The North America Premium Cosmetics Market is expected to witness market growth of 7% CAGR during the forecast period (2019-2025).
In recent years, the Premium Cosmetic and Beauty Product Manufacturing industry in Canada experienced strong growth in the production of widely accepted and necessary personal care products such as shampoos and lotions. Revenue growth has been determined by supply from wholesalers and distributors, eventually motivated by consumer spending, tastes, and choices. In the past few years, increasing rates of disposable income have urged customers to actively buy high-end luxury goods from the industry. As a result, market revenue is estimated to rise exponentially over the forecast period.
The increased awareness of premium ingredients and their significant impact on the skin is changing consumer preference from conventional or mass-produced cosmetics to premium cosmetics. The preference for premium cosmetics for concerns like acne, age spots, and pigmentation is anticipated to work well for market growth.
The accelerated demand for anti-aging products and long-lasting makeup promotes the growth of the premium cosmetics market. Increased consumer preference for mini-sized cosmetic products is also bolstering demand. Growing demand for men's cosmetics is also serving as one of the main drivers of growth on the market. Increased product diversification, such as gender-neutral and men's luxury cosmetics, is also gaining more popularity. Growth in the men's grooming industry is also boosting demand for men's premium cosmetics. This trend is also expected to create growth opportunities for brands that primarily produce men's cosmetics.
Based on Product, the market is segmented into Skincare, Makeup, Hair care, Fragrance, and Other Premium Cosmetics. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, Kao Corporation, Shiseido Company, Limited, Estee Lauder Companies, Inc., LVMH SE (Christian Dior), Revlon, Inc. (MacAndrews & Forbes), The Procter and Gamble Company, Coty, Inc. (JAB Cosmetics B.V.), Ralph Lauren Corporation, and Chanel S.A.
Scope of the Study
Market Segmentation:
By Product
By Distribution Channel
By Country
Companies Profiled
Unique Offerings from the Publisher
In recent years, the Premium Cosmetic and Beauty Product Manufacturing industry in Canada experienced strong growth in the production of widely accepted and necessary personal care products such as shampoos and lotions. Revenue growth has been determined by supply from wholesalers and distributors, eventually motivated by consumer spending, tastes, and choices. In the past few years, increasing rates of disposable income have urged customers to actively buy high-end luxury goods from the industry. As a result, market revenue is estimated to rise exponentially over the forecast period.
The increased awareness of premium ingredients and their significant impact on the skin is changing consumer preference from conventional or mass-produced cosmetics to premium cosmetics. The preference for premium cosmetics for concerns like acne, age spots, and pigmentation is anticipated to work well for market growth.
The accelerated demand for anti-aging products and long-lasting makeup promotes the growth of the premium cosmetics market. Increased consumer preference for mini-sized cosmetic products is also bolstering demand. Growing demand for men's cosmetics is also serving as one of the main drivers of growth on the market. Increased product diversification, such as gender-neutral and men's luxury cosmetics, is also gaining more popularity. Growth in the men's grooming industry is also boosting demand for men's premium cosmetics. This trend is also expected to create growth opportunities for brands that primarily produce men's cosmetics.
Based on Product, the market is segmented into Skincare, Makeup, Hair care, Fragrance, and Other Premium Cosmetics. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, Kao Corporation, Shiseido Company, Limited, Estee Lauder Companies, Inc., LVMH SE (Christian Dior), Revlon, Inc. (MacAndrews & Forbes), The Procter and Gamble Company, Coty, Inc. (JAB Cosmetics B.V.), Ralph Lauren Corporation, and Chanel S.A.
Scope of the Study
Market Segmentation:
By Product
- Skincare
- Makeup
- Hair care
- Fragrance
- Other Premium Cosmetics
By Distribution Channel
- Offline
- Online
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- L'Oreal Group
- Kao Corporation
- Shiseido Company, Limited
- Estee Lauder Companies, Inc.
- LVMH SE (Christian Dior)
- Revlon, Inc. (MacAndrews & Forbes)
- The Procter and Gamble Company
- Coty, Inc. (JAB Cosmetics B.V.)
- Ralph Lauren Corporation
- Chanel S.A.
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Premium Cosmetics Market by Product
Chapter 5. North America Premium Cosmetics Market by Distribution Channel
Chapter 6. North America Premium Cosmetics Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- L'Oreal Group
- Kao Corporation
- Shiseido Company, Limited
- Estee Lauder Companies, Inc.
- LVMH SE (Christian Dior)
- Revlon, Inc. (MacAndrews & Forbes)
- The Procter and Gamble Company
- Coty, Inc. (JAB Cosmetics B.V.)
- Ralph Lauren Corporation
- Chanel S.A.
Methodology
LOADING...
