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Industry sales reached $16 billion in 2015.
February 3, 2016
By: Melissa Meisel
The beauty industry has been growing at a rapid and consistent pace for the last few years, but what is happening below the surface, at the category level, is changing considerably, noted Karen Grant, global beauty industry analyst, The NPD Group. The US prestige beauty industry reached $16 billion in 2015, a 7% increase over 2014 sales, according to global information company The NPD Group, Inc. Makeup experienced the healthiest sales growth (13%), while the fragrance category outperformed s...
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