Premium Cosmetics Market Analysis by Top Companies 2018: Coty, Inc. (U.S.), Estée Lauder Companies Inc. (U.S.), Chanel S.A. (France), L'Oréal S.A. (France), LVMH Moët Hennessy Louis Vuitton SE (France), Shiseido Co.,Ltd. (Japan), and Kao Corporation (J

Market Synopsis of Premium Cosmetics:

Premium Cosmetics Market Information: by Type (Skincare, Hair Care, Fragrances & Perfumes, Sun Care, Baby Care, Bath & Shower, others), by Category (Conventional, Organic, Vegan, others), by Distribution Channel (Store Based (Supermarkets/Hypermarkets, Specialty Retailers, Convenience Stores, others), and by Non-Store Based (E-Commerce)), and by Region Forecast till 2023

Market Definition:

Premium cosmetics are made with the help of specialty cosmetics ingredients, which adds value to the product line. Premium cosmetics can be made with the help of natural, organic or other specialty ingredients, which creates product differentiation and attract consumers towards the product line. Increasing disposable income based on the economic developments is supporting the sale of premium cosmetics on a global level. Manufacturers focus on R & D has also resulted in production of high quality premium cosmetics which is suitable for various skin types and helps in exfoliating the skin to enhance the overall appearances.

Key Players:

Some of the key players profiled in the global premium cosmetics market are Coty, Inc. (U.S.), Estée Lauder Companies Inc. (U.S.), Chanel S.A. (France), L'Oréal S.A. (France), LVMH Moët Hennessy Louis Vuitton SE (France), Shiseido Co.,Ltd. (Japan), and Kao Corporation (Japan).

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Market Scenario:

Rising working women population and increasing disposable income have a positive impact on premium cosmetics market. Moreover, rapid urbanization has increased pollution due to which the demand for skincare products have increased. Additionally, increasing beauty consciousness and high product promotions is propelling the growth of this market. High consumer end demand is encouraging the players to enter the premium cosmetics market and generate high revenues. Furthermore, celebrity endorsement is also identified to have a positive impact on this market.

Key players are more inclined towards enhancing the product quality as well as to bring innovations in their product line to create product differentiation as well as to attract consumers towards their offerings. Also, based on the technology strides, manufacturers are focusing on bringing new techniques to optimize the production capacity to satiate the growing demand.

Key Findings:

Organic premium cosmetics is projected to be growing at a higher rate during the forecast period owning to rising consumer based demand for chemical-free cosmetics.

Top exporters of premium cosmetics include France, the U.S., Japan, Germany, and Korea.

Segments:

Premium cosmetics has been segmented on the basis of type, which comprises skincare, hair care, fragrances & perfumes, sun care, baby care, bath & shower, and others. Skin care based premium cosmetics holds a major share owning to increasing beauty consciousness among the consumers.

Premium cosmetics has been segmented on the basis of category, which includes conventional, organic, vegan, and others. Among these segments, conventional premium cosmetics dominates the global market, however, the growth of organic premium cosmetics is experiencing a surge based rising demand for natural form of cosmetics.

Premium cosmetics has been segmented on the basis of distribution channel, which include store based and non-store based channels. Owning to one-stop shopping experience, the share of store based channels is projected to dominate the segment.

Intended Audience:

Luxury personal care products manufacturers
Cosmetics s manufacturers
Retailers, wholesalers
E-commerce companies
Traders, importers and exporters
Regional Analysis:

The global premium cosmetics market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). North America accounts for the major market share followed by Europe. High consumers’ acceptability, developed economy, and increasing expenditure on quality skincare and cosmetic products in the region is projected to fuel up the premium cosmetics market share in this market.

Furthermore, consumers’ inclination towards satiating the social dynamics will support the sale of premium cosmetics across the regions during the assessment period. The major importers of premium cosmetics include the U.S., China, the U.K., Germany, and Singapore.

The report for global premium cosmetics market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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