Fragrance, makeup, skin care, and hair products drove an 8% growth in the U.S. prestige beauty market in the first half of 2024, with consumers increasingly favoring premium offerings, while the mass market remained flat, according to Circana.
The NPD Group has prepared its own outlook for the industry this Holiday, so this gallery takes a look at what it thinks will be the key trends in the US in 2014, including success predicted in color cosmetics and a return to form for fragrance.
Global information provider the NPD Group has looked to enhance its coverage of the US Prestige Beauty market by setting up a new service to monitor the market trends.
After it was revealed that the US prestige beauty market declined 6 percent in dollar units at NPD Group’s annual Hot of the Press event held in January in New York, sales figures have been released.