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37% of the high-end cosmetics market growth will come from APAC, segmentation by distribution channel, product, geography, size, share, outlook, forecast and opportunity analysis 2022-2026

NEW YORK, July 28, 2022 /PRNewswire/ — The High-end cosmetics market is part of the global personal products industry within the global household and personal products sector, as categorized by Technavio. The the global personal products parent industry covers products and companies engaged in research and development (R&D) and production of personal care and beauty products, including cosmetics and fragrances. Moreover, the market value of high-end cosmetics is expected to grow from $51.75 billiongrowing at a CAGR of 6.6% from 2021 to 2026, according to the latest Technavio report.

Technavio has announced its latest market research report titled Premium Cosmetics Market by Distribution Channel, Product and Geography – Forecast and Analysis 2022-2026

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SUMMARY OF RESEARCH REPORT

Segmentation analysis and forecasts

The high-end cosmetics market is segmented by Product (skin care products, perfumes, color cosmetics, hair care products and others) and distribution channel (offline distribution channel and online distribution channel).

  • Market share growth in the skin care products segment will be significant during the forecast period. The skin care market is growing as young and old women are looking for products to help them achieve better looking skin.

  • Although women are the largest customer segment in the global premium skin care products market, men are increasingly aware of their beauty and well-being.

  • Therefore, to expand the customer base, vendors are launching innovative and tailor-made grooming products for men.

The high-end cosmetics market is segmented by Geography (APAC, Europe, North America, South Americaand Middle East and Africa).

  • 37% of market growth will come from APAC during the forecast period. China and Japan are the main markets for high-end cosmetics in APAC.

  • Market growth in this region will be faster than market growth in other regions.

  • Growing access to online shopping through the internet and smart gadgets will facilitate the growth of the high-end cosmetics market in APAC during the forecast period.

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Overview of the contribution and market share of various segments and regions on
Higher priority

Driver of the high-end cosmetics market:

High-end cosmetics market challenge:

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TABLES) OF THIS MARKET

Overview of Suppliers-

  • Amway Corp.

  • Beiersdorf Aktiengesellschaft

  • CHANEL Ltd.

  • Coty Inc.

  • Dambiro’s

  • Clarins Group

  • Henkel AG and Co. KGaA

  • Johnsons and Johnsons

  • Kose Corp.

  • Loccitane International S.A.

  • LVMH Moet Hennessy Louis Vuitton SE

  • NUDE beauty brands

  • Oriflame Holding SA

  • Revlon inc.

  • Shiseido Co.Ltd.

  • The Avon Company.

  • Unilever APIs

  • The Procter and Gamble company.

  • Kao Corp.

  • LOreal SA

  • Estee Lauder Co. Inc.

The high-end cosmetics market is fragmented and vendors are deploying growth strategies such as engaging in continuous R&D to deliver products that are used by people around the world to compete in the marketplace.

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REPORT OF THIS MARKET

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Here are some similar topics-

Online Premium Cosmetics Market by Product and Geography – Forecast and Analysis 2022-2026: The market value is expected to increase by $15.26 billion, growing at a CAGR of 7% from 2021 to 2026, according to Technavio’s latest report. The rise in the aging population is notably driving the growth of the online high-end cosmetics market, although factors such as the high cost of skincare cosmetics may hamper the growth of the market. FIND MORE RESEARCH INSIGHTS HERE

United States Color Cosmetics Market by Distribution Channel and Product – Forecast and Analysis 2022-2026: The market value is expected to increase by $2.50 billion, growing at a CAGR of 3.88% from 2021 to 2026, according to Technavio’s latest report. The US color cosmetics market is fragmented and vendors are deploying growth strategies such as product launches, price wars, and mergers and acquisitions to compete in the market. FIND MORE RESEARCH INSIGHTS HERE

Scope of the high-end cosmetics market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 6.6%

Market Growth 2022-2026

$51.75 billion

Market structure

Fragmented

Annual growth (%)

5.8

Regional analysis

APAC, Europe, North America, South America, Middle East and Africa

Successful market contribution

Asia-Pacific at 37%

Main consumer countries

United States, China, Japan, Germany and United Kingdom

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Amway Corp., Beiersdorf Aktiengesellschaft, CHANEL Ltd., Coty Inc., Dambiro de, Groupe Clarins, Henkel AG and Co. KGaA, Johnson and Johnson, Kose Corp., Loccitane International SA, LVMH Moet Hennessy Louis Vuitton SE, NUDE Beauty Brands , Oriflame Holding AG, Revlon Inc., Shiseido Co. Ltd., The Avon Co., Unilever PLC, The Procter and Gamble Co., Kao Corp., LOreal SA and The Estee Lauder Co. Inc.

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast growing and slow growing segments, impact of COVID 19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Product

6 Market Segmentation by Distribution Channel

7 Customer Landscape

8 Geographic landscape

9 drivers, challenges and trends

10 Supplier Landscape

11 Vendor Analysis

12 Appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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