How much do you spend on your beauty products? We've compiled a list of interesting numbers from the beauty industry.
- The average woman spends $50,000 on her hair in her lifetime[1]
- Women who color their hair spend an average of $330 a year [1]
- The average woman spends $15,000 on makeup in her lifetime[2]
- The average woman spends 20 minutes doing her makeup each day, equivalent to 330 days in her lifetime [2]
- 10% of Americans spend an average of $300 a year on indoor tanning[3]
- Each year, women spend a total of $9 billion on tanning and $3 billion on tanning products [3]
- In 2009, Americans spend $10 billion on cosmetic surgery. 85% of those procedures were non-surgical, like Botox[4]
- 98% of women 25-54 years of age who visit a dermatologist or plastic surgeon spend up to $500 a year on facial procedures[5]
- Americans spend around $12 billion annually on anti-aging products[6]
- According to Business Wire, in 2003: total US market for tanning is over $9 billion per year, and does not include the $3 billion tanning products market.[7]
Sources: [1] (2010) http://main.stylelist.com/2010/03/29/the-price-of-pretty-women-spend-50-000-on-hair-over-lifetime/
[2] (2010) http://www.bellasugar.com.au/How-Much-Women-Spend-Makeup-Life-7708228
[3] (2007) http://www.wisebread.com/the-cost-of-tanning
[4] (2010) http://caffertyfile.blogs.cnn.com/2010/03/10/10-billion-spent-on-cosmetic-procedures-despite-recession/
[5] (2009) http://www.reuters.com/article/2009/04/23/idUS116918+23-Apr-2009+BW20090423
[6] (2008) http://takecareofyourskin.wordpress.com/2008/06/17/profit-from-looking-younger/
[7] http://www.wisebread.com/the-cost-of-tanning
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