US Teens' Beauty Spending Jumps 8% vs Last Year

Apr 9, 2024 · That said, fragrance spend has spiked 23% year-over-year. e.l.f. remains the top color cosmetic brand, jumping 16 points year-over-year to 38%; it also ranks in the top 10 skin care brands and beauty destinations among the teens surveyed. According to the survey, 85% …

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US Teens' Beauty Spending Jumps 8% Vs Last Year

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gcimagazine.com

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Teens Ramp Up Spending On Beauty, Pull Back On Shoes, Apparel

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Apr 12, 2024 · Teen spending on beauty has reached its highest level since spring 2018, growing 8% YoY to reach $339 per person annually, per the survey. Cosmetics holds the majority …

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Sephora, Ulta, And E.l.f. Among The Top Beauty Brands For US …

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Apr 9, 2024 · Beauty spending is up among teens, ... Overall, growth for US mass beauty brands is slowing, with sales increasing 3-4% year over year in Q1 compared to the 7% jump in Q4. ...

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Fragrances Lead Beauty Spend Among Teens: Survey - Yahoo Finance

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Apr 10, 2024 · Beauty spending rising 8% year-over-year among US teens. That's according to that Piper Sandler teen survey. The core beauty wallet reaching the highest level since spring of 2018.

yahoo.com

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Teens X Beauty: A Growing Love Affair - Global Cosmetic Industry

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May 1, 2024 · Color cosmetics are the top sector teens are spending on. That said, fragrance spend has spiked 23% year-over-year. ... a provider of influencer marketing software, the …

gcimagazine.com

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5,690 40% - Piper Sandler Companies

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• The core beauty wallet (cosmetics, skincare, fragrance) stood at $313/year (+19% Y/Y), led by cosmetics (+32% Y/Y) • Cosmetics held the highest priority of beauty spending at $123, …

pipersandler.com

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Teen Spending On Makeup Soars: Here's How Investors Can Benefit

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Oct 14, 2016 · Beauty spending is up 20% from last year, according to Piper Jaffray's most recent semi-annual teen survey, as makeup and skincare continue to gain wallet share among young …

investors.com

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Gen Z Survey Shows Jump In Beauty Spend, Daily Makeup Use

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Oct 12, 2022 · Piper Sandler's 44th semi-annual Taking Stock With Teens survey of 14,500 U.S. Gen Z teens* shows that beauty spending is up 20% year-over-year, totaling $264/year (all …

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Teens Are Spending Less This Year. Where Their Allowances Are …

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Wealthy teens spent 12% less on fashion than they did a year earlier. Their spending on apparel declined 13%, outlays for shoes fell 3%, and purchases of accessories fell 21%.

msn.com

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Teens, Social Media And Technology 2024 | Pew Research Center

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Dec 12, 2024 · This is down from 71% in 2014-15, though the share of teens who use the site has remained stable in recent years. And 17% of teens say they use X (formerly Twitter) – about …

pewresearch.org

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[update] Teen Spending & Beauty Preferences: Fall 2020

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Oct 6, 2020 · Skin care spending for all female teens overall was $101/year, down 3% Y/Y and down 4% vs. multi-survey avg. of $106. When asked about clean beauty, 57% of female teens …

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FAQs about US Teens' Beauty Spending Jumps 8% vs Last Year Coupon?

How much do teens spend on beauty products a year?

In a new survey from Piper Sandler, Taking Stock With Teens, teens' overall "self-reported" spending was down 6% year over year to $2,263 — but they didn't hold back on beauty products. Annual spending on beauty is up 8% to $339, the highest level since 2018, with makeup holding the highest share, but fragrance seeing the most growth. ...

How has teen spending changed over the years?

Females 'led the increase in teen spending.' Female teens reported a year-over-year spending increase of 10%. Skincare was the biggest category for beauty spending. Beauty spending has increased among teens. Courtesy of Piper Sandler Cosmetics was a close second, followed by hair care. ...

Why is beauty spending increasing among teens?

According to a recent Piper Sandler survey, beauty spending among teens has risen 8%. To provide insight into what is driving this trend, Piper Sandler Senior Research Analyst Korinne Wolfmeyer joins Yahoo Finance. Wolfmeyer highlights that fragrances were the biggest catalyst for the increase in beauty spending. ...

Are teens buying into beauty?

GRWM: Teens are buying into beauty: The “core beauty wallet” (cosmetics, skincare, and fragrance) is up 23% to $324 per year, and cosmetics are the top priority at $127, the most $$ they’ve spent on the category since 2019. ...

How much do teenagers spend on makeup a day?

According to the survey, the number of teenagers saying they wear makeup every day jumped to 45% this spring, up from 37% a year ago and around 20% in 2021. Survey takers who said they wore makeup daily spent an average of $185 a year on cosmetics, compared with the survey average of $123 a year. Top Beauty Shopping Destinations ...

Do teens spend more on makeup than skincare?

For the first time since 2020, teenagers spend more on makeup than skincare, according to Piper Sandler Companies' 45th semiannual "Taking Stock With Teens" survey. The report highlights discretionary spending trends and brand preferences from teens across the US, with an average age of 16.2 years. Beauty Takeaways ...