The permanent makeup industry is rapidly growing, projected to be worth over $4.1 billion by 2028, with a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. Permanent makeup interest searches increased by 200% between 2016 and 2020. In 2019, micro-pigmentation and semi-permanent makeup accounted for over 70% of the market share. The United States’ permanent makeup market was estimated at $1.2 billion in 2020, and it is predicted that Asia-Pacific will have the highest adoption rate by 2025.
Global cosmetics were valued at $529.82 billion in 2018, projected to reach $805.61 billion by 2023, with a growth rate of 714%. Demand for permanent makeup has grown 35-40% in the past two decades. Clients aged 40-54 years old comprise nearly 50% of the customer base, while those aged 65 or older make up only 8%. Women seeking aesthetic purposes account for 85% of the market, compared to 60% seeking medical reasons. Microblading, a type of semi-permanent makeup, has seen a 263% year-over-year increase. Prices range from $200 to $800 per session, depending on location and procedure. Key players in the industry include Amiea, Biotouch Inc., and Eikon Device Inc.
Despite its popularity, there are risks associated with permanent makeup. 10% of clients express dissatisfaction after the initial session, while 8-12% require corrective measures. Additionally, 3-5% experience allergic reactions or other complications. Survey data reveals that 33% of individuals express interest in getting permanent makeup, and 70% state they would feel more confident if their eyebrows were always perfect, which drives demand for microblading specifically.
Permanent Makeup Industry Statistics Overview
As of 2019, the micro-pigmentation and semi-permanent makeup segment accounted for more than 70% of the overall market share.
This statistic is a testament to the immense popularity of micro-pigmentation and semi-permanent makeup in the permanent makeup industry. It highlights the fact that these services are in high demand and are a major contributor to the industry’s success. This statistic is a valuable insight into the industry and provides a clear indication of the current trends in the market.
In 2020, the United States permanent makeup market was estimated to be worth around $1.2 billion.
This statistic is a testament to the immense growth of the permanent makeup industry in the United States. It shows that the industry has seen a significant increase in its market value over the past few years, indicating that it is a lucrative and profitable sector. This statistic is important to consider when discussing the permanent makeup industry, as it provides insight into the current state of the industry and its potential for future growth.
In 2018, the global cosmetics market was valued at $529.82 billion, and is projected to reach $805.61 billion by 2023, increasing at a CAGR of 7.14%.
This statistic is a testament to the immense potential of the Permanent Makeup Industry. With the global cosmetics market projected to grow at a CAGR of 7.14%, Permanent Makeup is poised to be a major beneficiary of this growth. This is an exciting time for the industry, and the opportunities for growth are immense.
Microblading – a type of semi-permanent makeup – has seen a year-over-year increase of 263% in public interest.
The staggering 263% year-over-year increase in public interest for microblading speaks volumes about the growing popularity of semi-permanent makeup. This statistic is a testament to the fact that more and more people are turning to this type of makeup to enhance their beauty and look their best. It is a clear indication that the permanent makeup industry is thriving and that it is here to stay.
The cost of a single permanent makeup session ranges from $200 to $800.
This statistic is a key indicator of the cost of services within the Permanent Makeup Industry, providing insight into the range of prices that customers can expect to pay for a single session. It is an important factor to consider when researching the industry, as it can help to inform potential customers of the cost of services and help them to make an informed decision.
Conclusion
The permanent makeup industry is rapidly growing, projected to be worth over $4.1 billion by 2028 with a 6.8% CAGR from 2021 to 2028. Permanent makeup interest searches increased by 200% between 2016 and 2020, and micro-pigmentation and semi-permanent makeup accounted for over 70% of the market in 2019. The United States market was valued at around $1.2 billion in 2020, and the Asia-Pacific region is expected to lead adoption in 2025.
Global cosmetics were valued at $529.82 billion in 2018 and are projected to reach $805.61 billion by 2023. Women aged 40-54 seeking aesthetic or medical solutions drive demand, along with younger generations looking for perfect eyebrows through procedures like microblading, which has seen a 263% year-over-year increase. Costs range from $200 to $800 per session, with only 8-12% dissatisfaction rates and 3-5% reporting allergic reactions or complications. This industry shows promising growth potential in the coming years.
References
0. – https://www.businesswire.com
1. – https://www.byrdie.com
2. – https://www.aspcapro.org
3. – https://www.futuremarketinsights.com
4. – https://www.globenewswire.com
5. – https://www.mordorintelligence.com
