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Luxury Cosmetics Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 131
  • SKU: IRTNTR73738
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The luxury cosmetics market share is expected to increase to USD 28.22 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.77%.

This luxury cosmetics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers luxury cosmetics market segmentation by type (organic and conventional) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The luxury cosmetics market report also offers information on several market vendors, including CHANEL Ltd., Christian Dior SE, Coty Inc., Kao Corp., Kose Corp., La Mer Technology Inc., Laura Mercier US Buyer LLC, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Oriflame Holding AG, Pat McGrath, PUIG S.L., Ralph Lauren Corp., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., Unilever PLC, and Avon Products Inc. among others.

What will the Luxury Cosmetics Market Size be During the Forecast Period?

Luxury Cosmetics Market Size

Download the Free Report Sample to Unlock the Luxury Cosmetics Market Size for the Forecast Period and Other Important Statistics

 

Luxury Cosmetics Market: Key Drivers, Trends, and Challenges

The increased demand for luxury skincare products is notably driving the luxury cosmetics market growth, although factors such as lack of luxury brand penetration in major parts of developing regions, including MEA and APAC may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the luxury cosmetics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Luxury Cosmetics Market Driver

  • One of the key factors driving the global luxury cosmetics market growth is the increased demand for luxury skincare products as consumers are more aware of skincare concerns like aging spots, acne, and pigmentation.
  • The rising disposable income has increased the consumer's spending on luxury products, which has led to increased demand for luxury cosmetics, especially skincare products.
  • Vendors are also adopting strategies such as M&A and new product launches to gain a competitive edge in the market.
  • In December 2021, Shiseido Co., Ltd. agreed to sell bareMinerals and two other cosmetics brands, Laura Mercier and BUXOM, to private equity firm Advent International for USD 700 million since Shiseido wants to focus its resources on high-end skincare brands, in particular in APAC.
  • The strategic initiatives among vendors and the rise in demand for luxury skincare products will drive the market growth in the forecast period.

Key Luxury Cosmetics Market Trend

  • Increasing online retailing, owing to the growing penetration of the internet and the high availability of smart gadgets is one of the key luxury cosmetics market trends that is expected to impact the industry positively in the forecast period.
  • As per the health, beauty, and personal care report, it is estimated that 26.8% of the total global health and beauty sales would come from online shopping, which was 20% in 2021.
  • The convenience of online shopping and improved security features of e-commerce platforms drive the growth of the online luxury cosmetics market.
  • Many global vendors are significantly launching their products on the e-commerce website, to increase market share.
  • In February 2022, Amorepacific Group announced the launch of its luxury skincare brand, Sulwhasoo, on Tata CLiQ Luxury, which is a premier luxury lifestyle platform in India.
  • The advantages of e-retailing create lucrative distribution channels for luxury cosmetics, which will propel the demand for products in the forecast years.

Key Luxury Cosmetics Market Challenge

  • One of the key challenges to the global luxury cosmetics market growth is the lack of luxury brand penetration in major parts of developing regions, including the Middle East and Africa and APAC.
  • The penetration of department and specialty stores is the highest in developed nations and tier-1 cities, such as New York City, London, and Beijing.
  • The number of consumers who buy luxury cosmetics in tier-2 and tier-3 cities of developing nations of MEA and APAC is very low.
  • The retailers or vendors get low ROI, and thus, they are reluctant to open stores in tier-2 and tier-3 cities of MEA and APAC.
  • The lack of reach to consumers and low luxury brand penetration in major parts of developing regions, including MEA and APAC, may limit the growth of the market during the forecast period.

This luxury cosmetics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global luxury cosmetics market as a part of the global personal products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the luxury cosmetics market during the forecast period.

Who are the Major Luxury Cosmetics Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • CHANEL Ltd.
  • Christian Dior SE
  • Coty Inc.
  • Kao Corp.
  • Kose Corp.
  • La Mer Technology Inc.
  • Laura Mercier US Buyer LLC
  • LOreal SA
  • LVMH Moet Hennessy Louis Vuitton SE
  • Oriflame Holding AG
  • Pat McGrath
  • PUIG S.L.
  • Ralph Lauren Corp.
  • Revlon Inc.
  • Shiseido Co. Ltd.
  • The Estee Lauder Co. Inc.
  • Unilever PLC
  • Avon Products Inc.

 

This statistical study of the luxury cosmetics market encompasses successful business strategies deployed by the key vendors. The luxury cosmetics market is fragmented and the vendors are deploying growth strategies such as investment in research and development to compete in the market.

Product Insights and News

  • Coty Inc.  - The company offers luxury cosmetics such as 5 Couleurs Couture velvet limited edition and Forever natural bronze Dioiviera.
  • Kao Corp. - The company offers luxury cosmetics under the brand Alexander McQueen, Bottega Veneta, Burberry, and Calvin Klein.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The luxury cosmetics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Luxury Cosmetics Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the luxury cosmetics market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Luxury Cosmetics Market?

Luxury Cosmetics Market Market segmentation by region

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51% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for luxury cosmetics in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising access to online shopping through the internet and smart gadgets and increasing penetration of vendors will facilitate the luxury cosmetics market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic hampered the growth of the regional market in 2020. The luxury cosmetics market in APAC was adversely impacted owing to the rapid increase in the number of COVID-19 cases, which affected the workforce, raw material supply, intermediate food products, and trade and logistics, leading to demand-supply volatility and uncertain consumer demand in the regional luxury cosmetics market. However, with the introduction of COVID-19 vaccines in 2021 and COVID-19 appropriate behavior, the market is bouncing back with the resumption of production. Thus, the regional luxury cosmetics market is expected to grow positively during the forecast period.

What are the Revenue-generating Type Segments in the Luxury Cosmetics Market?

Luxury Cosmetics Market Segmentation

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The luxury cosmetics market share growth by the organic segment will be significant during the forecast period. Organic cosmetics and cosmeceuticals are gaining popularity as these products contain biologically active compounds, which have medicinal effects on the skin and are free from toxic compounds that are harsh on the skin. Compounds such as parabens and phthalates, which are extensively used in chemical-based cosmetics, are also known to cause cancer and type II diabetes, due to which organic skin care products and cosmeceuticals are gaining popularity, which will drive the segment growth in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the luxury cosmetics market size and actionable market insights on post COVID-19 impact on each segment.

 

Luxury Cosmetics Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.77%

Market growth 2022-2026

$ 28.22 billion

Market structure

Fragmented

YoY growth (%)

7.42

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 51%

Key consumer countries

US, Canada, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

CHANEL Ltd., Christian Dior SE, Coty Inc., Kao Corp., Kose Corp., La Mer Technology Inc., Laura Mercier US Buyer LLC, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Oriflame Holding AG, Pat McGrath, PUIG S.L., Ralph Lauren Corp., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., Unilever PLC, and Avon Products Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Luxury Cosmetics Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive luxury cosmetics market growth during the next five years
  • Precise estimation of the luxury cosmetics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the luxury cosmetics industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of luxury cosmetics market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Organic - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Organic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Organic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Organic - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Organic - Year-over-year growth 2021-2026 (%)
    • 5.4 Conventional - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Conventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Conventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Conventional - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Conventional - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Canada - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Christian Dior SE
              • Exhibit 93: Christian Dior SE - Overview
              • Exhibit 94: Christian Dior SE - Product / Service
              • Exhibit 95: Christian Dior SE - Key offerings
            • 10.4 Coty Inc.
              • Exhibit 96: Coty Inc. - Overview
              • Exhibit 97: Coty Inc. - Business segments
              • Exhibit 98: Coty Inc. - Key offerings
              • Exhibit 99: Coty Inc. - Segment focus
            • 10.5 Kao Corp.
              • Exhibit 100: Kao Corp. - Overview
              • Exhibit 101: Kao Corp. - Business segments
              • Exhibit 102: Kao Corp. - Key offerings
              • Exhibit 103: Kao Corp. - Segment focus
            • 10.6 Kose Corp.
              • Exhibit 104: Kose Corp. - Overview
              • Exhibit 105: Kose Corp. - Product / Service
              • Exhibit 106: Kose Corp. - Key offerings
            • 10.7 LOreal SA
              • Exhibit 107: LOreal SA - Overview
              • Exhibit 108: LOreal SA - Business segments
              • Exhibit 109: LOreal SA - Key news
              • Exhibit 110: LOreal SA - Key offerings
              • Exhibit 111: LOreal SA - Segment focus
            • 10.8 Oriflame Holding AG
              • Exhibit 112: Oriflame Holding AG - Overview
              • Exhibit 113: Oriflame Holding AG - Business segments
              • Exhibit 114: Oriflame Holding AG - Key offerings
              • Exhibit 115: Oriflame Holding AG - Segment focus
            • 10.9 PUIG S.L.
              • Exhibit 116: PUIG S.L. - Overview
              • Exhibit 117: PUIG S.L. - Product / Service
              • Exhibit 118: PUIG S.L. - Key offerings
            • 10.10 Revlon Inc.
              • Exhibit 119: Revlon Inc. - Overview
              • Exhibit 120: Revlon Inc. - Business segments
              • Exhibit 121: Revlon Inc. - Key news
              • Exhibit 122: Revlon Inc. - Key offerings
              • Exhibit 123: Revlon Inc. - Segment focus
            • 10.11 Shiseido Co. Ltd.
              • Exhibit 124: Shiseido Co. Ltd. - Overview
              • Exhibit 125: Shiseido Co. Ltd. - Business segments
              • Exhibit 126: Shiseido Co. Ltd. - Key offerings
              • Exhibit 127: Shiseido Co. Ltd. - Segment focus
            • 10.12 The Estee Lauder Co. Inc.
              • Exhibit 128: The Estee Lauder Co. Inc. - Overview
              • Exhibit 129: The Estee Lauder Co. Inc. - Business segments
              • Exhibit 130: The Estee Lauder Co. Inc. - Key news
              • Exhibit 131: The Estee Lauder Co. Inc. - Key offerings
              • Exhibit 132: The Estee Lauder Co. Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 11.5 List of abbreviations
                • Exhibit 139: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Luxury Cosmetics Market market growth will increase by $28.22 billion during 2022-2026.
              The luxury cosmetics market market is expected to grow at a CAGR of 7.77% during 2022-2026.
              Technavio has segmented the luxury cosmetics market market by type (Organic and Conventional) and geography (APAC, North America, Europe, Middle East and Africa, and South America).
              CHANEL Ltd., Christian Dior SE, Coty Inc., Kao Corp., Kose Corp., La Mer Technology Inc., Laura Mercier US Buyer LLC, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Oriflame Holding AG, Pat McGrath, PUIG S.L., Ralph Lauren Corp., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., Unilever PLC, Avon Products Inc. are a few of the key vendors in the luxury cosmetics market market.
              APAC will register the highest growth rate of 51% among the other regions. Therefore, the luxury cosmetics market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the luxury cosmetics market market growth are:
              • Increased demand for luxury skincare products
              • Increasing online retailing
              The luxury cosmetics market market vendors should focus on grabbing business opportunities from the organic segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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