Forecast: Export of Beauty, Make-Up and Skin Care Preparations from the UK

The export value of beauty, make-up, and skin care preparations from the UK has shown an overall upward trend from 2013 to 2023, starting at $2.003 billion in 2013 and reaching $2.4085 billion in 2022. Future forecasts indicate continued growth, with estimates reaching $2.7341 billion by 2028. Examining year-on-year variations, the values show fluctuations, with notable increases in 2017 (8.61%) and 2021 (7.76%), contrasted by decreases in 2015 (-10.89%) and 2020 (-2.65%). The last recorded CAGR over the past five years is relatively moderate at 2.14%, indicating steady growth.

Key future trends to watch include innovations in natural and organic beauty products, increasing demand for personalized skincare solutions, and the rising influence of e-commerce platforms. The forecasted 5-year CAGR is 1.66%, suggesting moderate but stable growth in the coming years. Strategic focus on sustainable practices and emerging markets could further bolster export values.