Demand for prestige beauty products improved a bit in the third quarter, as overall sales rose 3% to $2.3 billion, according to The NPD Group, Port Washington, NY. In Q2, prestige beauty sales increased 2%. Face is the largest segment within the makeup and skin care markets, accounting for 47% and 81% of dollars, respectively.
Overall makeup sales increased 4% to nearly $933 million; followed by skin care, $831.5 million (+5%) and fragrance, $518.8 million (0%).
“Women are embracing a more comprehensive approach in beauty and investing in the face that stares back at them in the mirror. The regimen starts with complexion perfection, including age specialist skincare, which is complemented by defined and enhanced eyes, and completed by colorful play with their lips,” said Karen Grant, vice president and global industry analyst, The NPD Group, Inc.
Here's a closer look at dollar sales by segment:
• Face makeup, +4%;
• Facial skin care, +5%;
• Eye makeup, +6%;
• Lip makeup, +5%;
• Skin care sets and kits, +14%;
• Hair care, + 8%
More info: www.NPD.com
Q3 Prestige Beauty Sales Rise 3%, says NPD
Published November 15, 2013
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