Digitalization of Beauty Market Chart Your Course with 2030 Market Insights


The Global Digitalization of Beauty Market size is expected to grow from USD 130.14 billion in 2022 to USD 204.31 billion by 2030, at a CAGR of 5.8% during the forecast period (2023-2030).

Digitalization_of_Beauty_Market

The Global Digitalization of Beauty Market size is expected to grow from USD 130.14 billion in 2022 to USD 204.31 billion by 2030, at a CAGR of 5.8% during the forecast period (2023-2030).

One of the consumer goods business segments with the quickest rate of growth is currently the digitalization of beauty. It's going through a digital revolution, much like social networking and e-commerce. Brands are now able to communicate with customers directly thanks to newly accessible e-commerce technologies. By 2020, the worldwide cosmetics market is projected to grow to $675 billion.

According to analysts, after a robust recruiting phase propelled by rising social media and selfie acceptance, demand for digitalization of beauty makeup is decreasing internationally, particularly in developed economies.  New and developing technologies are being used by many brands to customize goods and services. Artificial intelligence (AI) is being used by L'Oréal to assist clients who are searching for the ideal foundation shade that complements their skin tone.

Players Covered in Digitalization of Beauty market are:

Unilever, Procter & Gamble, Adimo, Amorepacific Corporation, CFEB Sisley SAS, Elizabeth Arden Inc, Johnson & Johnson, Lancer Skincare, L’Oreal S.A, Shiseido and other major players.

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With a precise examination of the overall industry, our Digitalization of Beauty market report guarantees the highest level of accuracy and reliability. We establish a strong foundation for our findings by leveraging a wide range of primary and secondary sources. Enhancing the comprehensiveness of our evaluation, we utilize industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.

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Segmentation Analysis of the Digitalization of Beauty Market:

By Type

  • Software
  • Service

By Application

  • Beauty Companies
  • Retail
  • E-commerce

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Regional Analysis of the Digitalization of Beauty Market

At $320 billion in retail sales, the Digitalization of Beauty industry expanded by about 6% in the previous year. Globally, the beauty industry has been growing steadily, with China being the main source of the enormous revenue growth it has experienced recently. With China excluded, the United States, Japan, Brazil, and Germany make up the remaining four beauty-related nations, and together they hold 36% of the market for digitalized beauty.

By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Questions Answered:

  1. What is the market size and CAGR of the Digitalization of Beauty Market during the forecast period?
  2. How is the growing demand impacting the growth of Digitalization of Beauty Market shares?
  3. What is the growing demand of the Digitalization of Beauty Market during the forecast period?
  4. Who are the leading vendors in the market and what are their market shares?
  5. What is the impact of the COVID-19 pandemic on the APAC Digitalization of Beauty Market?

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market.

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Published on

Jan 18, 2024

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