Online Premium Cosmetics Market 2024-2028
The online premium cosmetics market is forecasted to grow by USD 8317.5 mn during 2023-2028, accelerating at a CAGR of 4.1% during the forecast period. The report on the online premium cosmetics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in aging population, growing trend of premium brands, and rapid urbanization.
Technavio's online premium cosmetics market is segmented as below:
- By Product
- Skincare
- Makeup
- Haircare
- Others
- By End-user
- Women
- Men
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing preference for organic cosmetics and cosmeceuticals as one of the prime reasons driving the online premium cosmetics market growth during the next few years. Also, increasing online retailing and increasing research and development activities will lead to sizable demand in the market.
The report on the online premium cosmetics market covers the following areas:
- Online Premium Cosmetics Market sizing
- Online Premium Cosmetics Market forecast
- Online Premium Cosmetics Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online premium cosmetics market vendors that include Amorepacific Corp., Avon Products Inc., Chanel Ltd., Clarins Pte Ltd., Dambiro de, Hermes International SA, Johnson and Johnson Services Inc., Kao Corp., Kose Corp., LOccitane Groupe SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Manash E-Commerce Pvt. Ltd., Oriflame Cosmetics S.A., PUIG S.L., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., The Procter and Gamble Co., and Unilever PLC. Also, the online premium cosmetics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.