Luxury Cosmetics Market Research and Forecast Report 2023-2028

1. Global Luxury Cosmetics Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Luxury Cosmetics Market Research Report: The latest report by IMARC, titled “Luxury Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global luxury cosmetics market reached a value of US$ 50.1 Billion in 2022. Luxury cosmetics are products that are sold at a higher price as compared to their counterpart drugstore products. They consist of products manufactured using organic and premium quality ingredients. They are mainly categorized into skincare, haircare, makeup products, and fragrances. The quality of the ingredients used in luxury cosmetics is extensively different from the products from local departmental store brands. Individuals widely use them to beautify themselves and enhance their appearance. They are available in various forms, such as creams, lotions, gels, oils, sprays, and tablets. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/luxury-cosmetics-

4. Report Description and Highlights Report Description Global Luxury Cosmetics Market Trends: The global market is majorly driven by the increasing prevalence of hair and skin-related problems, such as hair fall, dandruff, skin rashes, skin acne, and others. Individuals widely use premium-based cosmetics to help with these hair and skin-related problems. In line with this, the growing demand for high-quality and premium beauty and personal care products is significantly contributing to the market. Furthermore, the introduction of vegan ingredients-based luxury cosmetic items is creating a positive outlook for the market. Apart from this, the changing global fashion trends are accelerating the demand for high-performing luxury cosmetic products among fashion professionals, which are expected to support the market growth. Moreover, the high standards of living and the rising expenditure capacity of individuals are propelling the market. Besides, the escalating number of women working population and the increasing concerns among the female population regarding their appearance are favorably impacting the product demand. Additionally, the shifting consumer preferences toward organic luxury cosmetic items are expected to provide a boost to the market expansion. Some of the other factors driving the market include rapid urbanization, rising awareness about the benefits of using luxury cosmetics, and the expansion of the global e-commerce industry. On account of the factors above, the market is anticipated to reach a value of US$ 67.6 Billion by 2028, exhibiting a CAGR of 4.9% during 2023- 2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: 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:

6. Report Description and Highlights Report Description • 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

7. Report Description and Highlights Report Description • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Avon Products Inc. (Natura & Co.) Coty Inc. Estée Lauder Companies Inc. Kao Corporation Kosé Corporation L'Oréal S.A. LVMH Moët Hennessy Louis Vuitton Oriflame Cosmetics AG Puig Revlon Inc. Shiseido Company Limited Tatcha LLC. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/luxury-cosmetics-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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