Emerging Trends Influencing The Growth Of The AI in Beauty And Cosmetics Market: Technological Advancements With Voice-Enabled Makeup Assistant

The AI in Beauty And Cosmetics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the AI in Beauty And Cosmetics Market Size Expected to Be by 2034?
The market size for AI in beauty and cosmetics has witnessed significant expansion in the recent past. An increase from $3.72 billion in 2024 to $4.4 billion in 2025, with a compound annual growth rate (CAGR) of 18.3%, is expected. Factors such as personalized beauty advice, skin evaluation and diagnostics, virtual makeup specialists, the impact of social media, and improved customer interaction have contributed to the growth during the historical period.

The artificial intelligence (AI) market for beauty and cosmetics is set to undergo significant expansion in the coming years, reaching a valuation of $9.44 billion by 2029 and boasting a compound annual growth rate (CAGR) of 21.0%. The presumed growth over the targeted period is associated with the applications of AI in tasks ranging from product formulation to AI-created content, from augmented reality (AR) shopping experiences to effective beauty devices, from personalized, data-driven product recommendations to implementation of sustainability measures through AI. Key trends to be observed during the projected period include technologies that match colors, virtual testing options, customized beauty suggestions, customer support via chatbots, and content creation based on AR for beauty.

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What Are the Emerging Segments Within the AI in Beauty And Cosmetics Market?
The AI in beauty and cosmetics market covered in this report is segmented -

1) By Type: Personalized Recommendation Tools, Performance marketing Measurement Platforms, Demand Forecasting And Supply Chain Tools, Real-Time Customer Service Platforms, AI-Based Beauty Devices
2) By Distribution Channel: Specialist Retail Stores, Super markets And Hyper markets, Convenience Stores, Pharmacies, Drug Stores, Online Retail, Other Distribution Channels
3) By End-User: Skincare, Haircare, Make-up, Fragrances, Other End-Users

Subsegments:
1) By Personalized Recommendation Tools: Skin Analysis Applications, Hair Color and Product Matching Tools, Makeup Shade and Style Advisors
2) By Performance marketing Measurement Platforms: Analytics Tools For Campaign Performance, Customer Engagement And Retention Metrics, Social Media Performance Analysis
3) By Demand Forecasting And Supply Chain Tools: Inventory Management Solutions, Sales Prediction Tools, Trend Analysis And market Insights
4) By Real-Time Customer Service Platforms: AI Chatbots for Customer Support, Virtual Assistants For Product Information, Automated FAQ and Troubleshooting Systems
5) By AI-Based Beauty Devices: Smart Skin Care Devices, AI-Powered Makeup Applicators, Hair Care Devices with AI Technology

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What Long-Term Drivers Are Shaping AI in Beauty And Cosmetics Market Trends?
The escalating requirement for bespoke beauty and cosmetic items is forecasted to drive the expansion of AI in the beauty and cosmetics sector in the future. These unique products cater to the individual needs and preferences of every customer, spanning from the components, sensations, scents, to the packaging. AI plays a crucial role in creating personal beauty and cosmetic experiences using data analysis, image identification, formulation enhancements, and virtual try-on technologies. To illustrate, according to the International Trade Administration, a US government agency, over 60% of consumers in Vietnam use skincare products on a daily basis in August 2024, indicating huge demand. A research conducted by Q and Me in 2022 discovered that 95% of women between the ages of 25 and 45 routinely use these products, allocating an average of 740,000 VND (approximately US$30) every month. Consequently, the surging requirement for custom-made beauty and cosmetic products is catalyzing the expansion of AI in the beauty and cosmetics industry.

Who Are the Top Competitors in Key AI in Beauty And Cosmetics Market Segments?
Major companies operating in the AI in beauty and cosmetics market include Procter & Gamble Company, Pure & Mine, L'Oréal S.A., Sephora Inc., Beiersdorf AG, Shiseido Co. Ltd., Elizabeth Arden Inc., OpenAI LP, GAN-powered solution, Anokai, EpigenCare Inc., Novi, Perfect Corp., Lottie London, Banuba Inc., Luna Fofo, Revieve, Ciaté London, mySKIN, Haut.AI, YOUS Skincare, My Beauty Matches, Youth Laboratories, Opte Wand, Perso Limited

What AI in Beauty And Cosmetics Market Trends Are Gaining Traction Across Different Segments?
Advancements in technology are becoming an increasingly prominent trend within the AI in beauty and cosmetics industry. To maintain their standings, businesses within this market are embracing these new technologies. One example is the US-based makeup and wellness product manufacturing company, The Estée Lauder Companies, Inc. In January 2023, they unveiled a Voice-Enabled Makeup Assistant (VMA) application. This innovative VMA utilizes vocal teaching systems, providing users with real-time tips and feedback as they apply various makeup products like lipstick, eyeshadow, or foundation. The ELC VMA is capable of identifying makeup present on a user's face, using AI to assess consistency, applicability, and coverage. Furthermore, the VMA can find any face areas requiring a more detailed application and notify users where they need to put extra care in their makeup application.

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Which Regions Are Becoming Hubs for AI in Beauty And Cosmetics Market Innovation?
North America was the largest region in the AI in beauty and cosmetics market in 2024. The regions covered in the AI in beauty and cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the AI in Beauty And Cosmetics Market?
2. What is the CAGR expected in the AI in Beauty And Cosmetics Market?
3. What Are the Key Innovations Transforming the AI in Beauty And Cosmetics Industry?
4. Which Region Is Leading the AI in Beauty And Cosmetics Market?

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