Last updated: 25 October The cosmetic market in the UK is enormous. In a how much money does cosmetic industry make each year, it was named the third-largest market ecah in the UK. Globally, the UK has the seventh-largest cosmetics market, with the US and China taking the top two spots. North America and Europe each made ,oney a quarter of the market. Two-fifths of the cosmetic market is comprised of skincare. Haircare and makeup are the next biggest contributors to the market, making up a fifth. MAC Cosmetics either has the most or the second most followers on each platform, making it the strongest brand in terms of followers. Other than MAC, NYX, Benefit and Tarte are the only brands which appear on more than one of the top 10 lists, while the remaining brands each only appear on one of the lists. As of Julythe number of YouTube users was over 1. In the UK, the age group that spent the most on hairdressing and beauty treatments yrar was year-olds. Unsurprisingly, more money industyr ...