According to Statista estimates, beauty tech market in France is expected to see an even growth across all three segments. Between 2021 and 2026, the market is projected to see a CAGR of 21.6 percent for personal care products, and 21.5 percent for skin care and cosmetics. Beauty tech is defined as the beauty and personal care products purchased via AI- and AR-powered software and tools, such as smart/virtual mirrors and try-on apps.
Estimated compound annual growth rate (CAGR) of the beauty tech market in France between 2021 and 2026, by segment
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 compound annual growth rate (CAGR) of the beauty tech market in France between 2021 and 2026, by segment [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1292411/beauty-tech-market-growth-rate-france/
Statista. "Estimated compound annual growth rate (CAGR) of the beauty tech market in France between 2021 and 2026, by segment." Chart. February 7, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1292411/beauty-tech-market-growth-rate-france/
Statista. (2022). Estimated compound annual growth rate (CAGR) of the beauty tech market in France between 2021 and 2026, by segment. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1292411/beauty-tech-market-growth-rate-france/
Statista. "Estimated Compound Annual Growth Rate (Cagr) of The Beauty Tech Market in France between 2021 and 2026, by Segment." Statista, Statista Inc., 7 Feb 2022, https://www.statista.com/statistics/1292411/beauty-tech-market-growth-rate-france/
Statista, Estimated compound annual growth rate (CAGR) of the beauty tech market in France between 2021 and 2026, by segment Statista, https://www.statista.com/statistics/1292411/beauty-tech-market-growth-rate-france/ (last visited December 22, 2024)
Estimated compound annual growth rate (CAGR) of the beauty tech market in France between 2021 and 2026, by segment [Graph], Statista, February 7, 2022. [Online]. Available: https://www.statista.com/statistics/1292411/beauty-tech-market-growth-rate-france/
