U.S. - Cosmetics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

U.S. - Cosmetics - Market Analysis, Forecast, Size, Trends And Insights

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Cosmetics Price in the United States - 2023

Contents:

  1. Cosmetics Price in the United States (FOB) - 2022
  2. Cosmetics Price in the United States (CIF) - 2022
  3. Cosmetics Exports in the United States
  4. Cosmetics Imports in the United States

Cosmetics Price in the United States (FOB) - 2022

In 2022, the average cosmetics export price amounted to $33,451 per ton, increasing by 6.3% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cosmetics export price increased by +100.3% against 2013 indices. The pace of growth appeared the most rapid in 2020 an increase of 16% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($55,464 per ton), while the average price for exports to the United Arab Emirates ($15,859 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cosmetics Price in the United States (CIF) - 2022

In 2022, the average cosmetics import price amounted to $20,417 per ton, rising by 12% against the previous year. In general, the import price, however, recorded a mild shrinkage. The growth pace was the most rapid in 2015 an increase of 17% against the previous year. The import price peaked at $31,575 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($41,626 per ton), while the price for Spain ($5,989 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Cosmetics Exports in the United States

Cosmetics exports from the United States rose slightly to 180K tons in 2022, surging by 2.9% on the year before. Over the period under review, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 6.4%.

In value terms, cosmetics exports amounted to $6B in 2022. In general, exports, however, showed a relatively flat trend pattern.

Export of Cosmetics in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1,2861,0901,1831,3541.7%
China5676066176625.3%
United Kingdom432371409421-0.9%
Australia3202812903896.7%
France387278265277-10.5%
Switzerland10814421825933.9%
Singapore395215209243-15.0%
Mexico246183202223-3.2%
Hong Kong SAR383337305214-17.6%
South Korea275197192165-15.7%
Netherlands1431561761644.7%
Belgium251113129156-14.7%
United Arab Emirates11885.496.91364.8%
Others1,1991,0301,2131,3544.1%
Total6,1085,0875,5066,018-0.5%

Top Export Markets for Cosmetics from the United States in 2022:

  1. Canada (24.4K tons)
  2. United Kingdom (17.2K tons)
  3. China (16.3K tons)
  4. Mexico (13.1K tons)
  5. Australia (9.1K tons)
  6. United Arab Emirates (8.6K tons)
  7. Netherlands (6.4K tons)
  8. Singapore (5.6K tons)
  9. France (5.4K tons)
  10. Switzerland (4.8K tons)
  11. Hong Kong SAR (4.8K tons)
  12. Belgium (4.6K tons)
  13. South Korea (4.1K tons)

Cosmetics Imports in the United States

Cosmetics imports into the United States expanded modestly to 299K tons in 2022, with an increase of 1.5% on the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cosmetics imports expanded significantly to $6.1B in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Cosmetics in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8087828701,0529.2%
Canada7556367969076.3%
South Korea51753971382416.8%
Italy5714095317057.3%
China741495560577-8.0%
United Kingdom335254261243-10.1%
Sweden15215827523515.6%
Japan2041451792253.3%
Mexico14916717122414.6%
Germany2041451812040.0%
Taiwan (Chinese)72.672.010511516.6%
Spain33.530.953.082.034.8%
Others5775466737197.6%
Total5,1214,3785,3676,1116.1%

Top Suppliers of Cosmetics to the United States in 2022:

  1. Canada (63.8K tons)
  2. China (40.0K tons)
  3. South Korea (37.0K tons)
  4. France (25.3K tons)
  5. Mexico (21.9K tons)
  6. Italy (17.7K tons)
  7. Spain (13.7K tons)
  8. United Kingdom (12.8K tons)
  9. Sweden (8.3K tons)
  10. Germany (6.5K tons)
  11. Japan (5.5K tons)
  12. Taiwan (Chinese) (4.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cosmetics market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20421250 - Lip make-up preparations
  • Prodcom 20421270 - Eye make-up preparations
  • Prodcom 20421300 - Manicure or pedicure preparations
  • Prodcom 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)
  • Prodcom 20421500 - Beauty, make-up and skin care preparations including suntan (excluding medicaments, lip and eye make-up, manicure and pedicure preparations, powders for cosmetic use and talcum powder)

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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