Market Overview:

According to Fortune Business Insights North America cosmetics market size is projected to record a CAGR of 3.8% during the forecast period of 2023-2030.

North America is experiencing strong growth in the adoption of diverse cosmetic products as consumers seek to enhance their physical appearance. This rising demand has encouraged leading market players to significantly increase investments in research and development to introduce innovative and advanced cosmetic solutions. For instance, in October 2022, L'Oréal U.S.A. announced an investment of USD 140 million to establish a 250,000-square-foot research and innovation center in Newark, New Jersey. The facility will focus on cutting-edge research in areas such as beauty technology and green science, driving advancements across hair, skin, and beauty product lines. With the growing consumer interest in anti-aging solutions to combat early signs of aging, companies are developing new technologies and formulations to meet this demand. These factors are expected to accelerate the growth of the North America cosmetics market.

LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT

• L'Oréal S.A. (France)
• Unilever plc (U.K.)
• The Procter & Gamble Company (U.S.)
• The Estée Lauder Companies Inc. (U.S.)
• Beiersdorf AG (Germany)
• Shiseido Co., Ltd. (Japan)
• Coty Inc. (U.S.)
• Kao Corporation (Japan)
• Johnson & Johnson Services, Inc. (U.S.)
• Amorepacific Corporation (South Korea)

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