According to Statista forecasts, the beauty tech market in Germany is expected to grow at a CAGR of **** percent between 2021 and 2026. When compared to other major markets, this rate makes Germany the fastest growing market. Yet, when it comes to total revenue of the market, Germany ranked in sixth place out of the seven countries analyzed by Statista. In the beauty tech market, United States and China were the leading two countries with the highest revenues.
About methodology: Beauty tech is defined as cosmetics, skincare, and personal care products purchased by consumers that have used beauty- and personal care- specific software prior finalizing their purchase. Beauty and personal care software include mobile applications for smartphones and tablets (e.g., apps for virtually trying-on cosmetics) and AI-powered devices (e.g., smart mirrors, make-up personalizing devices). The revenue estimates and forecasts build on Statista’s primary research (Global Consumer Survey on Beauty and Cosmetics) and other primary data from the Statista platform as well as third-party data sources, through which short- and long-term market trends are observed.
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Statista. (February 7, 2022). Estimated compound annual growth rate (CAGR) of the beauty tech market between 2021 and 2026, by country [Graph]. In Statista. Retrieved July 12, 2025, from https://www.statista.com/statistics/1332972/beauty-tech-market-cagr-by-country/
Statista. "Estimated compound annual growth rate (CAGR) of the beauty tech market between 2021 and 2026, by country." Chart. February 7, 2022. Statista. Accessed July 12, 2025. https://www.statista.com/statistics/1332972/beauty-tech-market-cagr-by-country/
Statista. (2022). Estimated compound annual growth rate (CAGR) of the beauty tech market between 2021 and 2026, by country. Statista. Statista Inc.. Accessed: July 12, 2025. https://www.statista.com/statistics/1332972/beauty-tech-market-cagr-by-country/
Statista. "Estimated Compound Annual Growth Rate (Cagr) of The Beauty Tech Market between 2021 and 2026, by Country." Statista, Statista Inc., 7 Feb 2022, https://www.statista.com/statistics/1332972/beauty-tech-market-cagr-by-country/
Statista, Estimated compound annual growth rate (CAGR) of the beauty tech market between 2021 and 2026, by country Statista, https://www.statista.com/statistics/1332972/beauty-tech-market-cagr-by-country/ (last visited July 12, 2025)
Estimated compound annual growth rate (CAGR) of the beauty tech market between 2021 and 2026, by country [Graph], Statista, February 7, 2022. [Online]. Available: https://www.statista.com/statistics/1332972/beauty-tech-market-cagr-by-country/
