Beauty comprises skincare, haircare, colour cosmetics and fragrance.
Mature APAC includes Japan, South Korea and Singapore. Emerging APAC includes India and broader Asia, with the exception of China, Mature APAC, and Australasia.
Figures represent the base case, which assumes a steady macroeconomic environment .
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CAGR of the global beauty market 2019-2030, by region
The compound annual growth rate (CAGR) of Europe was at **** percent from 2019 to 2024, and estimated to be at around percent during the time period from 2024 to 2030, assuming a steady macroeconomic environment.Â
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McKinsey & Company. (June 9, 2025). Compound annual growth rate (CAGR) of the global beauty market from 2019 to 2024, with a forecast to 2030, by region [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1619261/cagr-beauty-market-by-region/
McKinsey & Company. "Compound annual growth rate (CAGR) of the global beauty market from 2019 to 2024, with a forecast to 2030, by region ." Chart. June 9, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1619261/cagr-beauty-market-by-region/
McKinsey & Company. (2025). Compound annual growth rate (CAGR) of the global beauty market from 2019 to 2024, with a forecast to 2030, by region . ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1619261/cagr-beauty-market-by-region/
McKinsey & Company. "Compound Annual Growth Rate (Cagr) of The Global Beauty Market from 2019 to 2024, with a Forecast to 2030, by Region ." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Jun 2025, /statistics/1619261/cagr-beauty-market-by-region/
McKinsey & Company, Compound annual growth rate (CAGR) of the global beauty market from 2019 to 2024, with a forecast to 2030, by region ÌÇÐÄÆƽâ°æ, /statistics/1619261/cagr-beauty-market-by-region/ (last visited August 01, 2026)
Compound annual growth rate (CAGR) of the global beauty market from 2019 to 2024, with a forecast to 2030, by region [Graph], McKinsey & Company, June 9, 2025. [Online]. Available: /statistics/1619261/cagr-beauty-market-by-region/
