Premium Cosmetics Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Published on : Jan-2020 | List of Tables : 81 | List of Figures : 134 | No. of Pages : 170 | Report Code : FACT4489MR |

Men’s Grooming and Digitalization are Key Drivers behind Growth of Premium Cosmetics Market

Rising levels of consumer awareness with regards to high quality, premium ingredients in cosmetics, and the relevant effects on skin and hair is a major influence in changing the consumer inclination from conventional mass produced cosmetics products towards more premium alternatives. Such new premium offerings are primarily aimed towards solving problems such as pigmentation, age spots, and acne, which will positively influence the growth of the global market.

The global premium cosmetics market is projected to grow at a healthy CAGR of ~ 7 % during the forecast period (2019 - 2029). Europe holds the leading share in the market, followed closely behind by North America. Collectively, both will witness a rock steady growth trajectory over the forecast period. East Asia on the other hand will witness robust growth on the back of large-scale untapped market potential. Further, the industry is also being influenced by the demand for proven high efficacy products and active ingredients, which is boosting the sales of such products. Manufacturers are focusing their efforts on aspects such as pricing and product safety, to support the reputation of brand names. The market is also bolstered by wider product portfolios and increases in disposable incomes among populations in emerging economies.

global premium cosmetics market 02

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Digitalization Plays Key Role in Promoting Premium Cosmetics

The global premium cosmetics market is displaying strong growth, driven by high diversity in consumer preferences and innovations in the field. In recent times the market has been driven by the developments taking place in social media platforms, which is supported by the growth of urbanization, growth in beauty spending, rising life expectancy, and the rise of higher income classes.

Digitalization has become a major driver with a direct influence on the growth rate of the premium cosmetics market. The increased penetration of the internet and social media have become major mediums in terms of boosting brand awareness. Further, the influx of information on cosmetics online is also pushing up the demand for personalization, for the development of products to meet the individual needs and lifestyle, with professional services.

Such developments will also generate a number of lucrative opportunities for newer market entrants in the development of unique offerings. However, the widespread issue of counterfeit production is expected to continue plaguing the industry for the foreseeable future.

Product Diversification in Premium Cosmetics Market Supports Demand

Most efforts of manufacturers in the premium cosmetics sector are focused towards skincare products, accounting 40 %, followed by haircare and makeup offerings, all of which are displaying healthy rates of growth.

The high demand for anti-aging products, and long lasting cosmetics is a major factor, sustaining the growth of the premium cosmetics market. In addition, changes in consumer preference are also resulting in an increasing production small sized packaging formats.

Manufacturers have also taken to diversification practices including gender neutral products, and offerings that are specifically aimed towards men, as they are gaining traction among men. Such factors are expected to generate new opportunities, specifically for brands producing men’s cosmetics.

Oligopolistic Market Focuses on Asia Pacific

Major names in the premium cosmetics market include L’Oréal, Estee Lauder, Chanel, and Elizabeth Arden among others. The global market is largely oligopolistic. For most manufacturers, the focus at present is on the growing numbers in women workforce, rising economies, and the expanding middle class. Further, the growing demand for premium men’s cosmetics is also driving regional growth.

Major companies in the field are moving forward with a number of business strategies including tech innovation, new products, and mergers and acquisitions, in a bid to bolster geographical presence.  

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Global Premium Cosmetics Market – Scope of the Report

The following report provides forecast and analysis of the global premium cosmetics market along with the historical data of 2014, estimated data 2019 and forecast data up to 2029 in terms of revenue (US$ Mn), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global premium cosmetics market along with several macro-economic indicators. This newly published and insightful report on premium cosmetics sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global premium cosmetics market.

The report also comprises the study of current issues with end users and opportunities for premium cosmetics. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of premium cosmetics manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the premium cosmetics market provided in the report adds to the credibility of this exhaustive research study.

Global Premium Cosmetics Market: In-Depth Assessment on Key Segments

The global premium cosmetics market is segmented on the basis of product type, distribution channel and region.

Product Type

Distributional Channel

Region

Skincare

Offline

North America

Haircare

Online

Latin America

Makeup

 

Europe

Fragrance

 

East Asia

 

 

South Asia & Oceania

 

 

MEA

This taxonomy and the detailed ToC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

Country-specific assessment on demand for premium cosmetics has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous premium cosmetics manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major competitors operating in the premium cosmetics market are L’Oréal, LVMH, Estée Lauder, Coty and others.

Global Premium Cosmetics Market: Research Methodology

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights in the premium cosmetics market.

A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the premium cosmetics market, which includes global GDP growth rate, various industries growth rate, such as beauty industry, haircare, skincare and others. This report serves as an authentic resource of intelligence on the premium cosmetics market, enabling the readers to take fact-based decisions on the future direction of their businesses.

1. Global Premium Cosmetics Market - Executive Summary

    1.1. Summary of Key Findings

    1.2. Summary of Key Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. Opportunity Assessment

    1.5. Fact.MR Analysis and Recommendations

2. Global Premium Cosmetics Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market 

    3.2. Mega Trends

4. Key Success Factors

    4.1. Product Lifecycle Analysis

    4.2. Product Adoption / Awareness Analysis 

    4.3. Product Features Vs. Application 

    4.4. Matrix Strategic Promotional Strategies, By Key Manufacturers

5. Market Background 

    5.1. Per Capita Expenditure on Personal Care products

        5.1.1. By Region

        5.1.2. By Product Type/Service Type

        5.1.3. By Spending Pattern

            5.1.3.1. In Home

            5.1.3.2. Professional Services

    5.2. Number of Product Launches

        5.2.1. International Brand

        5.2.2. Local Brand 

    5.3. Global Beauty & Personal Care Products Industry (Market Value, US$ Mn), 2018

        5.3.1. By Region 

        5.3.2. By Type

        5.3.3. Trends and Opportunities

    5.4. Cosmetics Industry Associated Claims

        5.4.1. Cruelty Free

        5.4.2. Gluten Free

        5.4.3. Mineral based

        5.4.4. Oil Free

        5.4.5. Paraben Free

        5.4.6. Silicone Free

        5.4.7. Sulfate free

    5.5. Global Retail Development Index 2018

    5.6. Global Retail Industry Analysis, by Geographies

    5.7. Retail Revenue Growth and Profitability by Region/Country, 2018

    5.8. Are consumers ready to pay premium price?

        5.8.1. Low range

        5.8.2. Mid-Range

        5.8.3. Premium Range

    5.9. Consumers Survey Analysis

        5.9.1. Which specific brand is preferred by the consumers and why?

        5.9.2. Factors influencing market behavior

        5.9.3. Does social media influence customer’s decision making?

        5.9.4. Which mode of advertisement does vendors prefer?

        5.9.5. Which of the social media platforms does companies prefers for branding?

        5.9.6. What are the key challenges associated with the market suppliers?

        5.9.7. Others

    5.10. Social Sentiment Analysis

        5.10.1. Total Number of Premium Cosmetics products/Brands Mentions for all Categories i.e. Premium Cosmetics Consumables 

        5.10.2. Total Number of Premium Cosmetics products/Brands Mentions in Social Media Platforms (Twitter, Facebook, LinkedIn, Instagram, Blogs Others (journals, news sites, YouTube etc.))

        5.10.3. Premium Cosmetics Brands/Product Mentions By Region

        5.10.4. Positive/Negative/Mixed Sentiment Analysis  

        5.10.5. Others

    5.11. Investment Feasibility Matrix (for Premium Cosmetics Business)

    5.12. Recent Industry Developments 

    5.13. Market White Space Assessment and Opportunity Analysis

    5.14. Porter’s Five Forces Analysis

    5.15. Macro-Economic Factors

        5.15.1. GDP Growth Outlook

        5.15.2. Distribution Of Wealth

        5.15.3. Per Capita Disposable Income

        5.15.4. Middle Income Population Group

        5.15.5. Growth in Number of High Net worth Individuals

        5.15.6. Wages Growth

        5.15.7. Consumer Confidence Index

        5.15.8. Trade Penetration and Retail Market Growth

    5.16. Value Chain Analysis

        5.16.1. List of Key Market Manufacturers 

        5.16.2. List of Key Channel Partners 

        5.16.3. Profitability Margins 

    5.17. Market Dynamics 

        5.17.1. Drivers 

        5.17.2. Industry Challenges

        5.17.3. Opportunities

6. Global Premium Cosmetics Market Size (US$ Mn) Analysis and Forecast, 2014-2029

    6.1. Historical Market Value (US$ Mn) Analysis, 2014-2018

    6.2. Current and Future Market Value (US$ Mn) Forecast, 2019-2029

    6.3. Y-o-Y Growth Trend Analysis

7. Global Premium Cosmetics Pricing Point Analysis

    7.1. Global Premium Cosmetics Market Pricing Analysis, by Region

    7.2. Global Premium Cosmetics Market Pricing Analysis, by Product Type

    7.3. Pricing Evolution till 2029

    7.4. Factors Influencing Pricing

8. Global Premium Cosmetics Market Value Analysis and Forecast 2014-2029

    8.1. Global Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

        8.1.1. Skincare

        8.1.2. Haircare

        8.1.3. Makeup

        8.1.4. Fragrance

    8.2. Global Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

        8.2.1. Offline

        8.2.2. Online

    8.3. Global Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Region

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. East Asia

        8.3.5. South Asia & Oceania

        8.3.6. MEA

9. North America Premium Cosmetics Market Value Analysis and Forecast 2014-2029

    9.1. North America Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Country

        9.1.1. US

        9.1.2. Canada

    9.2. North America Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

        9.2.1. Skincare

        9.2.2. Haircare

        9.2.3. Makeup

        9.2.4. Fragrance

    9.3. North America Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

        9.3.1. Offline

        9.3.2. Online

10. Latin America Premium Cosmetics Market Value Analysis and Forecast 2014-2029

    10.1. Latin America Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Country

        10.1.1. Brazil

        10.1.2. Mexico

        10.1.3. Rest of Latin America

    10.2. Latin America Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

        10.2.1. Skincare

        10.2.2. Haircare

        10.2.3. Makeup

        10.2.4. Fragrance

    10.3. Latin America Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

        10.3.1. Offline

        10.3.2. Online

11. Europe Premium Cosmetics Market Value Analysis and Forecast 2014-2029

    11.1. Europe Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Country

        11.1.1. Germany

        11.1.2. Italy

        11.1.3. France

        11.1.4. U.K.

        11.1.5. Spain

        11.1.6. BENELUX

        11.1.7. Russia

        11.1.8. Rest of Europe

    11.2. Europe Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

        11.2.1. Skincare

        11.2.2. Haircare

        11.2.3. Makeup

        11.2.4. Fragrance

    11.3. Europe Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

        11.3.1. Offline

        11.3.2. Online

12. East Asia Premium Cosmetics Market Value Analysis and Forecast 2014-2029

    12.1. East Asia Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Country

        12.1.1. China

        12.1.2. Japan

        12.1.3. South Korea

    12.2. East Asia Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

        12.2.1. Skincare

        12.2.2. Haircare

        12.2.3. Makeup

        12.2.4. Fragrance

    12.3. East Asia Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

        12.3.1. Offline

        12.3.2. Online

13. South Asia & Oceania Premium Cosmetics Market Value Analysis and Forecast 2014-2029

    13.1. South Asia & Oceania Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Country

        13.1.1. India

        13.1.2. Thailand

        13.1.3. Indonesia

        13.1.4. Malaysia

        13.1.5. Australia & New Zealand

        13.1.6. Rest of SAO

    13.2. South Asia & Oceania Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

        13.2.1. Skincare

        13.2.2. Haircare

        13.2.3. Makeup

        13.2.4. Fragrance

    13.3. South Asia & Oceania Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

        13.3.1. Offline

        13.3.2. Online

14. Middle East & Africa Premium Cosmetics Market Value Analysis and Forecast 2014-2029

    14.1. Middle East & Africa Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Country

        14.1.1. GCC Countries

        14.1.2. Turkey

        14.1.3. South Africa

        14.1.4. Northern Africa

        14.1.5. Rest of MEA

    14.2. Middle East & Africa Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

        14.2.1. Skincare

        14.2.2. Haircare

        14.2.3. Makeup

        14.2.4. Fragrance 

    14.3. Middle East & Africa Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

        14.3.1. Offline

        14.3.2. Online

15. Global Premium Cosmetics Market - Emerging Countries Analysis

    15.1. Market Proportion Analysis, By Key Countries

    15.2. Global Vs. Country Growth Comparison

    15.3. India Market Value Analysis and Forecast

        15.3.1. India Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

            15.3.1.1. Skincare

            15.3.1.2. Haircare

            15.3.1.3. Makeup

            15.3.1.4. Fragrance

        15.3.2. India Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

            15.3.2.1. Offline

            15.3.2.2. Online

    15.4. Indonesia Market Value Analysis and Forecast

        15.4.1. Indonesia Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

            15.4.1.1. Skincare

            15.4.1.2. Haircare

            15.4.1.3. Makeup

            15.4.1.4. Fragrance

        15.4.2. Indonesia Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

            15.4.2.1. Offline

            15.4.2.2. Online

    15.5. Mexico Market Value Analysis and Forecast

        15.5.1. Mexico Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Product Type

            15.5.1.1. Skincare

            15.5.1.2. Haircare

            15.5.1.3. Makeup

            15.5.1.4. Fragrance

        15.5.2. Mexico Premium Cosmetics Market Value Analysis 2014-2018 and Forecast 2019-2029, by Distribution Channel

            15.5.2.1. Offline

            15.5.2.2. Online

16. Competitive Assessment

    16.1. Global Premium Cosmetics Market Structure

    16.2. Global Premium Cosmetics Market Competition - a Dashboard View

    16.3. Global Premium Cosmetics Market Company Share Analysis

    16.4. Global Premium Cosmetics Competitor Market Footprint Matrix

    16.5. Key Participants Market Presence (Intensity Mapping) by Region

17. Company Profiles

    17.1. L’Oreal S.A

        17.1.1. Overview

        17.1.2. Product Portfolio

        17.1.3. Profitability by Market Segments (Product/Region)

        17.1.4. Sales Footprint

        17.1.5. Strategy Overview 

    17.2. LVMH

        17.2.1. Overview

        17.2.2. Product Portfolio

        17.2.3. Profitability by Market Segments (Product/Region)

        17.2.4. Sales Footprint

        17.2.5. Strategy Overview 

    17.3. Estée Lauder

        17.3.1. Overview

        17.3.2. Product Portfolio

        17.3.3. Profitability by Market Segments (Product/Region)

        17.3.4. Sales Footprint

        17.3.5. Strategy Overview 

    17.4. Coty

        17.4.1. Overview

        17.4.2. Product Portfolio

        17.4.3. Profitability by Market Segments (Product/Region)

        17.4.4. Sales Footprint

        17.4.5. Strategy Overview 

    17.5. Shiseido

        17.5.1. Overview

        17.5.2. Product Portfolio

        17.5.3. Profitability by Market Segments (Product/Region)

        17.5.4. Sales Footprint

        17.5.5. Strategy Overview 

    17.6. Chanel

        17.6.1. Overview

        17.6.2. Product Portfolio

        17.6.3. Profitability by Market Segments (Product/Region)

        17.6.4. Sales Footprint

        17.6.5. Strategy Overview 

    17.7. KAO Corporation

        17.7.1. Overview

        17.7.2. Product Portfolio

        17.7.3. Profitability by Market Segments (Product/Region)

        17.7.4. Sales Footprint

        17.7.5. Strategy Overview 

    17.8. The Procter & Gamble Company (P&G)

        17.8.1. Overview

        17.8.2. Product Portfolio

        17.8.3. Profitability by Market Segments (Product/Region)

        17.8.4. Sales Footprint

        17.8.5. Strategy Overview 

    17.9. Oriflame Holding A.G.

        17.9.1. Overview

        17.9.2. Product Portfolio

        17.9.3. Profitability by Market Segments (Product/Region)

        17.9.4. Sales Footprint

        17.9.5. Strategy Overview 

    17.10. Revlon Inc.

        17.10.1. Overview

        17.10.2. Product Portfolio

        17.10.3. Profitability by Market Segments (Product/Region)

        17.10.4. Sales Footprint

        17.10.5. Strategy Overview

    17.11. Avon Products Inc.

        17.11.1. Overview

        17.11.2. Product Portfolio

        17.11.3. Profitability by Market Segments (Product/Region)

        17.11.4. Sales Footprint

        17.11.5. Strategy Overview 

18. Fact.MR Research Methodology

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Premium Cosmetics Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029