Canada Cosmetics Industry Outlook 2022 - 2026

Key Market Indicators

Canada's cosmetics import is forecast to reach $4.5 billion by 2026, a 2% year-on-year average rate of growth. Since 1994, Canadian demand has grown by an average of 3.4% per year. Canada ranked 8th in 2021, with Spain overtaking it at $3.9 billion. China, Germany and the United Kingdom ranked 2nd, 3rd and 4th respectively. Meanwhile, Canada's cosmetics export is set to reach $2.6 billion by 2026, growing at a rate of 2.1% year on year. Since 1994, Canadian supply has grown by 4.4% per year. The country ranked 17th in 2021, with the United Arab Emirates overtaking it at $2.3 billion. The United States, Germany and Ireland ranked 2nd, 3rd and 4th respectively.

Canada Cosmetics Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Cosmetics: An In-depth Look into Industry Forecasts and Premium Market Trends

  The cosmetics industry exhibits an unsurprising upward trajectory projected into the near future. This growth trend can primarily be credited to evolving consumer preferences, and more specifically, a rising affinity for premium products. An unprecedented focus on wellness and personal care explains a significant portion of this increased demand for...

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• Colour Cosmetics: Exploring Global Opportunities and Emerging Trends

  A comprehensive analysis of this particular market segment reveals expanding global opportunities. Among them, the Asia-Pacific region demonstrates robust potential, shown by its increasing consumer demographic with a growing appetite for premium products. Another opportunity emerges from increasing environmental consciousness. Consumers are exhibiting preferences for eco-friendly products, paving the way...

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• Make-Up Industry: Unveiling Future Trends in Nail and Eye Segment Analysis

  The nail make-up segment is experiencing substantial growth. This trend is largely fueled by consumer desire for personalization and self-expression. Technologies such as 3D printing allow for unique and intricate nail designs, attracting a younger generation of consumers. The expansion of product line-ups by companies with innovations like nail-strengthening varnishes...

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• Cosmetic Ingredients Market: Unmasking Trends, Opportunities, and Competitive Analysis

  Fundamental to any astute examination of market trends is the role of demand and supply dynamics. As consumers are becoming ever more conscientious in their choices, a strong preference for natural and organic cosmetic ingredients has emerged. This desire for safer, more effective, and environmentally friendly products is driving innovation...

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• Cosmetics: Multiple Market Perspectives - Future Trends, Competition, and Growth Opportunities

  By taking into account fast-evolving consumer preferences, socio-economic cues and advancements in technology, the cosmetic industry is experiencing a paradigm shift. The demand for natural, organic products is growing significantly, fueled by increasing health consciousness amongst consumers globally. Moreover, a consistent uptick in online sales is radically transforming distribution channels....

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