Global Luxury Cosmetics Market, By Type (Organic and Convectional Products), Product Type (Skincare, Haircare, Makeup and Fragrance), End-User (Male and Female), Distribution Channel (Supermarkets and Hypermarkets, Speciality and Monobrand Stores, E-Commerce and Others) Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Luxury cosmetics market will reach at a USD 74.3 billion by 2027, with a growth rate of CAGR 5.90% for the forecast period of 2020 to 2027. Increase in the disposable income of the population in developing countries is led to growth of the market.
Cosmetics are products used for cleansing and enhancing the physical features of humans. Luxury cosmetics are products manufactured using premium and organic quality ingredients, sold at a high rate as compared to drugstore products.
Growing health concerns is a vital factor escalating the market growth, expansion of e-commerce through infiltration of internet, as it created international reach, enables consumers to make choices from variety of options are major factors among others driving the luxury cosmetics market. Moreover, demand for halal cosmetics especially from Middle Eastern countries will create further opportunity for luxury cosmetics market the in the forecast period of 2020-2027.
On the other hand, availability of counterfeit products will act as a restrain, and will further challenge the growth of luxury cosmetics market the in the forecast period mentioned above.
This luxury cosmetics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on luxury cosmetics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Luxury Cosmetics Market Scope and Market Size
Luxury cosmetics market is segmented on the basis of type, product type, end-user and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the luxury cosmetics market is segmented into organic and convectional products.
- On the basis of product type, the luxury cosmetics market is segmented into skincare, haircare, makeup and fragrance.
- On the basis of end-user, the luxury cosmetics market is segmented into male and female.
- Based on distribution channel, the luxury cosmetics market is segmented into supermarkets and hypermarkets, speciality and monobrand stores, e-commerce and others.
Global Luxury Cosmetics Market Country Level Analysis
Luxury cosmetics market is analysed and market size, volume information is provided by country, as type, product type, end-user and distribution channel as referenced above.
The countries covered in the luxury cosmetics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe is dominating the luxury cosmetics market as the region has the largest luxury cosmetics market, especially in skin care segment.
The country section of the luxury cosmetics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Luxury Cosmetics Market Share Analysis
Luxury cosmetics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to luxury cosmetics market.
The major players covered in the luxury cosmetics market report are Lacome, NARS, Christian Dior SE, Laura Mercier Cosmetics, Charlotte Tilbury Beauty Ltd., Chanel, Estee Lauder Companies Inc., LOreal S.A, Tatcha LLC, Giorgio Armani S.p.A, Biotherm, Guerlain, Shiseido Company Limited, Givenchy, Estee Lauder Companies Inc., Yves Saint Laurent Beaute, Shiseido Company Limited, Burt’s Bees, Inc., Arbonne International, LLC, Puig SL, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Luxury Cosmetics Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.