Premium Cosmetics Market, by Product Type (Skin Care, Hair Care, Fragrances & Perfumes, Sun Care, Baby Care, and Others), by Distribution Channel (Online and Offline), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East and

Premium Cosmetics Market, by Product Type (Skin Care, Hair Care, Fragrances & Perfumes, Sun Care, Baby Care, and Others), by Distribution Channel (Online and Offline), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The global premium cosmetics market is expected to exhibit a CAGR of 6.4% during the forecast period owing to rising awareness about personal care, among consumers.
Among distribution channel, the offline segment is dominated the global premium cosmetics market in 2021. Offline channels are a combination of hypermarkets, supermarkets, discount stores, convenience stores, and specialty stores. Hypermarkets combine supermarkets and discount and departmental stores which results in bulk availability of different products at one place. Thus, customers prefer hypermarkets for bulk purchasing of daily goods. Moreover, consumer loyalty is a key driver which is expected to boost growth of the offline segment in the global premium cosmetics market during the forecast period.
Among regions, Asia Pacific is expected to account for a significant market share during the forecast period (2022-2028) owing to the growing consumer preference for organic products over chemical-based products, and the increasing disposable income. According to the International Trade Administration (ITA), Japan is one of the largest markets for personal care products in the world. In 2015, the cosmetics market in Japan was valued at US$ 13,208; and in 2014, per person annual expenditure on personal care and cosmetics was US$ 174. Moreover, according to the International Trade Administration (ITA), and U.S. Department of Commerce, the Indian Beauty and Personal Care (BPC) industry was valued at US$ 8 billion in 2016, and it is expected to exhibit a CAGR of 5 to 6% during the forecast period (2017-2021).
Furthermore, several international skin care products brands are focusing on entering the market in Asia Pacific. For instance, Malu Wilz, a premium German skin care products brand, partnered with Kaunis Marketing Services Pvt Ltd. in India, in 2017, to enter the Indian skin care products market.
Key features of the study:
This report provides in-depth analysis of premium cosmetics market and provides market size (US$ Million) and cumulative annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global premium cosmetics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Avon Products Inc., Chanel S.A., Coty, Inc., KAO Corporation, L'Oréal S.A., LVMH, Oriflame Cosmetics Global SA, Revlon, Inc., Shiseido Company Ltd., and The Estée Lauder Companies Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The global premium cosmetics market report caters to various stakeholders in this industry including investors, suppliers, premium cosmetics manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the premium cosmetics market
Detailed Segmentation:
Global Premium Cosmetics Market, By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
Global Premium Cosmetics Market, By Distribution Channel:
Online
Offline
Global Premium Cosmetics Market, By Region:
North America
U.S.
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Canada
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Europe
U.K.
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Italy
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
France
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Germany
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Spain
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Russia
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Rest of Europe
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Asia Pacific
China
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
India
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Japan
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
ASEAN
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Australia
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
South Korea
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Rest of Asia Pacific
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Latin America
Brazil
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Argentina
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Mexico
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Rest of Latin America
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Middle East & Africa
Middle East
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Africa
By Product Type:
Skin Care
Hair Care
Fragrances & Perfumes
Sun Care
Baby Care
Others
By Distribution Channel:
Online
Offline
Company Profiles
Avon Products Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Chanel S.A.
Coty, Inc.
KAO Corporation
L'Oréal S.A.
LVMH
Oriflame Cosmetics Global SA
Revlon, Inc.
Shiseido Company Ltd.
The Estée Lauder Companies Inc.
“*” marked represents similar segmentation in other categories in the respective section.