Premium Cosmetics Market Size is Expected to Cross USD 369.2 Billion by 2024

According to Goldstein Research, global beauty and personal care industry players are expanding their businesses or increasing the supply in large consumer markets such as India, South of Russia, West Africa, East Africa, China and others. This will lead to increase the number of flagship stores and supply of premium cosmetic products into the market. Global Premium Cosmetics Market report by Goldstein Research includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, Europe dominates the global premium cosmetic industry with a revenue share of 32.1% in 2016. France, Germany, Italy, Switzerland, Spain and the U.K. were the top countries globally for their sales of luxury goods. According to our analyst, premium cosmetics market size is expected to cross USD 369.2 billion by 2024.

Market Segmentation

On the basis of our in-depth analysis, global premium cosmetics market can be segmented as follows:

By Products

• Fragrances
• Skin Care Products
• Color Cosmetics
• Hair Care Products
• Nail Care Products
• Sun Protection Products

By Gender

• Male
• Female

By Distribution Channel

• Online
• Offline

Based on Geography

• North America (U.S. & Canada) {Market Share (%), Market Size(USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America) {Market Share (%), Market Size(USD Billion)}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) {Market Share (%), Market Size(USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Share (%), Market Size(USD Billion)}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Share (%), Market Size(USD Billion)}

Premium Cosmetics Market report contains a detailed overview of the global premium cosmetics market. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Coach, LVMH, Puig, Shiseido, The Estée Lauder Companies Inc., Ralph Lauren Corporation, L’Oréal, Coty, Revlon, Hermès. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

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The report covers the present ground scenario and the future growth prospects of the premium cosmetics market for 2016-2024. Overall, the report represents the global premium cosmetics market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this global premium cosmetics market report

• What is the global premium cosmetics market size by 2024 and what would be the expected growth rate of sales?
• What are the premium cosmetics market trends?
• What are the dynamics which are driving this market?
• What are the major barriers to premium cosmetics market growth?
• Who are the prominent vendors in this market space?
• What are the market prospects for the current and entry level players?

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

With more than 12 years of experience in Market Research Industry, I have scaled up my skills in strategic consulting as well. Currently working as a Director in the Research Department in a well known U.S. based market research & advisory firm.