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Luxury Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

June 2022 | 145 pages | ID: LE365831EBBDEN
IMARC Group

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The global luxury cosmetics market reached a value of US$ 47.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 64.55 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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:
IMARC Group provides an analysis of the key trends in each sub-segment of the global luxury cosmetics market, along with forecasts at the global, regional and country level from 2022-2027. 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., Estйe Lauder Companies Inc., Kao Corporation, Kosй Corporation, L'Orйal S.A., LVMH Moлt Hennessy Louis Vuitton, Oriflame Cosmetics AG, Puig, Revlon Inc., Shiseido Company Limited and Tatcha LLC.

Key Questions Answered in This Report:
How has the global luxury cosmetics market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global luxury cosmetics market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the type?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global luxury cosmetics market and who are the key players?
What is the degree of competition in the industry?
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 Estйe 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 Kosй Corporation
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
    15.3.5.3 SWOT Analysis
  15.3.6 L'Orйal S.A.
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
    15.3.6.3 SWOT Analysis
  15.3.7 LVMH Moлt 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 TABLES

Table 1: Global: Luxury Cosmetics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Luxury Cosmetics Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Luxury Cosmetics Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 4: Global: Luxury Cosmetics Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Luxury Cosmetics Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Luxury Cosmetics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Luxury Cosmetics Market: Competitive Structure
Table 8: Global: Luxury Cosmetics Market: Key Players

LIST OF FIGURES

Figure 1: Global: Luxury Cosmetics Market: Major Drivers and Challenges
Figure 2: Global: Luxury Cosmetics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Luxury Cosmetics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Luxury Cosmetics Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Luxury Cosmetics Market: Breakup by Type (in %), 2021
Figure 6: Global: Luxury Cosmetics Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Luxury Cosmetics Market: Breakup by End User (in %), 2021
Figure 8: Global: Luxury Cosmetics Market: Breakup by Region (in %), 2021
Figure 9: Global: Luxury Cosmetics (Skincare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Luxury Cosmetics (Skincare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Luxury Cosmetics (Haircare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Luxury Cosmetics (Haircare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Luxury Cosmetics (Makeup) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Luxury Cosmetics (Makeup) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Luxury Cosmetics (Fragrances) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Luxury Cosmetics (Fragrances) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Luxury Cosmetics (Organic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Luxury Cosmetics (Organic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Luxury Cosmetics (Conventional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Luxury Cosmetics (Conventional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Luxury Cosmetics (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Luxury Cosmetics (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Luxury Cosmetics (Specialty and Monobrand Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Luxury Cosmetics (Specialty and Monobrand Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Luxury Cosmetics (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Luxury Cosmetics (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Luxury Cosmetics (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Luxury Cosmetics (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Luxury Cosmetics (Male) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Luxury Cosmetics (Male) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Luxury Cosmetics (Female) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Luxury Cosmetics (Female) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia-Pacific: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia-Pacific: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Luxury Cosmetics Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Luxury Cosmetics Market: Breakup by Country (in %), 2021
Figure 81: Middle East and Africa: Luxury Cosmetics Market Forecast: Sales Value (in Million US$), 2022-2027
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


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