US Cosmetics Market Size & Spending in 2022 - Industry Insights

It's difficult to give a precise number for the amount spent on cosmetics in the US, as there are different definitions of "cosmetics" and data sources vary in their scope. However, we can look at some estimates:

* The US Department of Commerce reports $61.9 billion in sales of "toiletries and personal care products" in 2022. This category includes cosmetics, but also things like soap, shampoo, and toothpaste.

* Market research firms estimate the US cosmetics market to be worth around $70 billion. This figure specifically focuses on cosmetics like makeup, skincare, and fragrances.

Therefore, a rough estimate for the amount spent on cosmetics in the US is between $60 billion and $70 billion per year.

It's important to note that these are just estimates, and the actual amount spent could be higher or lower. The market is constantly evolving, and factors like economic conditions and consumer preferences can influence spending.