- Press Release -

Rockville, Md. The global premium beauty and personal care products market is valued at US$ 111 Bn in 2017, according to Fact.MR, drawing high-spending consumers with upgraded materials, refined manufacturing and effective formulations. Wider cross-industry reach of mass communication and entertainment is broadening demand, even as a growing preference for organic cosmetics prompts manufacturers to invest in greener lines.

North America dominates the market, premium skin care leads the product mix, and hypermarkets carry the largest share of sales. Asia Pacific excluding Japan, meanwhile, is becoming the industry's manufacturing hub.

Products, Channels and Regions

Premium skin care is the standout category, holding about a third of revenue and heading past US$ 45 Bn by 2022 as changing climates and televised media draw consumers toward daily premium skincare routines. On distribution, hypermarkets and supermarkets remain the largest channel, with e-commerce gaining ground in the latter half of the forecast period.

North America stays the dominant region on the strength of high-spending consumers in the United States and Canada. Manufacturers, however, are expanding production across Asia Pacific excluding Japan for its lower wage costs, easier raw material access and lighter manufacturing rules, and the region contributes over 20% of revenue in 2017. Europe grows steadily and reaches US$ 36 Bn by 2022.

Affluence and Media Drive Demand

The market runs on aspiration. As media exposure spreads and disposable incomes rise, premium beauty products move from indulgence to routine for a widening group of consumers, and the pull toward organic and green formulations is steering where brands invest next.

Suppliers and Their Playbook

The field brings together global beauty and personal care majors.

• Loreal Group, Procter And Gamble, Beiersdorf AG, Avon, Unilever, The Estée Lauder Companies Inc., Shiseido, Kao Corporation, Revlon, and Mary Kay are among the key players in the report.

Reading the Market for Decisions

For brands, growth favours premium skin care and organic lines with a growing e-commerce presence. Investors get a market anchored by affluent, brand-loyal consumers. Procurement and retail teams can plan around premium skin care carrying volume, hypermarkets leading distribution, and North America offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global premium beauty and personal care products market for the 2017 to 2022 forecast period, with segmentation by product type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the consumer forces shaping demand. Further detail is available in the premium beauty and personal care products market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.