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The cosmetic industry is very big in North America and Europe. "The market volume of the cosmetics industry in the US, Europe, and Japan is about EUR €70b per year, according to a 2005 publication."
from Wikipedia
Wiki User
∙ 6y ago
Wiki User
∙ 14y agoIt is a 230 billion dollar industry based on forbes.com. L'oreal and Maybelline has the most % on the cosmetic stakes world wide. There are so much room in the cosmetic industry that a lot of the small business have huge potential on making it big. The problem with that is that big companies buy them out first before they can reach that level.
Reference:
http://www.forbes.com/2006/02/08/best-selling-cosmetics_cx_me_0209feat_ls.html
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