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Published: Jan, 2020 | Pages:
80 | Publisher: Grand View Research
Industry: Personal Care | Report Format: Electronic (PDF)
The global premium cosmetics market size is expected to reach USD 199.2 billion by 2025, exhibiting a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding ingredients in the beauty products and their effects on the body coupled with increasing demand for wellness beauty products is driving the market. Preference for premium cosmetics for problems such as age spots, acne, and pigmentation is expected to bode well for the market growth. Also, growing influence of the brands on social media is creating more awareness among consumers. This in turn is creating demand for premium cosmetics. Rising consumer preference for premium cosmetics, owing to willingness to spend more on beauty products, especially across emerging countries is expected to drive the market growth. The consumer preference for imported and branded cosmetics is majorly driven by brand name, product safety, and price. A rise in women workforce and financial independence is expected to positively influence the market growth in the forthcoming years. Trend of personalization is also supporting the demand of premium cosmetics among consumers. For instance, Face Gym, a European company, in 2017 launch the Make it Bar, where consumers can visit the studio and create their own face serums, suitable for their individual needs and lifestyle with the help from the professionals. The makeup segment of the premium cosmetics market is estimated to witness the fastest growth over the forecast period. Availability of waterproof and sweat proof products manufactured especially for hot and humid climatic conditions, is also boosting the demand. Skincare is estimated to be the largest segment over the forecast period, owing to wide application for skin care. Consumers prefer face creams, sunscreens, and body lotions to reduce acne scars, freckles, age spots, and discoloration among other skin issues. To boost the shopping experience and consumer interaction, premium cosmetic companies are upgrading their stores with advance technologies. Along with on-hand from beauty advisers, the companies are using Virtual Reality (VR) and Augmented Reality (AR) for better customer service. For instance, L'Oreal install interactive display in its Shanghai, Wuhan, and Changsha boutiques called as Magic Mirrors. Adoption of such technology also reduces the usage of sample products. The market is oligopolistic in nature with the companies implementing various business strategy, such as mergers and acquisitions to diversify the product portfolio and to expand their geographical presence. For instance, in 2018, L'Oreal acquire Stylenanda, a makeup and fashion brand focused on millennials in South Korea and China; to extend its business in Hong Kong, Singapore, Malaysia, and Thailand. L'Oreal also acquire Pulp Riot, an American brand, operating in professional hair color segment with a strong influence on social media. Further key findings from the report suggest: • Asia Pacific is estimated to be the largest and fastest growing market for premium cosmetics, majorly driven by high demand from China and Japan • Offline is estimated to be the largest distribution channel in the forthcoming years, owing to technological advancements such as VR interaction and AR makeup trials in stores • Online segment is projected to register the fastest CAGR of 9.4% over the forecast period, owing to the presence of multi brand e-retailers and companies direct-to-consumers strategy • Some of the key players operating in the premium cosmetics market include Coty; Estee Lauder; L'Oreal; LVMH; Shiseido; Chanel; Dior beauty; Elizabeth Arden Inc.; KAO Corporation; and The Procter & Gamble Company (P&G)
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Premium Cosmetics Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Premium Cosmetics Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Premium Cosmetics Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2018 & 2025
5.2. Skincare
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.3. Haircare
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.4. Makeup
5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.5. Fragrance
5.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.6. Others
5.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Premium Cosmetics Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
6.2. Online
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
6.3. Offline
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Premium Cosmetics Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.3.5. U.K.
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.3.6. Italy
7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.3.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.4.5. Japan
7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Coty
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Estée Lauder
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. L'Oréal
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. LVMH
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Shiseido
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Chanel
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Dior beauty
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Elizabeth Arden Inc.
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. KAO Corporation
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. The Procter & Gamble Company (P&G)
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
List of Tables 1. Premium cosmetics - Key market driver analysis 2. Premium cosmetics - Key market restraint analysis 3. Global skincare market estimates and forecast, 2015 - 2025 (USD Billion) 4. Global haircare market estimates and forecast, 2015 - 2025 (USD Billion) 5. Global makeup market estimates and forecast, 2015 - 2025 (USD Billion) 6. Global fragrance market estimates and forecast, 2015 - 2025 (USD Billion) 7. Global others market estimates and forecast, 2015 - 2025 (USD Billion) 8. Global premium cosmetics market estimates and forecast for Online, 2015 - 2025 (USD Billion) 9. Global premium cosmetics market estimates and forecast for Offline, 2015 - 2025 (USD Billion) 10. North America premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 11. North America premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 12. North America premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 13. U.S. premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 14. U.S. premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 15. U.S. premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 16. Europe premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 17. Europe premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 18. Europe premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 19. Germany premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 20. Germany premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 21. Germany premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 22. U.K. premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 23. U.K. premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 24. U.K. premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 25. Italy premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 26. Italy premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 27. Italy premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 28. APAC premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 29. APAC premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 30. APAC premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 31. China premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 32. China premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 33. China premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 34. Japan premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 35. Japan premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 36. Japan premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 37. CSA premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 38. CSA premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 39. CSA premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 40. Brazil premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 41. Brazil premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 42. Brazil premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 43. MEA premium cosmetics market estimates and forecast, 2015 - 2025 (USD Billion) 44. MEA premium cosmetics market revenue estimates and forecast by product, 2015 - 2025 (USD Billion) 45. MEA premium cosmetics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion) 46. Vendor landscape
List of Figures 1. Premium Cosmetics market snapshot 2. Premium Cosmetics market segmentation & scope 3. Premium Cosmetics market penetration & growth prospect mapping 4. Premium Cosmetics value chain analysis 5. Premium Cosmetics market dynamics 6. Premium Cosmetics market Porter's analysis 7. Premium Cosmetics market: Product movement analysis 8. Premium Cosmetics market: Distribution Channel movement analysis 9. Premium Cosmetics market: Regional movement analysis
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