Market Information Papers
Cosmetics, Spa and Beauty Products
Cosmetics, spa, and beauty products comprise a significant portion of the Canadian retail market. Statistics Canada reports that out of total household consumption spending of $56,279, Canadian households spent about $2,285 on health care products and $1,194 on personal care products in 2012. Industry experts estimate that the Canadian cosmetics, spa and beauty retail market is valued at $5.3 billion annually, a number that is expected to rise by 5-6% each year. Imports satisfy about 93.2% of Canadian domestic demand for cosmetics and beauty products, up from 89% in 2009. Reaching a five year high of $2.9 billion in 2013, imports of the products covered in this report were led by Beauty or Make-Up Preparations ($1.3 billion).