollars in 2021. Revenue of the beauty market, which included cosmetics, skin care, and personal care products, is forecast to increase continuously in the next five years, reaching about 3.42 billion U.S. dollars by 2026.
Estimated revenue of the beauty tech market in the United States in 2021, with a forecast up to 2026
(in billion U.S. dollars)
About methodology: Beauty tech is defined as cosmetics, skincare, and personal care products purchased by consumers that have used beauty- and personal care- specific software prior finalizing their purchase. Beauty and personal care software include mobile applications for smartphones and tablets (e.g., apps for virtually trying-on cosmetics) and AI-powered devices (e.g., smart mirrors, make-up personalizing devices). The revenue estimates and forecasts build on Statista’s primary research (Global Consumer Survey on Beauty and Cosmetics) and other primary data from the Statista platform as well as third-party data sources, through which short- and long-term market trends are observed.
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Statista. (February 7, 2022). Estimated revenue of the beauty tech market in the United States in 2021, with a forecast up to 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 02, 2024, from https://www.statista.com/statistics/1292256/beauty-tech-market-revenue-us/
Statista. "Estimated revenue of the beauty tech market in the United States in 2021, with a forecast up to 2026 (in billion U.S. dollars)." Chart. February 7, 2022. Statista. Accessed November 02, 2024. https://www.statista.com/statistics/1292256/beauty-tech-market-revenue-us/
Statista. (2022). Estimated revenue of the beauty tech market in the United States in 2021, with a forecast up to 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 02, 2024. https://www.statista.com/statistics/1292256/beauty-tech-market-revenue-us/
Statista. "Estimated Revenue of The Beauty Tech Market in The United States in 2021, with a Forecast up to 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Feb 2022, https://www.statista.com/statistics/1292256/beauty-tech-market-revenue-us/
Statista, Estimated revenue of the beauty tech market in the United States in 2021, with a forecast up to 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1292256/beauty-tech-market-revenue-us/ (last visited November 02, 2024)
Estimated revenue of the beauty tech market in the United States in 2021, with a forecast up to 2026 (in billion U.S. dollars) [Graph], Statista, February 7, 2022. [Online]. Available: https://www.statista.com/statistics/1292256/beauty-tech-market-revenue-us/
