Premium Cosmetics Market Industry Outlook, Size, Growth Factors and Forecast 2030

Premium Cosmetics Market :was valued at US$ 37.89 Bn. in 2023 and the total Premium Cosmetics revenue is expected to grow at 7.9 % from 2024 to 2030, reaching nearly US$ 63.85 Bn.

Premium Cosmetics Market Overview

The report serves as a comprehensive guide for investors, stakeholders, and market followers of the Premium Cosmetics Market. It offers an in-depth analysis of the market size, segmentation, drivers, and restraints. Factors that are expected to impact the industry positively or negatively are also included, providing decision-makers with a clear understanding of the Premium Cosmetics industry's future outlook.

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Premium Cosmetics Market Report Scope and Research Methodology

The research for this report employs a combination of primary and secondary research methods to provide a detailed and accurate analysis of the Premium Cosmetics Market. The bottom-up approach is utilized to estimate the market size, while secondary research is used to identify key players in the market. Primary research involves conducting interviews with significant opinion leaders and industry experts, including business owners and marketing specialists. Secondary research involves a thorough review of the annual and financial reports of top manufacturers to calculate their market revenues.

Premium Cosmetics Market Regional Insights :

The research includes a global-level regional analysis, providing a comprehensive understanding of the dominant market share and penetration in different regions. It also highlights emerging regions expected to become major markets for Premium Cosmetics . The report encompasses a competitive analysis, focusing on growth models, new strategies, and technologies adopted by key players in the market.

Premium Cosmetics Market Segmentation :

In the Premium Cosmetics Market, the Makeup category is anticipated to increase significantly over the forecast period based on product. The increasing need for natural and organic colour cosmetics to prevent skin irritation and infections is the reason behind this increase. The introduction of sweatproof and waterproof makeup made especially for hot, humid climates is also driving up demand for high-end makeup products including bronzers, lipsticks, nail polish, foundation, concealer, and powder.

In 2023, the female segment accounted for the highest share of the Premium Cosmetics Market, with a close to 65.7% share. Due to rising female application rates, increased use of cosmetics by women, and improved quality and efficiency of cosmetic goods, there has been a growth in the market for high-end cosmetics. Because more people are using body lotions, sunscreen, and other products, there was an increase in demand for luxury cosmetics over the forecast period. Men are also driving growth in the premium cosmetics industry, with a significant growth rate anticipated over the projection period. But in 2023, the natural and organic category held the biggest market share due to nature.

Premium Cosmetics Market Key Players :

North America 1. Amway Corp. (USA) 2. Coty Inc. (USA) 3. Johnson and Johnson (USA) 4. Revlon Inc. (USA) 5. The Procter and Gamble Co. (USA) 6. The Estee Lauder Co. Inc. (USA) Europe 1. LOreal SA (France) 2. Dambiro de (Italy) 3. Groupe Clarins (France) 4. Henkel AG and Co. KGaA (Germany) 5. Beiersdorf Aktiengesellschaft (Germany) 6. CHANEL Ltd. (France) 7. Loccitane International SA (France) 8. LVMH Moet Hennessy Louis Vuitton SE (France) 9. NUDE Beauty Brands (UK) 10. Oriflame Holding AG (Switzerland) 11. The Avon Co. (UK) 12. Unilever PLC (Netherlands) Asia Pacific 13. Shiseido Co. Ltd. (Japan) 14. Kose Corp. (Japan) 15. Kao Corp. (Japan)

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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