Premium Cosmetics Market by Distribution Channel, Product, and Geography - Forecast and Analysis 2020-2024

  • Published: Jun 2020
  • Pages: 120
  • SKU: IRTNTR41130
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The premium cosmetics market has the potential to grow by USD 44.2 billion during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 5.76%.

This premium cosmetics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The rising demand for premium skincare products is notably driving the premium cosmetics market growth, although factors such as may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the premium cosmetics market industry get your FREE report sample now.

This report provides extensive insights on segmentation by Distribution channel (Offline and Online), Product (Skincare products, Fragrances, Color cosmetics, Hair care products, and Others), and Geography (Europe, APAC, North America, South America, and MEA). The premium cosmetics market report also offers information on several market vendors, including Amway Corp., Beiersdorf AG, Coty Inc., L'Oréal SA, LVMH Moët Hennessy Louis Vuitton, Natura &Co., Revlon Inc., Shiseido Co. Ltd., The Estée Lauder Co. Inc., and The Procter and Gamble Co. among others.

What will the Premium Cosmetics Market Size be in 2020?

Premium-Cosmetics-Market-Market-Size-2019-2024

Browse TOC and LoE with selected illustrations and example pages of Premium Cosmetics Market

 Get Your FREE Sample Now!

Premium Cosmetics Market: Key Drivers and Trends

Established manufacturers in the market provide innovative and professional treatments in addition to providing premium products, which are costlier than the regular skincare products. Rising skincare concerns such as aging spots, acne, and pigmentation, coupled with the improving disposable income, is driving the demand for premium skin care products. This is providing vendors with opportunties to release premium products with superior quality ingredients. This rising demand for premium skin care products is expected to fuel the growth of the premium cosmetics market at a CAGR of almost 6% during the forecast period.

This premium 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. Get detailed insights on market drivers, trends, and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Premium Cosmetics Market Vendors?

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

 

  • Amway Corp.
  • Beiersdorf AG
  • Coty Inc.
  • L'Oréal SA
  • LVMH Moët Hennessy Louis Vuitton
  • Natura &Co.
  • Revlon Inc.
  • Shiseido Co. Ltd.
  • The Estée Lauder Co. Inc.
  • The Procter and Gamble Co.

 

The premium cosmetics market is fragmented and the vendors are deploying growth strategies such as product premiumization to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

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.

Download a free sample of the premium cosmetics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Premium Cosmetics Market?

Premium-Cosmetics-Market-Market-Share-by-Region-2019-2024

For more insights on the market share of various regions Request for a FREE sample now!

36% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the premium cosmetics market in APAC. Market growth in this region will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Distribution channel Segments in the Premium Cosmetics Market?

Premium-Cosmetics-Market-Market-Share-by-Distribution channel-2019-2024

To gain further insights on the market contribution of various segments Request for a FREE sample

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

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Premium Cosmetics Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive premium cosmetics market growth during the next five years
  • Precise estimation of the premium cosmetics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the premium cosmetics industry across APAC, Europe, MEA, North America, 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 premium cosmetics market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Premium Cosmetics Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2020-2024

USD 44.2 billion

Market structure

Fragmented

YoY growth (%)

14.25

Regional analysis

APAC, Europe, MEA, North America, and South America

Performing market contribution

APAC at 36%

Key consumer countries

China and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amway Corp., Beiersdorf AG, Coty Inc., L'Oréal SA, LVMH Moët Hennessy Louis Vuitton, Natura &Co., Revlon Inc., Shiseido Co. Ltd., The Estée Lauder Co. Inc., and The Procter and Gamble Co.

Market Dynamics

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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Skincare products - Market size and forecast 2019-2024
  • Fragrances - Market size and forecast 2019-2024
  • Color cosmetics - Market size and forecast 2019-2024
  • Hair care products - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel placement
  • Offline distribution channel - Market size and forecast 2019-2024
  • Online distribution channel - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Amway Corp.
  • Beiersdorf AG
  • Coty Inc.
  • L'Oréal SA
  • LVMH Moët Hennessy Louis Vuitton
  • Natura &Co.
  • Revlon Inc.
  • Shiseido Co. Ltd.
  • The Estée Lauder Co. Inc.
  • The Procter and Gamble Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • 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
Interested in this report?
Get your FREE sample now!
The premium cosmetics market growth will increase by $44.20 billion during 2019-2024.
The premium cosmetics market is expected to grow at a CAGR of 5.76% during 2019-2024.
Technavio has segmented the premium cosmetics market by product (Skincare products, Fragrances, Color cosmetics, Hair care products, and Others) and geographic (Europe, APAC, North America, South America, and MEA).
Amway Corp., Beiersdorf AG, Coty Inc., LVMH Moët Hennessy Louis Vuitton, Natura &Co., Revlon Inc., Shiseido Co. Ltd., The Estée Lauder Co. Inc., The Procter and Gamble Co. are a few of the key vendors in the premium cosmetics market.
APAC will register the highest growth rate of 35.93% among the other regions. Therefore, the premium cosmetics market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the premium cosmetics market growth are:
  • Innovation and portfolio extension leading to product premiumization
The premium cosmetics market vendors should focus on grabbing business opportunities from the skincare products segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Consumer Staples
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>