Quick facts
L’Oreal is the leading beauty manufacturer in the world with an annual revenue of $33.93 billion in 2020.
Toiletries made up 30% of 2020 cosmetic sales in Great Britain. 33% of Brits say they spend between £1 and £15 a month on beauty treatments and products.
The Great Britain toiletries and cosmetic industry sales stood at £8.7 billion in 2020, this is £580 million less than 2019. The UK organic beauty industry has recorded 10 years of sales growth, with sales in 2020 standing at £120 million. Asia and Oceania held a combined 39% of the total cosmetic market back in 2018.
Kylie Cosmetics is the most followed cosmetic brand on Instagram with over 25.5 million followers.
The greatest worldwide growth in a beauty market has been seen in China, where the beauty industry grew by £16 billion from 2014 to 2019 – over double the next largest growth, which was in Brazil.
The amount spent at hairdressers and personal care salons in the UK was highest in 2019, reaching £8.6 billion, equivalent to every person in the UK spending £166 on personal care treatments yearly.