Data - Page 4

China make-up market to see +8% CAGR through 2024, says GlobalData

China make-up market to see +8% CAGR through 2024, says GlobalData

Chinese consumers are spelling big opportunities for luxury makeup brands as the market is forecast to reach $8.8bn in 2024, according to GlobalData.The research firm’s new report, China Make-Up – Market Assessment and Forecasts to 2024,...

China’s luxury & beauty sales rebound, says Luxurynsight report

China’s luxury & beauty sales rebound, says Luxurynsight report

With China’s gradual economic recovery and consumption getting back on track, luxury and beauty are witnessing a fast rebound at retail in the country, according to a just-published report from research firm Luxurynsight. However, with the...

Covid-19 to cause biggest drop in US beauty market in 60 years

Covid-19 to cause biggest drop in US beauty market in 60 years

The coronavirus pandemic is predicted to cause a 2.5% drop in the US beauty and personal care market in 2020, according to Kline—the biggest drop in the more than 60 years the market-research firm has been tracking the industry.This...

04/07/2020 | Consumer trends
Post-coronavirus: Bain outlines luxury consumption trends to come

Post-coronavirus: Bain outlines luxury consumption trends to come

Bain & Company identifies six emerging consumption trends as the luxury industry looks to make sense of the current coronavirus crisis.As of March 25, the consulting firm is forecasting a 25% to 35% contraction in the global luxury market...

04/02/2020 |
Prestige beauty paints a mixed picture

Prestige beauty paints a mixed picture

The prestige beauty market is contrasted, with a scissors effect between makeup and skincare, highlighted market-research firm The NPD Group at CEW’s Beauty Business event in Paris last week.Prestige beauty sales in North America were flat...

03/03/2020 | skincareMakeup