According to The NPD Group, which recently merged with Information Resources, Inc. (IRI®), to create a leading global technology, analytics and data provider, the Canadian Beauty industry was Canada’s fastest growing industry in the first half of 2022 with sales fully recovering back to 2019 levels. According to NPD, Beauty products sold within prestige beauty retail channels increased +32% or +$351M to $1.4B for January – June 2022 vs. LY. Unit sales increased +29% and the average selling price increased by 2% vs. last year.
(PRWeb September 23, 2022)
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