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Sales revenue grew by 19% to $1.7 billion in the first half of 2023 versus last year.
August 16, 2023
By: Lianna Albrizio
Associate Editor
Beauty continues to hold the top spot as the fastest-growing industry in Canada. Sales revenue grew by 19% to $1.7 billion in the first half of 2023 versus last year, according to Circana, formerly IRI and The NPD Group. Unit demand was also strong across all categories, with units sold increasing across the board. Makeup was the fastest-growing category, with sales revenue up 25% in H1, contributing over 40% of total beauty industry gains during this period. Face makeup sal...
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