Key Market Indicators
The UK is set to become a major player in the cosmetics market. Exports are predicted to reach around $6.6 billion by 2026, with a year-on-year growth rate of 1.1%. Since 1998, there has been an average 2.5% year-on-year growth. In 2021, the UK was ranked 8th, behind Italy with $6.2 billion in exports. The US, Germany and Ireland are ranked 2nd, 3rd and 4th respectively. Imports are set to rise to approximately $8 billion by 2026, with a CAGR of 1.6%. Since 1998, British demand has increased by an average of 3.1% year-on-year. In 2021, the UK was ranked 4th, behind Germany with $7.2 billion in imports. China, Germany and the UK are ranked 2nd, 3rd and 4th respectively.
United Kingdom Cosmetics Consumer Trends Articles
More about Cosmetics Consumer TrendsUnited Kingdom Cosmetics Key Players Articles
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The Remarkable Revival of The Body Shop: A Testament to Ethical Consumerism and Strategic Leadership
Jan 16th 2025
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Unilever’s Strategic £40m Investment in UK Manufacturing: A Boon for the Cosmetics and Food Sectors
Dec 12th 2024
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Empowering Beauty through Purpose: Auréa’s Strategic Acquisition of The Body Shop
Oct 1st 2024
Latest reports
UK Cosmetics Market Report- Q1 2025
In the first quarter of 2025, the UK cosmetics market is experiencing a dynamic transformation, driven by significant shifts in consumer preferences towards...
UK Cosmetics Market Report- Q4 2024
The UK cosmetics market in Q4 2024 is characterized by significant economic and consumer behavior shifts. The market has seen a pronounced move...
