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Read more…The cosmetics market in the UK is enormous. In 2020, the cosmetics market was named the third-largest market operating in the UK. Globally, the UK has the seventh-largest cosmetics market, with the US and China taking the top 2 spots.
In 2020, the leading beauty manufacturer was French cosmetics company L’Oréal, which recorded $33.93 billion in revenue. The global giant is not only making money off hair colours, it also owns 39 brands, including well-known names such as Yves Saint Laurent Beauté, Ralph Lauren, Prada and Giorgio Armani.
Unilever is the second-largest beauty manufacturer with $25.38 billion in revenue in 2020. Not only is it likely you’ll find Unilever products in your beauty bag, but you probably even have an item signed by Unilever in every room of your home. Unilever owns over 400 brands including Dove, Vaseline, TRESemmé and Toni & Guy. At $19.41 billion, Procter & Gamble overtook Estée Lauder ($14.29 billion) as the third-largest cosmetic manufacturer in 2020. The remaining companies in the top 10 amounted to over $35 billion in total revenue.
Leading beauty brands | Beauty sales in 2020 ($) |
---|---|
L'Oréal | 33.93 billion |
Unilever | 25.38 billion |
Procter & Gamble Co. | 19.41 billion |
The Estee Lauder Cos. | 14.29 billion |
Shiseido Co. | 8.73 billion |
LVMH Moet Hennessy Louis Vuitton | 6.36 billion |
Beiersdorf | 5.9 billion |
Kao Corp. | 5.17 billion |
Coty | 4.71 billion |
Johnson & Johnson | 4.45 billion |
Asia and Oceania combined made up 39% of the cosmetics market in 2018. North America and Europe each made up a quarter of the market. In 2018, the European cosmetics market was valued at €77.6 billion.
Continent | Market share |
---|---|
Asia and Oceania | 39% |
North America | 25% |
Europe | 24% |
South America | 9% |
Africa | 3% |
Toiletries sales make up 29.5% of the cosmetics market in Great Britain, which is an increase of over 4% to 2018. Skincare products are second with 25.4% of the cosmetic market sales, being an increase of over 3% to sales in 2018. Fragrances (18.3%), haircare (14.8%) and colour cosmetics (12%) complete the market. The British cosmetics market recorded a total of 100 million units sold in 2020, with the total market sales over £8.7 billion. However, this is a drop of £580 million from 2019, with economic difficulties and working from home cited as reasons for this decline.
Product category | Percentage |
---|---|
Toiletries | 29.50% |
Skincare | 25.40% |
Fragrances | 18.30% |
Haircare | 14.30% |
Colour cosmetics | 12% |
Going vegan, cruelty-free and sustainable is a trend that has been growing for years and it is not stopping. In actual fact, 45% of British consumers report using at least 1 organic product during the last 6 months. 64% of consumers also report prioritising buying products with recyclable packaging.
Many consumers want to make sure that companies they support are also supporting the environment and the animals in it. In the UK alone, over 14,000 ingredients are certified organic and over 15,000 beauty products are all-natural.
The organic industry has had 10 years of consecutive revenue growth. Between 2019 and 2020, there was a revenue increase of £13.8 million, which equates to a growth of 13%. Similarly, between 2018 and 2019, the sector experienced a revenue growth of 23%.
Year | Sales value of certified organic health and beauty products in the UK |
---|---|
2010 | £27.7 million |
2011 | £30.1 million |
2012 | £31.8 million |
2013 | £37.2 million |
2014 | £44.6 million |
2015 | £54.2 million |
2016 | £61.2 million |
2017 | £75.9 million |
2018 | £86.5 million |
2019 | £106.4 million |
2020 | £120.2 million |
Most commercials today are getting through to us via the Internet and social media, specifically with the help of influencers. For example, Kylie Jenner, who started off as one of the lesser-known sisters of Kim Kardashian, made a career out of influencing and is now the billionaire owner of Kylie Cosmetics, ranking as number 27 on Forbes’s list of the richest self-made women. Social media has been instrumental in building many beauty brands, with social influencers being part of strategies to increase exposure.
Instagram is key to influencer marketing, where Kylie Cosmetics has over 25.5 million followers, which is helped by being owned by the most followed woman on the social media site, Kylie Jenner. Anastasia Beverley Hills (19.5 million) follows in second with Fenty Beauty (10.9 million) owned by global artist Rihanna is in third place.
Leading Cosmetic brands | Instagram followers |
---|---|
Kylie Cosmetics | 25.5 million |
Anastasia Beverly Hills | 19.5 million |
Fenty Beauty | 10.9 million |
Benefit Cosmetics US | 9.9 million |
NARS Cosmetics | 8.3 million |
Ulta Beauty | 6.7 million |
Bath Body Works | 6.5 million |
KKW Beauty | 4.7 million |
Pat McGrath | 3.9 million |
beccacosmetics | 3.6 million |
With over 10.37 million likes, Bath & Body is the most-liked cosmetics page on Facebook. Risqué (7.03 million) and Mary Kay Brasil (6.08 million) make up the top 3 of most-liked cosmetics pages on Facebook. Interestingly, Kylie Cosmetics has over 20 million fewer likes on Facebook than followers on Instagram, possibly showing the age demographic of the respected brand.
Leading cosmetic brands | Facebook likes |
---|---|
Bath & Body Works | 10.37 million |
Risqué | 7.03 million |
Mary Kay Brasil | 6.08 million |
Eudora | 5.57 million |
Nature Republic Myanmar | 4.92 million |
Pantene Brasil | 4.79 million |
Doce PelÃcula | 4.76 million |
COVERGIRL | 4.49 million |
Dailus | 4.07 million |
Kylie Cosmetics | 4.04 million |
With over 24.9 million subscribers, Mexican beauty vlogger Yuya is the most popular creator in the beauty and style channel. Since starting her page in 2009, she has amassed over 2.5 billion views, which means an average of over 227 million views each year. Chloe Ting follows in second place with over 22 million subscribers with Musas third with just over 15.2 million subs.
Youtube beauty creators | Subscribers as of Sept 2021 |
---|---|
Yuya | 24.9 million |
Chloe Ting | 22 million |
Musas | 15.2 million |
Nikkie Tutorials | 13.8 million |
Rosanna Pansino | 13 million |
MyLifeAsEva | 11.4 million |
Zoella | 10.9 million |
SaraBeautyCorner | 10.5 million |
Shruti Arjun Anand | 9.59 million |
Niki and Gabi | 9.54 million |
In the UK, 38% of Brits claim that they don’t spend at all on beauty treatments and products. 33% said that they spend £1–£15 per month, which would be £12–£180 per year. Meanwhile, 3% of all Brits spend £51–£100 per month on their looks and a rare 1% spend over £100.
Monthly amount spent on beauty products | Percentage of UK consumers |
---|---|
£0 | 38% |
£1-£15 | 33% |
£16-£30 | 16% |
£31-£50 | 8% |
£51-£100 | 3% |
More than £100 | 1% |
Is your skin in need of a touch of colour? We’ve rounded up the best fake tans out there on the market, for all skin types.
Read more…Don’t know where to start looking for your favourite beauty products? Look your best for less thanks to our handy guide.
Read more…ASOS has loads of amazing beauty brands available. From NYX to Nip+Fab, here’s the rundown of what you can get and our top picks of the best brands.
Read more…Sick of counting down to Christmas with cheap chocolate? Celebrate advent with beauty calendars to get in the merry mood.
Read more…Sick of getting lash extensions? A lash lift will have you looking bright-eyed in no time. Here’s everything you need to know about them, including cost, safety and benefits.
Read more…Find out all about US beauty box service BoxyCharm and how to score the same great products in the UK!
Read more…Is your skin in need of a touch of colour? We’ve rounded up the best fake tans out there on the market, for all skin types.
Don’t know where to start looking for your favourite beauty products? Look your best for less thanks to our handy guide.
ASOS has loads of amazing beauty brands available. From NYX to Nip+Fab, here’s the rundown of what you can get and our top picks of the best brands.
Sick of counting down to Christmas with cheap chocolate? Celebrate advent with beauty calendars to get in the merry mood.
Sick of getting lash extensions? A lash lift will have you looking bright-eyed in no time. Here’s everything you need to know about them, including cost, safety and benefits.
Find out all about US beauty box service BoxyCharm and how to score the same great products in the UK!
Looking for a makeup brand for all skin tones and shades? Look no further than Rihanna’s Fenty Beauty, which is available at Boots.
Cheap makeup doesn’t have to compromise on quality. We recommend these brands for being affordable and fabulous.
CeraVe could just be the brand missing from your skincare regime. Find out all about its UK launch and where to shop here.