North America Cosmeceuticals Market Size Likely to Surpass at a CAGR of 9.3% By 2033

North America Cosmeceuticals Market size was valued at USD 17.8 Billion in 2024 and is expected to reach USD 33.8 Billion by 2033, at a CAGR of 9.3% during the forecast period 2024 – 2033.

North America Cosmeceuticals Market: Overview

Cosmeceuticals are cosmetics containing physiologically active chemicals that are said to provide medicinal effects for the skin. Unlike typical cosmetics, which are designed solely for aesthetic purposes, cosmeceuticals often contain ingredients with scientifically proven effects on the skin, such as antioxidants, peptides, retinoids, and botanical extracts.

In North America, various factors are influencing the cosmeceuticals industry. Natural and organic materials are becoming increasingly popular as customers value clean beauty and sustainable methods. Products containing plant extracts, vitamins, and antioxidants are becoming increasingly popular due to their supposed health advantages and environmental friendliness.

Second, there is a growing interest in anti-aging remedies, fueled by an older population looking for products that address wrinkles, fine lines, and other age-related skin issues. This has resulted in the creation of improved formulations for targeted skincare that include peptides, retinoids, and hyaluronic acid.

Furthermore, there is a growing convergence between skincare and wellness, with products that use adaptogens, probiotics, and CBD to enhance skin health from inside. These patterns indicate a move toward holistic approaches to beauty and skincare driving innovation and growth in the North American cosmeceuticals market.

By type, skincare segment held highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. In North America, the skincare trend is towards clean beauty, with an emphasis on natural and sustainable ingredients, as well as multi-functional products that provide simplicity and efficacy, responding to the rising desire for holistic skincare solutions.

By nature, organic segment held highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Organic skincare and cosmetics are becoming increasingly popular as customers emphasize goods manufactured with natural components that are devoid of synthetic chemicals and pesticides, seeking safer, more environmentally friendly alternatives for their beauty regimens.

Consumer desire for transparency and ethical behaviors is driving a rising trend in the cosmetics sector in the United States toward clean beauty, which emphasizes natural and sustainable ingredients, cruelty-free formulas, and eco-friendly packaging.

Estée Lauder Companies Inc. is an American global cosmetics business that manufactures and markets makeup, skincare, perfume, and hair care products. It is headquartered in Midtown Manhattan, New York City. It is the world’s second-largest cosmetics firm, behind L’Oreal.

Report Scope

CMI has comprehensively analyzed North America Cosmeceuticals market. The driving forces, restraints, challenges, opportunities, key trends have been explained in depth to depict in depth scenario of market. Segment wise market size and market share during the forecast period is duly addressed to portray the probable picture of this North America Cosmeceuticals industry.

The competitive landscape includes of key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

List of the prominent players in the North America Cosmeceuticals Market:

• Procter & Gamble
• L’Oreal S.A.
• The Estee Lauder Companies Inc.
• Coty Inc.
• Shiseido Company Limited
• Colgate-Palmolive Company
• Kao Corporation
• Beiersdorf Group
• Unilever
• Amorepacific
• Johnson & Johnson Services Inc.
• Revlon Inc.
• LMVH
• Oriflame Cosmetics Global SA
• Espa
• Henkel AG & Co. KGaA
• Mary Kay
• Natura&Co
• CHANEL
• KOSÉ Corporation
• Others

The North America Cosmeceuticals Market is segmented as follows:

By Type

• Skincare
• Haircare
• Others

By Nature

• Organic
• Inorganic

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America