The beauty industry has significantly evolved in recent years, with social media platforms assuming a pivotal role in shaping consumer behaviors and preferences. As of 2024, the latest Statista trends in beauty shopping on social media reveal fascinating insights into how shoppers discover, buy, and promote beauty products. Social sites ranked the third most popular online channel worldwide for beauty product inspiration. On average, nearly 30 percent of global users watched reviews of makeup products on social media in 2023, with the highest viewership in Indonesia, India, and Mexico at 43 percent.
Social media has become the leading platform for product discovery, with 27% of consumers preferring to find new products on social platforms over any other channel. Consumers can purchase products through shoppable links, referrals to online stores, or in-app purchases directly on social platforms. Furthermore, 41% of consumers have discovered…
a product on social media in the past three months, highlighting the growing influence of these platforms on shopping behaviors. This trend underscores the importance of social media in modern marketing strategies for beauty brands.
Table: Social Media as a Discovery Channel Statistic Percentage Consumers preferring social media for product discovery 27% Consumers who discovered products on social media in past 3 months 41% Consumers searching for brands on social media before purchase 84% 2.
Dominance of TikTok for Beauty Purchases TikTok has emerged as the leading platform for online beauty product purchases in the United States, capturing nearly 33% of the market share in 2023. Instagram follows closely with a 28% share.
This dominance is attributed to TikTok’s engaging content format and ability to evoke viral trends quickly. Looking closely at what is trending on TikTok globally, Huda Beauty stands out as the most followed cosmetics brand with 8.7 million fans…
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