In 2020, the market value of cruelty-free make-up worldwide amounted to around 5.1 billion U.S. dollars. By the year 2031, this figure is expected to reach a value of approximately 9.92 billion U.S. dollars.
Market value of cruelty free make-up worldwide from 2020 to 2031
(in billion U.S. dollars)
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Market value in billion U.S. dollars
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Data for years 2022 to 2030 has been calculated by Statista using a CAGR published by the source. The types of product analyzed by the source were facial, eye, lip, and nail make-up.
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Statista. (April 14, 2022). Market value of cruelty free make-up worldwide from 2020 to 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1302645/global-cruelty-free-make-up-market-value/
Statista. "Market value of cruelty free make-up worldwide from 2020 to 2031 (in billion U.S. dollars)." Chart. April 14, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1302645/global-cruelty-free-make-up-market-value/
Statista. (2022). Market value of cruelty free make-up worldwide from 2020 to 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1302645/global-cruelty-free-make-up-market-value/
Statista. "Market Value of Cruelty Free Make-up Worldwide from 2020 to 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Apr 2022, https://www.statista.com/statistics/1302645/global-cruelty-free-make-up-market-value/
Statista, Market value of cruelty free make-up worldwide from 2020 to 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1302645/global-cruelty-free-make-up-market-value/ (last visited July 22, 2024)
Market value of cruelty free make-up worldwide from 2020 to 2031 (in billion U.S. dollars) [Graph], Statista, April 14, 2022. [Online]. Available: https://www.statista.com/statistics/1302645/global-cruelty-free-make-up-market-value/