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NPD Highlights of Prestige Beauty Market for Q3 2013 Shows $2.3 Billion in Sales
Posted: November 15, 2013
The NPD Group released highlights on the U.S. prestige beauty market, with its "Q3 2013 Industry Pulse: Women Put Their Best Face Forward." According to The NPD Group, in U.S. department stores, prestige beauty products totaled $2.3 billion for the third quarter of 2013, a 3% increase over Q3 2012.
Makeup sales for the prestige segment for Q3 2013 were $932,712, a 4% increase over Q3 2012. The segment's skin care category grew 5% from Q3 2012 to $831,553 for Q3 2013. And fragrance was flat from Q3 2012 to Q3 2013, with sales of $518,812.
Face is the largest segment within the makeup (47% of dollars) and skin care (81% of dollars) markets. Face makeup was up 4% for Q3 2013, and facial skin care was up 5%. Eye and lip segments were the strongest performers in makeup, with eye makeup up 6% and lip makeup up 5%. Sets and kits and the hair segment also contributed to skincare growth, as skin care sets and kits increased 14%, and hair care up 8%.
“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.