Press release
Premium Cosmetics Market Growth Accelerates: Strategic Forecast Predicts $235.04 Billion by 2029
Premium Cosmetics Market
Premium Cosmetics Market Size Growth Forecast: What to Expect by 2025?
The high-end cosmetics industry has experienced robust growth in the past few years. By 2025, it is projected to expand from its 2024 value of $142.9 billion to reach $156.9 billion, with an anticipated compound annual growth rate (CAGR) of 9.8%. The notable growth seen in previous years can be credited to evolving consumer tastes, increased brand awareness and prestige, a rise in influencer marketing, growing disposable income, and a lavish shopping experience.
How Will the Premium Cosmetics Market Size Evolve and Grow by 2029?
The market size of high-end cosmetics is predicted to experience a swift expansion in the coming years, reaching a value of $235.04 billion in 2029 with a compound annual growth rate (CAGR) of 10.6%. The upward trajectory in the projection period can be credited to factors such as focus on individuality, increased demand in burgeoning markets, growing interest towards environmentally-friendly beauty, the influence of social and environmental aspects, and the dominance of online shopping. Key trends during the projected period encompass the amalgamation of beauty and wellness, emphasis on inclusivity and broad representation, interactive retail and engaging brand environments, refined packaging designs, and strategies revolving around limited edition and exclusivity.
View the full report here:
https://www.thebusinessresearchcompany.com/report/premium-cosmetics-global-market-report
What Drivers Are Propelling the Growth of Premium Cosmetics Market Forward?
The premium cosmetics market is predicted to grow due to the increasing demand for natural cosmetics. These natural cosmetics, made entirely of natural ingredients with only minimal synthetic components like parabens and petrochemicals, are considered safer for health and environment due to their absence of harmful chemicals such as parabens, phthalates, and sodium lauryl sulfate. For example, the India Brand Equity Foundation, based in India, reported in December 2023 that the global cosmetics industry is growing at a 4.3% CAGR, and is expected to hit $450 billion by 2025. Thus, the booming demand for natural cosmetics is set to fuel the expansion of the premium cosmetics market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7094&type=smp
Which Emerging Trends Are Transforming the Premium Cosmetics Market in 2025?
The primary trend gaining traction in the premium cosmetics market is the emergence of product innovations. Major players in the sector of premium cosmetics are honing in on product innovations to establish a competitive edge. For instance, Proven Skincare, an American skincare product developer, in May 2022, debuted its first pair of personalized eye creams. This includes a Personalized Day Eye Cream and a Personalized Night Eye Cream. They leveraged Artificial Intelligence (AI) and big data to create these customized products. The duo of creams are specifically designed to complement each individual's skin type, lifestyle, and environmental conditions.
What Are the Key Segments in the Premium Cosmetics Market?
The premium cosmetics market covered in this report is segmented -
1) By Product Type: Skin Care, Hair Care, Fragrances and Perfumes, Sun Care, Baby Care, Other Product Types
2) By Nature: Natural and Organic, Conventional
3) By Gender: Male, Female, Unisex
4) By Distributional Channel: Offline, Online
Subsegments:
1) By Skin Care: Moisturizers, Anti-Aging Products, Serums, Eye Creams
2) By Hair Care: Shampoos, Conditioners, Hair Masks, Hair Styling Products
3) By Fragrances And Perfumes: Eau De Parfum, Eau De Toilette, Body Sprays, Solid Perfumes
4) By Sun Care: Sunscreens, After-Sun Care, Tanning Products
5) By Baby Care: Baby Lotions, Baby Shampoos, Baby Oils, Diaper Rash Creams
6) By Other Product Types: Makeup, Nail Care Products, Beauty Supplements
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7094&type=smp
Who Are the Key Players Shaping the Premium Cosmetics Market's Competitive Landscape?
Major companies operating in the premium cosmetics market include Johnson & Johnson Services Inc., LVMH Moët Hennessy Louis Vuitton SE, The Procter & Gamble Company, Christian Dior SE, Unilever plc, L'Oréal S.A., Henkel AG & Co KGaA, KAO Corporation, Chanel S.A., The Estée Lauder Companies Inc., Amway Corporation, Shiseido Company Ltd., Natura & Co, Ralph Lauren Corporation, LG Household & Health Care Ltd., Coty Inc., Amorepacific Corporation, Mary Kay Inc., Avon Products Inc., Yves Rocher Spol. S.R.O., Kose Corporation, Beiersdorf AG, Revlon Inc., Oriflame Cosmetics Global SA, Charlotte Tilbury Beauty Ltd., La Prairie Group AG, Groupe Clarins, Sisley Paris
What Geographic Markets Are Powering Growth in the Premium Cosmetics Market?
Asia-Pacific was the largest region in the premium cosmetics market share in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the premium cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7094
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Premium Cosmetics Market Growth Accelerates: Strategic Forecast Predicts $235.04 Billion by 2029 here
News-ID: 4113118 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Cosmetics
Halal Cosmetics Market Progressive Impacts On The Universal Economy| Amara cosme …
The latest study released on the global 'Halal Cosmetics' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Halal Cosmetics' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Get free access…
Mineral Cosmetics Market, By Product (Face Cosmetics, Lips Cosmetics, Eye Cosme …
The mineral cosmetics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.15% in the above-mentioned forecast period.
View Detailed Report: https://www.databridgemarketresearch.com/reports/global-mineral-cosmetics-market
The cosmetics that are basically formulated with compressed minerals are referred as mineral cosmetics. The do not contain oil or wax additives. They are beneficial for the skin and health. The different type of mineral…
Halal Cosmetics Market Giants Spending is going to Boom | Amara cosmetics, Pure …
Advance Market Analytics published a new research publication on "Halal Cosmetics Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Halal Cosmetics market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Halal Cosmetics Market Surprising Growth| Wardah Cosmetics, MARTHA TILAAR, Amara …
Data Bridge Market Research has recently added a concise research on the Global Halal Cosmetics Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value,…
Women Cosmetics Market Future Scope, Opportunities with Strategic Growth and Top …
Overview of Documentary Film and TV Show Market
The research report titled ‘Documentary Film and TV Show Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
This report presents a comprehensive overview, market shares and growth opportunities of Documentary Film and TV Show Market by product type, application, key companies and key regions. The report delivers a…
Women Cosmetics Market to Witness an Outstanding Growth during 2019-2023 | Women …
Overview of Women Cosmetics Market
The research report titled ‘Women Cosmetics Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
This report covers various information about the key players, including price, revenue, gross profit, interview record, business distribution etc. these data help the consumer know about the competitors better. This report also covers all the regions and…
