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Black beauty statistics.

A sourced snapshot of beauty-market growth, Black consumer spending and representation. Updated September 28, 2026.

What this page covers

These figures bring together recent market reporting with McKinsey's research on Black consumers and Black beauty brands. Each number links to its original source and includes the date or period it describes. The evidence is useful context, not a substitute for the lived experience of a community or a single shopper.

01

$446 billion

Global beauty retail sales in 2023

McKinsey reports that global beauty retail sales, across fragrance, makeup, skin care and hair care, grew 10% in 2023.

Source: McKinsey, The beauty boom and beyond, September 2024

02

$114 billion

Projected North American beauty market by 2027

McKinsey projected North America would reach $114 billion by 2027 in its 2023 beauty market outlook.

Source: McKinsey, The beauty market in 2023, May 2023

03

$33.9 billion

U.S. prestige beauty sales in 2024

U.S. prestige beauty dollar sales increased 7% from the previous year, according to Circana.

Source: Circana, U.S. Beauty Industry Sales Grow, February 2025

04

+5%

Prestige makeup sales growth in 2024

Makeup remained the largest prestige beauty category, with dollar sales up 5% in 2024.

Source: Circana, U.S. Beauty Industry Sales Grow, February 2025

05

+19%

Prestige lip sales growth in 2024

Lip was the top-performing makeup segment in Circana's 2024 U.S. prestige data.

Source: Circana, U.S. Beauty Industry Sales Grow, February 2025

06

$6.6 billion

Black consumer beauty spending in 2021

McKinsey estimated Black consumers accounted for 11.1% of total U.S. beauty spending in 2021.

Source: McKinsey, Black representation in the beauty industry, June 2022

07

2.5%

Beauty revenue attributed to Black brands

McKinsey's 2021 analysis found Black-founded or Black-owned brands represented 2.5% of beauty-industry revenue.

Source: McKinsey, Black representation in the beauty industry, June 2022

08

83%

Surveyed Black consumers who preferred Black brands

McKinsey reported this preference in its consumer research on the barriers and opportunities facing Black beauty brands.

Source: McKinsey, Black representation in the beauty industry, June 2022

Methodology and sources

Built to be cited, kept honest.

This page uses named, publicly available industry reporting from Circana and McKinsey. Market figures are left in the terms used by each source, so they should not be added together or treated as the same measure. The Black consumer and brand figures come from McKinsey's analysis of 2021 data and surveys, published in 2022. We show their reference period plainly because a useful statistic needs a date as much as it needs a number.

Cite this page

Mafatini. “Black Beauty Statistics: Market, Spending and Representation.” Updated September 28, 2026. https://mafatini.com/black-beauty-statistics

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