Market Navigators/Market OutlookUS Beauty—Retail 2024 Sector Outlook: Feel-Good Factor To Drive Sales Swarooprani Muralidhar, Director of Research Sector Lead: Anand Kumar, Associate Director of Retail Research December 8, 2023 Reasons to ReadThe Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail next year, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology. This report, one of our Retail 2024 Sector Outlooks, presents directional market insights and themes to watch in US beauty retailing. Data in this research report include: US beauty market—sales and year-over-year growth, 2020–2024E E-commerce sales growth projections Companies mentioned in this report include: Bath & Body Works, LVMH, Ulta Beauty Other relevant research: Look out for further reports in our Retail 2024 series, including sector outlooks for luxury, apparel and more. Market Navigator: US Beauty—Inclusivity, Premiumization and Innovation Lead the Way Five Ways AI Is Being Used in Beauty Retail All Coresight Research coverage of beauty retail Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: NRF 2025: Retail’s Big Show Wrap-Up—The Future of Retail Will Be Driven by AI, Innovation and a Commitment to SustainabilityRolling Metric Sentiment Declined This Week: Weekly US Consumer Sentiment, Week 36, 2025—InfographicRetail 2025 Sector Outlooks: EbookAnalyst Corner: Three Technologies Driving the Future of US Retail, with Anand Kumar