UK Color Cosmetics Market Worth £1.5 In 2013, Study Shows

In the UK, total sales of color cosmetics grew 6 percent to £1.5 billion in 2013, compared with the £1.4 billion sales in the previous year, according to market research firm Mintel. Data also revealed that sales of mass market color cosmetics are forecast to reach £1 billion in 2014, with prestige makeup sales predicted at £552 million. Prestige cosmetics accounted for 35 percent of total sales, or £531 million, compared with 34 percent, or £491 million, in 2012. Mass market cosmetics’ share of the total sales, however, fell from 66 percent, or £939 million, in 2012 to 65 percent, or £986 million, in 2013.