STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

ASSIGNMENT – 1
20 DIFFERENT /
DISTINCT STATISTICS
OF THE BEAUTY
INDUSTRY – MAKE-UP

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

20 STATISTICAL DATA ABOUT MAKE-UP:

INTRODUCTION:

Makeup application is not only about learning how to apply it, but also about the components
of the makeup you use. It is essential to have proper knowledge of makeup application when
making over your clients. Changing lifestyles, and growing awareness contributed to a
significant development in India’s cosmetic industry. India is ranked fourth globally for
generating the highest revenue from the beauty and personal care market in 2021. The
cosmetics market worldwide is controlled by a handful of conglomerates like
Unilever, Procter & Gamble, and L’Oréal. Although these were immensely successful in
India, domestic counterparts have an equal footing, with newer, organic brands entering the
market. However, the international brands were not able to fulfil the demand for products
suitable for Indian skin types which created an opportunity for local companies such as
MamaEarth, Khadi Essentials Plum, and SoulTree to promote their homemade cosmetics and
personal care products.

1. The global beauty industry market is valued at $511 billion.

The rapid increase of the cosmetic industry’s worth is no surprise, as the demand for
beauty and personal care products will always be high. Also, the beauty industry’s
worth has grown, which can be accredited to social media influencers and brand
ambassadors.

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

2. Women in the US spend up to $3,756 on products each year.

Beauty statistics show that women in the US spend a significant amount of money on
beauty products. They spend around $313 per month, which adds to about $225,360
throughout their lifetime.
3. L’Oreal, generating more than $30 billion in annual sales, is the world’s leading cometic
company.

L’Oréal has expanded into almost all sectors of the beauty industry with cosmetic
brands like Maybelline. It has also launched luxury brands such as Lancôme and
Giorgio Armani. What’s more, the company invested in haircare products—Kérastase
and Redken lines. In terms of beauty industry revenue, Unilever, the company behind
Dove, Axe/Lynx, and Vaseline, ranks second. Finally, Estée Lauder, which holds over
25 brands in 150 countries, rounds off the world’s top three beauty companies.

4. L’Oreal had revenue of $29.4 billion in 2020.

New beauty brands continue to

emerge, hoping to tap into this hugely
successful industry. However, L’Oreal
still sits at the top. With its unique
products and authenticity, it’s the
leading personal care brand globally.

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

5. The global beauty industry is estimated to hit $716.6 billion by 2025.

Moreover, it will grow at a CAGR of 5.9% during that period. This is because many brands
are more inclusive and create gender-neutral products. That’s why this booming industry
may do more than expected in the coming years.

6. The worldwide fragrance market is estimated to reach $52.4 billion by 2025.

When it comes to fragrance products, beauty stats show that noerth America is the
largest global market in the wworld. Products like deodorants are an essential part of a
personal care routine. Stats also reveal that L’Oreal is the leading company for fragrance
and cologne products.

7. The organic and natural beauty product market is estimated to hit $54 billion in 2027.

Beauty products with organic and

natural ingredients are among the
hottest trends in this industry. As a
result, people are more aware that
they should pay attention to the
components of the beauty products
Cosmetic industry statistics worldwide
indicate that this industry will most likely hit the $54 billion mark and boost the global
market.

8. Consumers are 40% more willing to try new beauty products than before the
coronavirus pandemic.

This information isn’t shocking. Asia is well-known for its comprehensive skincare
routines and fantastic beauty products. Beauty is an essential part of Asian culture, and
women are especially interested in it. On the other hand, Africa holds only 3% of the
market share.

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

9. Skincare products were the best-selling goods of 2019.

Of all the beauty products sold that year, skincare products topped the list with
40%. Next in line, we had hair care products (21%), followed by make-up (18%),
perfumes (11%), and hygiene products (10%).
10. The COVID-19 pandemic is no match for the beauty industry.
Last year, in China, beauty sales fell by a staggering 80% compared to 2019. However,
in less than a month, there was merely a 20% decline; in other words, a 60% rebound.
Therefore, we can safely say that when it comes to the beauty industry, the
coronavirus can’t bring it down.
11. E-commerce sales continue to grow, many shoppers buy cosmetics and beauty
products at retail stores.
When it comes to cosmetics sales, Ultra
Beauty is the leading health and beauty
retailer in the United States. In 2019, the
chain beauty store generated
approximately $7.4 billion in retail sales.
Sephora, another popular beauty retail
chain, was slightly behind Ultra, generating
about $5.9 billion in retail sales that year.
12. Online sales of cosmetics grew by 30.5% in 2019.
Despite the steady growth of the online segment in the past three years, the
penetration of 9.3% is still small. The figure is even smaller when compared to the 81%
market share of brick-and-mortar stores. Personal care industry statistics and surveys
state that the main problem lies in testing the products in person. As many as 46% of
users say they still want to see and try out the items in person. What’s more, 18%
prefer to get advice from an in-store assistant on which products to purchase.
13. In India, expiration dates aren’t necessarily included on the packaging.
When it comes to certain products in smaller quantities, it’s not unusual for the expiration date
to not be stated on the product’s packaging. It is especially true in India. In this case, it’s useful
to keep this in mind—you can use most skincare products for about two years. Still, be careful
with eye makeup products, such as eyeliners, mascara, and eyeshadows. We suggest that you
change the products more often to avoid possible infections.

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

14. Nykaa vs Purplle

15. Technology is talking over the beauty industry.

More and more brands are incorporating technological devices into their portfolio.
Those technological advances often include 3D scanning devices, together with
accompanying apps. Other new beauty industry trends of 2020 included the
development and sales of male personal care products. Finally, another hot topic
these days is gender-neutral makeup.
16. Amazon & Walmart
Amazon’s success in yet another CPG category is no surprise. According to Edison
Trends data, health and beauty is the third-most-purchased category — accounting
for 44.3% of total online sales in the US. Consumers cite the convenience of Amazon’s
website, easy navigation, and service as the main reasons they choose Amazon over
Walmart.
17. Beauty industry stats show that 70% of men use sunscreen or sun protection.
As it turns out, a third of American dads and a fifth of childless male Americans say they have a
skincare routine. According to them, they do care about the use of proper anti-aging cosmetics.
What’s more, 70% of examinees confirm that they use sun protection products. About two-
thirds of the participants use moisturizers and other skincare products. These figures oppose the
widespread presumption that men neither care about their skin’s appearance nor boost
the skincare industry growth.

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

18. Beauty Products by Market Share and Growth: Skin Care, Hair Care, Make-Up &
Perfumes.

Across product categories, skincare made up 40% of the global cosmetic market in
2019.
19. CBD Cosmetics are another one of the beauty industry trends on the rise.
CBD has emerged to meet demands for natural skincare and beauty products. According
to the latest reports, quality CBD creams and lotions could soon account for a whopping
10% of the global skincare market. In other words, it’s estimated to reach $959 million
by 2024 as the sector gets more regulated and welcomes new players.
20. Market overview
The global cosmetics market size was valued at $380.2 billion in 2019, and is projected
to reach $463.5 billion by 2027, registering a CAGR of 5.3% from 2021 to 2027.

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

ASSIGNMENT – 2 & 3
C0RRELATION
COEFFICIENT,
REGRSSION LINE FITTING AND
TREND ANALYSIS DOR THA
DATA ON THE NIFTY FIFTHY
AND SHARE PRICE OF ADITYA
BIRLA LTD.

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

FIND CO-RELAATION CO-EFFICIENT FOR THE FOLLOWING ADITYA BIRLA LTD. NIFTY-FIFTY:

DATE ADITYA BIRLA GROUP (U) NIFTY (V) U V UV U2 V2

2022 (CLOSING PRICE)
114 17542.8 -1 -224.2 224.2 1 50265.64
02-Sep-22 115 17539.45 0 -227.55 0 0 51779
05-Sep-22 115 17665.8 0 -101.2 0 0 10241.44
06-Sep-22 115 17655.6 0 -111.4 0 0 12409.96
07-Sep-22 115 17624.4 0 -142.6 0 0 20334.76
08-Sep-22 115 17798.75 0 31.75 0 0 1008.06
09-Sep-22 115 17833.35 0 66.35 0 0 4402.32
12-Sep-22 119 17936.35 4 169.35 677.4 16 28679.42
13-Sep-22 118 18070.05 3 303.05 909.15 9 91839.3
14-Sep-22 118 18003.75 3 236.75 710.25 9 56050.56
TOTAL 1159 177670.3 9 0.3 2521 35 327010.5
MEAN 115.9 17767.03
ASSUMPTION 115 17767

CO- RELATION =
CO- EFFICIENT

= 0.27

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

FIND REGRESSION CO-EFFICIENT FOR THE FOLLOWING DATA OF ADITYA BIRLA NIFTY-FIFTY
DATE ADITYA BIRLA GROUP (U) NIFTY(V) U V UV U2 V2
2022 (CLOSING PRICE)
114 17542.8 -1 -224.2 224.2 1 50265.64
02-Sep-22 115 17539.45 0 -227.55 0 0 51779
05-Sep-22 115 17665.8 0 -101.2 0 0 10241.44
06-Sep-22 115 17655.6 0 -111.4 0 0 12409.96
07-Sep-22 115 17624.4 0 -142.6 0 0 20334.76
08-Sep-22 115 17798.75 0 31.75 0 0 1008.06
09-Sep-22 115 17833.35 0 66.35 0 0 4402.32
12-Sep-22 119 17936.35 4 169.35 677.4 16 28679.42
13-Sep-22 118 18070.05 3 303.05 909.15 9 91839.3
14-Sep-22 118 18003.75 3 236.75 710.25 9 56050.56
TOTAL 1159 177670.3 9 0.3 2521 35 327010.5
MEAN 115.9 17767.03
ASSUMPTION 115 17767

REGRESSION CO-EFFICIENT Byx = Bxy =

= =

= =

Byx =93.71 Bxy = 0.008

This Regression line y on x

(y-𝑦 ̅) = Byx (x- 𝑥 ̅)

(y - 17767.03) = 93.71 (x - 115.9)

y = 17767. 03 + 93.71 x - 115.9 (93.71)

y = 93.71 x - 6906.041

This Regression line x on y

(x - 𝑥 ̅ ) = Bxy (y - 𝑦 ̅)

(x -115.9) = 0.008 (y - 17767.03)

x = 115.9 + 0.008y - (17767.03) (0.008)

x = 0.008 y - 26.24

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

DATE ADITYA BIRLA GROUP (U) NIFTY(V)

2022 (CLOSING PRICE)
01-Sep-22 114 17542.8
02-Sep-22 115 17539.45
05-Sep-22 115 17665.8
06-Sep-22 115 17655.6
07-Sep-22 115 17624.4
08-Sep-22 115 17798.75
09-Sep-22 115 17833.35
12-Sep-22 119 17936.35
13-Sep-22 118 18070.05
14-Sep-22 118 18003.75

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ADITYA BIRLA GROUP (U) NIFTY(V)

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STATISTICS ON MAKE-UP, CO-RELATION & REGRESSION

BIBLIOGRAPHY:
https://dealsonhealth.net/beauty-industry-statistics/

https://capitalcounselor.com/beauty-industry-statistics/

https://medalerthelp.org/blog/beauty-industry-statistics/

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