Premium Cosmetics Market: Technavio Research Identifies APAC as the Dominant Region
Amway Corp., Beiersdorf AG, Coty Inc., L'Oréal SA are some of the key market vendors
With an accelerating CAGR of 6%, the Premium cosmetics market is set to grow by $ 44.2 billion during the forecast period. Technavio research provides an in-depth analysis of the market across the different geographical segments. The report traces the growth trajectory of the market over recent with a purview to the prevalent market scenario. It offers a thorough analysis of all the trends, drivers and challenges that are likely to impact the market during the forecast period. The report presents offers a competitive analysis with insights on the key market players, financials and leading product lines. This analysis will equip our clients with all the information needed to plan a post-pandemic growth strategy.
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Premium Cosmetics Market: APAC to lead market growth during the forecast period
- 36% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Premium Cosmetics Market size.
- Innovation and portfolio extension will be a significant factor in driving the growth of the premium cosmetics market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
- Market is segmented 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 report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 6%.
- What is the incremental growth of the market?
The market is expected to grow by $ 44.2 bn through 2020-2024.
- What is a key factor driving this market?
innovation and portfolio extension will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, MEA, North America, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
36% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are 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.
- What are the market segments covered in this report?
The market is segmented 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).
Market Segmentation by Distribution channel
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- Premium Cosmetics Market Split by Distribution channel
- Premium Cosmetics Market Split by Product
- Skincare products
- Fragrances
- Color cosmetics
- Hair care products
- Others
- Premium Cosmetics Market Split by Geography
- Europe
- APAC
- North America
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- 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.
Premium Cosmetics Market: Leading Regions and Market Trends
Regional Growth Analysis and Market Trends 2020-2024
The premium cosmetics market is set to grow by USD 44.2 bn, accelerating at a CAGR of almost 6% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.
For market insights and a better understanding of the quality of our research: Request for our FREE Sample Report
Premium Cosmetics Market: APAC to lead market growth during the forecast period
- 36% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Premium Cosmetics Market size.
- This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the innovation and portfolio extension. Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
- Market is segmented 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).
Premium Cosmetics Market: Key Competitors
Some of the leading vendors in this market are 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.. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. For more insights on this market: Download a Free Sample Report
