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World Beauty Market Reached $425 Billion Value In 2015, Euromonitor Says

April 24, 2016: 12:00 AM EST
In 2015, the beauty care industry reached $425 billion in value, according to market research firm Euromonitor. Data revealed the market was able to sustain a relatively stable growth although important markets China and Brazil saw a slowdown. Growth in the world market was driven by color cosmetics and premium products. Also, the market’s premium segment posted record growth, driven by the US market.
"Strong Appetite for Luxury and Make-Up Drive Beauty Dynamics", Euromonitor Research, April 24, 2016, © Euromonitor
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