PUBLISHER: IMARC | PRODUCT CODE: 1291414
PUBLISHER: IMARC | PRODUCT CODE: 1291414
Luxury Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global luxury cosmetics market size reached US$ 50.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 67.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Luxury cosmetics are manufactured using premium ingredients and they are widely available in sophisticated packaging. They comprise skincare, haircare, makeup products and fragrances that are sold at a higher price as compared to the drugstore cosmetics. They offer high-end quality, consistency and longevity, which have a noticeable effect on the skin. Some of the variants can effectively clean the top layer of the skin without causing damage and aid in preventing negative environmental impact.
Luxury Cosmetics Market Trends:
Due to a rise in the disposable income levels of individuals, especially in developing regions, there is an increase in the demand for luxury cosmetics. This, along with the growing awareness about the benefits of using luxury cosmetics, represents one of the key factors driving the market. Additionally, there is a rise in the penetration of the internet, which has resulted in the expansion of the e-commerce industry across the globe. This, coupled with the wide availability of luxury cosmetics through online and offline distribution channels, is propelling the growth of the market. Moreover, the escalating demand for halal cosmetics among consumers due to the presence of powerful actives and proven vegan ingredients is positively influencing the market. Besides this, the rising utilization of luxury cosmetics to solve hair and skin related problems, such as hair fall, dandruff, skin rashes, and acne, is offering lucrative growth opportunities to industry investors. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce anti-aging cosmetics, fragrances, and oral care products, which is catalyzing the demand for luxury cosmetics. Furthermore, the escalating demand for high-performing color cosmetic products among fashion professionals is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global luxury cosmetics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, type, distribution channel and end user.
Breakup by Product Type:
Skincare
Haircare
Makeup
Fragrances
Breakup by Type:
Organic
Conventional
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty and Monobrand Stores
Online Stores
Others
Breakup by End User:
Male
Female
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avon Products Inc. (Natura & Co.), Coty Inc., Estee Lauder Companies Inc., Kao Corporation, Kose Corporation, L'Oreal S.A., LVMH Moet Hennessy Louis Vuitton, Oriflame Cosmetics AG, Puig, Revlon Inc., Shiseido Company Limited and Tatcha LLC.
Key Questions Answered in This Report
1. What was the size of the global luxury cosmetics market in 2022?
2. What is the expected growth rate of the global luxury cosmetics market during 2023-2028?
3. What has been the impact of COVID-19 on the global luxury cosmetics market?
4. What are the key factors driving the global luxury cosmetics market?
5. What is the breakup of the global luxury cosmetics market based on the product type?
6. What is the breakup of the global luxury cosmetics market based on the type?
7. What is the breakup of the global luxury cosmetics market based on the distribution channel?
8. What is the breakup of the global luxury cosmetics market based on the end user?
9. What are the key regions in the global luxury cosmetics market?
10. Who are the key players/companies in the global luxury cosmetics market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Luxury Cosmetics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Skincare
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Haircare
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Makeup
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Fragrances
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Type
- 7.1 Organic
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Conventional
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Supermarkets and Hypermarkets
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Specialty and Monobrand Stores
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Online Stores
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End User
- 9.1 Male
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Female
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Avon Products Inc. (Natura & Co.)
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 SWOT Analysis
- 15.3.2 Coty Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 SWOT Analysis
- 15.3.3 Estee Lauder Companies Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 SWOT Analysis
- 15.3.4 Kao Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 SWOT Analysis
- 15.3.5 Kose Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 L'Oreal S.A.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 SWOT Analysis
- 15.3.7 LVMH Moet Hennessy Louis Vuitton
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 SWOT Analysis
- 15.3.8 Oriflame Cosmetics AG
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 SWOT Analysis
- 15.3.9 Puig
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 SWOT Analysis
- 15.3.10 Revlon Inc.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 SWOT Analysis
- 15.3.11 Shiseido Company Limited
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 SWOT Analysis
- 15.3.12 Tatcha LLC
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 SWOT Analysis
- 15.3.1 Avon Products Inc. (Natura & Co.)
List of Figures
- Figure 1: Global: Luxury Cosmetics Market: Major Drivers and Challenges
- Figure 2: Global: Luxury Cosmetics Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Luxury Cosmetics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Luxury Cosmetics Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Luxury Cosmetics Market: Breakup by Type (in %), 2022
- Figure 6: Global: Luxury Cosmetics Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Luxury Cosmetics Market: Breakup by End User (in %), 2022
- Figure 8: Global: Luxury Cosmetics Market: Breakup by Region (in %), 2022
- Figure 9: Global: Luxury Cosmetics (Skincare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Luxury Cosmetics (Skincare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Luxury Cosmetics (Haircare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Luxury Cosmetics (Haircare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Luxury Cosmetics (Makeup) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Luxury Cosmetics (Makeup) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Luxury Cosmetics (Fragrances) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Luxury Cosmetics (Fragrances) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Luxury Cosmetics (Organic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Luxury Cosmetics (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Luxury Cosmetics (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Luxury Cosmetics (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Luxury Cosmetics (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Luxury Cosmetics (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Luxury Cosmetics (Specialty and Monobrand Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Luxury Cosmetics (Specialty and Monobrand Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Luxury Cosmetics (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Luxury Cosmetics (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Luxury Cosmetics (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Luxury Cosmetics (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Luxury Cosmetics (Male) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Luxury Cosmetics (Male) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Luxury Cosmetics (Female) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Luxury Cosmetics (Female) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: North America: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: North America: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: United States: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: United States: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Canada: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Canada: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Asia-Pacific: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Asia-Pacific: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: China: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: China: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Japan: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Japan: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: India: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: India: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: South Korea: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: South Korea: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Australia: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Australia: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Indonesia: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Indonesia: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Others: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Others: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Europe: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Europe: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Germany: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Germany: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: France: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: France: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: United Kingdom: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: United Kingdom: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Italy: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Italy: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Spain: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Spain: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Russia: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Russia: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Others: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Others: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Latin America: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Latin America: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Brazil: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Brazil: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Mexico: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Mexico: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Others: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Others: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Middle East and Africa: Luxury Cosmetics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Middle East and Africa: Luxury Cosmetics Market: Breakup by Country (in %), 2022
- Figure 81: Middle East and Africa: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Global: Luxury Cosmetics Industry: SWOT Analysis
- Figure 83: Global: Luxury Cosmetics Industry: Value Chain Analysis
- Figure 84: Global: Luxury Cosmetics Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Luxury Cosmetics Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Luxury Cosmetics Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Luxury Cosmetics Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 4: Global: Luxury Cosmetics Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 5: Global: Luxury Cosmetics Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 6: Global: Luxury Cosmetics Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Luxury Cosmetics Market: Competitive Structure
- Table 8: Global: Luxury Cosmetics Market: Key Players
