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Luxury Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 139 Pages
  • May 2023
  • Region: Global
  • IMARC Group
  • ID: 5820852
Description Jump to:
The global luxury cosmetics market size reached US$ 50.1 Billion in 2022. Looking forward, the publisher 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:

The publisher 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., Estée Lauder Companies Inc., Kao Corporation, Kosé Corporation, L'Oréal S.A., LVMH Moët 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
10.2 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
10.3 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
10.4 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
10.5 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 Estée 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 Kosé Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 SWOT Analysis
15.3.6 L'Oréal S.A.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 SWOT Analysis
15.3.7 LVMH Moët 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
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

Companies Mentioned

  • Avon Products Inc. (Natura & Co.)
  • Coty Inc.
  • Estée Lauder Companies Inc.
  • Kao Corporation
  • Kosé Corporation
  • L'Oréal S.A.
  • LVMH Moët Hennessy Louis Vuitton
  • Oriflame Cosmetics AG
  • Puig
  • Revlon Inc.
  • Shiseido Company Limited and Tatcha LLC.

Methodology

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Table Information

Report AttributeDetails
No. of Pages139
PublishedMay 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 50.1 Billion
Forecasted Market Value ( USD ) by 2028 $ 67.6 Billion
Compound Annual Growth Rate5.1%
Regions CoveredGlobal
No. of Companies Mentioned11

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