Voice shopping predicted to grow by $38bn over next 4 years

By Becky Bargh | Published: 7-Mar-2018
Research & Development Finance

The growth of this new sector could be the next ‘major disruption’ in the retail industry

You need to be a subscriber to read this article.
Click here to find out more.

Voice-commerce is predicted to rise to a US$40bn industry by 2022, according to study conducted by OC&C Strategy Consultants.

The voice segment is currently worth

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Finance

Ulta Beauty adds Martin Brok and Stephenie Landry to board of directors

Read more
Brok previously served as Global President and CEO of Sephora, and currently serves on the board of beauty brand Revlon, while Landry is an ex-Amazon executive

Trending Articles

  1. L'Oréal, LVMH and Luxottica named preferred buyers of Giorgio Armani empire The late Italian fashion designer has given purchasing priority to L'Oréal, along with LVMH, owned by the world’s richest man, Arnault Bernard, and eyewear brand Luxottica
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Marionnaud pulls out of Poland The retailer is looking to complete the process in Q1 of 2014
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    From Estée Lauder to Chanel: The beauty industry’s biggest job cuts of 2025 Mass beauty brand owners and luxury firms alike have made layoffs this year amid falling sales and tough economic challenges. Are more to come?
  4. Face The Future grows luxury hair portfolio with Luxurious Look acquisition The online beauty retailer’s acquisition of the luxury hair care retailer comes as Face The Future enters a new growth phase
  5. Klarna launches new shopping app allowing users 'buy now, pay later' via any online retailer The app has been rolled out to UK-based consumers and means users can split the cost even if the store has not officially partnered with the Swedish fintech

Upcoming event

13th Annual Beauty Trends & Innovations Conference

24 September 2025 | London, UK See all

You may also like

Finance

Ulta Beauty adds Martin Brok and Stephenie Landry to board of directors

Brok previously served as Global President and CEO of Sephora, and currently serves on the board of beauty brand Revlon, while Landry is an ex-Amazon executive
Finance

Beauty accelerator SuperOrdinary inks strategic deal with Amazon

The distribution group will help DTC brands retail their products via the online selling giant
Finance

Consumers prioritise cost and value as festive spending hit by Covid-19

More than 40% of consumers admitted their spending habits have been affected by the pandemic
Finance

Amazon and Alibaba among e-commerce giants set to hold 65% of beauty sales by 2025

According to the new prediction, online shares of beauty sales will increase 23% by 2023
You need to be a subscriber to read this article.
Click here to find out more.
Finance

Amazon cracks down on beauty counterfeiters with lawsuit

The American e-commerce giant has partnered with the makers of Wunderbrow to tackle the illicit cosmetics market
Finance

Amazon hires 100,000 new staff to cope with surge in demand amid Covid-19 spread

The online retailer has promised an additional US$2 per hour for its current employees throughout April
Finance

Retailer shares drop as Amazon muscles into professional beauty

The online e-commerce giant's new platform for hair stylists and beauticians has been a blow to Ulta and Sally Beauty
Subscribe now