The data illustrates the breakdown of the cosmetic market worldwide from 2011 to 2017, by product category. In 2017, skincare products made up 37% of the global cosmetic market. Geographically, Asia-Pacific and North America dominated, accounting for more than 60% of the cosmetics market combined.
Global Cosmetic Market Companies operating in the global cosmetics market must compete for shelf space in retail outlets, not only with rival companies offering other well-known brands but also cheaper copycat brands offering similar unbranded products.
2011 | 31 | 25 | 17 | 14 | 13 |
2012 | 33.8 | 24.3 | 16.4 | 12.9 | 12.6 |
2013 | 34.1 | 24.1 | 16.6 | 12.7 | 12.5 |
2014 | 35.3 | 23.3 | 16.6 | 12.8 | 12 |
2015 | 36.1 | 22.9 | 17.3 | 12.2 | 11.5 |
2016 | 36.4 | 22.9 | 18.2 | 10.5 | 12 |
2017 | 37 | 22 | 19 | 12 | 10 |