Beauty Market Insights

Goals

The goals of this research are to identify (1) the current market size of the global beauty market, (2) growth projections/compound annual growth rates for the global beauty market, (3) and trends in the global beauty market, with a particular focus on any such findings specifically pertaining to prescription anti-aging products as is available. This information will be used to create a pitch deck for a project involving anti-aging beauty.

Early Findings

  • The current market size of the global beauty market is $532 billion.
  • The compound annual growth rate for the global beauty market from 2019-2025 is estimated at between five percent and seven percent.
  • In 2025, the global beauty market is expected to be worth around $800 billion.
  • In 2022, the global market for anti-aging products is expected to attain a value of over $260 billion.
  • The projected compound annual growth rate for the global market for anti-aging products between 2019 and 2023 is approximately seven percent.
  • France is the largest market for anti-aging products.
  • Drinkable, prescription, anti-aging supplements are a trend within the global beauty market specifically pertaining to prescription anti-aging products. One such example is a prescription-only drink called +retinol by Dirty Lemon.

Proposed next steps:

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