Press release
Luxury Skincare Global Market Anticipated to Attain $33.14 Billion By 2028, at 8.4% CAGR | Latest Trends and Growth Opportunities
Luxury Skincare Global Market
The luxury skincare market size is expected to see strong growth in the next few years. It will grow to $33.14 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to continued emphasis on self-care, rapid growth in e-commerce, focus on sustainability, increasing aging population, inclusive beauty standards. Major trends in the forecast period include technological advancements in formulations, innovation in formulations, digital transformation and e-commerce dominance, advanced technology and innovation, focus on wellness and holistic skincare.
Market Overview -
Luxury skincare refers to a category of high-end, premium-quality skincare products and treatments that are designed to provide an exclusive and indulgent experience for consumers. Luxury skincare products are primarily high priced and used to address specific skin concerns, preventing and reversing signs of aging.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=13477&type=smp
E-Commerce Boom Propels Luxury Skincare Market Growth
The growing e-commerce industry is expected to propel the growth of the luxury skincare market going forward. E-commerce refers to the buying and selling of goods and services over the Internet. E-commerce enhances the reach of luxury skincare providing customers with the flexibility to shop anytime, anywhere and allow brands to gather data on customer preferences and browsing behavior. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 climbed by 7.5% (or 1.4%), while overall retail sales rose by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores. Therefore, the growing e-commerce industry is driving the growth of the luxury skincare market.
Competitive Landscape -
Major companies operating in the luxury skincare market report are Johnson & Johnson Services Inc., Christian Dior SE, LVMH Moët Hennessy Louis Vuitton SE, Procter & Gamble Company, Unilever plc, L'Oréal S.A., Henkel AG & Co. KGaA, Colgate-Palmolive Company, The Estée Lauder Companies Inc., Chanel S.A., Kao Corporation, Shiseido Co. Ltd., Coty Inc., Valmont Group, Amorepacific Corporation, Mary Kay Inc., Avon Products Inc., Kose Corporation, Revlon Inc., Beiersdorf AG , Sisley S.A., Guerlain S.A., Augustinus Bader GmbH & Co. KG, Lancôme Paris, Tatcha LLC, Tata Harper Skincare, Natura Bissé International S.A., Natura & Co., Sunday Riley Modern Skincare LLC
Major Companies Drive Profitability with Innovations like AI Skin Advisor in the Luxury Skincare Market
Major companies operating in the luxury skincare market are focusing on advances in innovation and technology for luxury skincare, such as AI Skin Advisor to increase their profitability in the market. AI Skin Advisor provides a personalized skincare routine to customers by analyzing their skin. For instance, in January 2023, Bulldog Skincare Limited, a US-based manufacturer of skincare products, launched the new AI Skin Advisor. This innovative AI tool enables male users to increase their virtual engagement in skin analysis, which provides personalized skincare tips in less than a minute. The tool streamlines the process of selecting the best skincare products in order to make the skincare journey more enjoyable and approachable for men. The Bulldog UK website offers it for purchase, and it was created in collaboration with Revieve, a producer of digital brand experiences and self-diagnostic tools.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/luxury-skincare-global-market-report
Key Segments -
The luxury skincare market covered in this report is segmented -
1) By Types: Facial Care, Body Care
2) By Distribution Channel: Hypermarkets And Supermarkets, Specialty Stores, Online Stores, Other Distribution Channels
3) By Applications: For Men, For Women
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Luxury Skincare Global Market Anticipated to Attain $33.14 Billion By 2028, at 8.4% CAGR | Latest Trends and Growth Opportunities here
News-ID: 3450762 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Skin
Rising Skin Disease Prevalence Fueling Growth In Complicated Skin And Skin Struc …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Complicated Skin And Skin Structure Infections Drugs Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of drugs for complex skin and skin structure infections has seen robust growth. The market value will rise from $9.51 billion in 2024 to…
Pipa Skin Care Introduces Skin Saver: The Ultimate Face and Body Mist for Tweens …
[MIAMI, FL - March 2025] Pipa Skin Care, the science-backed and pediatrician-approved skincare brand designed specifically for tweens with clean and safe ingredients, is launching Skin Saver (MSRP $16.99), a revolutionary face and body mist that helps fight acne-causing bacteria, calm irritation, and restore skin balance-all with just three clean ingredients.
At the core of Skin Saver is hypochlorous acid (HOCl), a powerful, dermatologist-recommended ingredient naturally found in the human immune…
Natural Skin Essence Skin Tag Remover - Affordable Skin Tag Remover!
Skin tags are small, benign growths that appear on the skin. While they are generally harmless, many people find them unsightly and choose to remove them. Natural Skin Essence Skin Tag Remover has emerged as a popular, non-invasive solution for removing skin tags without the need for expensive and painful procedures. This article will delve into everything you need to know about Natural Skin Essence Skin Tag Remover, including its…
Skin Solutions Skin Tag Remover - Remove Unwanted Skin Tags Painlessly!
Are you tired of unsightly skin tags? You're not alone. Skin tags, though harmless, can be an aesthetic concern for many. They often appear in inconvenient places and can affect your confidence. Fortunately, there's a solution: Skin Solutions Skin Tag Remover. In this article, we'll explore everything you need to know about this popular skin tag removal product.
● Product Name - Skin Solutions Skin Tag Remover
● Main Benefits - Skin…
Allura Skin Glow Skin Tag Remover Eliminate Bothersome Skin Growths!
Are you frustrated with having to conceal your scars and wrinkles under layers of clothing? Do these skin issues make you feel embarrassed and self-conscious? Worry no more, because Allura Skin Glow Skin Tag Remover is the solution you've been looking for! This powerful serum targets blemishes and marks on your skin, helping you achieve flawless, silky-smooth skin quickly. In this article, we'll provide you with all the essential information…
Skin Arcadia Skin Tag Remover Voted #1 Skin Tag Remover!
Skin tags can be an unpleasant and annoying skin problem. These little, soft developments of skin normally appear on the neck, underarms, under the breasts, or in skin folds. While safe, many individuals turn to removal methods to eliminate these bothersome skin tags. Skin Arcadia Skin Tag Remover provides an all-natural, at-home option for removing skin tags without pain or scarring.
𝐒𝐇𝐈𝐏𝐏𝐈𝐍𝐆 𝐅𝐄𝐄 𝐎𝐍𝐋𝐘!!
📣𝗦𝗮𝗹𝗲 𝗶𝘀 𝗟𝗶𝘃𝗲 𝗡𝗼𝘄 👉👉 https://atozsupplement.com/skin-arcadia-skin-tag-remover/
✅Enjoy Your Bottle!!
What…
