UK Cosmetics Market Size & Outlook, 2023-2030
UK cosmetics market, 2018-2030 (US$M)
Related Markets
UK cosmetics market highlights
- The UK cosmetics market generated a revenue of USD 9,937.4 million in 2023 and is expected to reach USD 14,516.9 million by 2030.
- The UK market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2023.
- Hair Care is the most lucrative product segment registering the fastest growth during the forecast period.
Cosmetics market data book summary
| Market revenue in 2023 | USD 9,937.4 million |
| Market revenue in 2030 | USD 14,516.9 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Hair Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin Care, Hair Care, Makeup, Fragrance |
| Key market players worldwide | Coty Inc Class A, L'Oreal SA, The Estee Lauder Companies Inc Class A, Revlon, Avon Products, Unilever PLC, Seven & i Holdings Co Ltd, Godrej, Procter & Gamble Co, Beiersdorf AG, Henkel AG & Co KGaA, Kao Corp, Mizuno Corp |
Other key industry trends
- In terms of revenue, UK accounted for 3.4% of the global cosmetics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 12,162.8 million by 2030.
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Cosmetics Market Scope
Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK cosmetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cosmetics market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 43.36% in 2023. Horizon Databook has segmented the UK cosmetics market based on skin care, hair care, makeup, fragrance covering the revenue growth of each sub-segment from 2018 to 2030.
Emerging market trends have encouraged the growth of cosmetic products in the U.K. This includes creating items that appeal to the age and ethnicity, in addition to utilizing technology to enhance marketing strategies.
The use of creative, ecologically friendly packaging and design has also contributed to the appeal of grooming goods. U.K. consumers are demanding more sophisticated products that offer multiple benefits such as moisturization, UV protection, aging treatment, long-lasting effects, ease of use, and convenience.
This is expected to positively impact the market over the forecast period. Men are starting to embrace makeup application more in the U.K. The shift reflects changing attitudes and an increasing acceptance of cosmetics as a means of personal expression and grooming.
Reasons to subscribe to UK cosmetics market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK cosmetics market databook
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Our clientele includes a mix of cosmetics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into UK cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK cosmetics market size, by product, 2018-2030 (US$M)
UK Cosmetics Market Outlook Share, 2023 & 2030 (US$M)
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