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Double-digit growth across all categories and rising unit sales, too.
July 22, 2022
By: Christine Esposito
Editor-in-Chief
In the second quarter (Q2) of 2022, US prestige beauty industry sales revenue reached $6 billion, a 16% increase versus Q2 2021, according to The NPD Group. Q1 sales rose 19%, according to NPD. “In addition to its strong revenue growth, beauty is the only industry with rising unit sales so far this year across the 14 discretionary retail industries tracked by NPD in the U.S.— a testament to its resilience considering the beauty industry reverted to 2015 sales levels in 2020,” said Larissa ...
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