Executive Summary
Global Prestige Beauty Market was valued at USD 12.65 billion in the year 2019, backed by augmented number of tech-savvy customers, online and offline availability of branded products worldwide, changing lifestyle, inclination towards individualism, increase in number of middle-income groups, rising demand from Chinese millennials and Gen Z. These factors are driving the demand for Prestige Beauty products. Also, people have started giving much attention to the beauty products and have been increasing their demand for organic or chemical free cosmetics and not to face the ill effects on consuming less quality and less priced skincare or other makeup products. Moreover, a fundamental and structural shift in consumer spending trends to purchasing goods online amid the pandemic. E-commerce is a unique opportunity to make more women and men discover various brands and products. In China and emerging economies, online is the favourite channel of choice for beauty browsing and shopping.
Under the Product segment, skincare segment is anticipated to increase as the premium skin care products addresses various skin care needs and include vast variety of moisturizers, toners, serums, body care, exfoliators, cleansers, acne care and oil correctors, facial masks, cleansing devices and sun care products as per the skin product and tone. In addition, the pandemic caused significant damage to the balance sheets of brands, retailers, and suppliers, and many companies would require to look for new sources of capital. Also, the crisis is likely to accelerate trends that were already shaping the market, such as the rise in the use of e-commerce and the global middle class. Nonetheless, crisis has brought substantial shifts in demand and the pace of innovation has also been accelerated. Even before the pandemic, the brands were under pressure to update their product-innovation pipelines to meet the demand and needs of the consumer.
On the basis of Distribution Channel, a decent growth is estimated in online sales platform because of vast variety of diversified products, ease of shopping and possibility of availing offers and discount.
Among the regions, Asia Pacific is the largest market of prestige beauty products. Factors such as change in lifestyle, increasing purchasing power, rise in online platforms are factors escalating the market growth of Prestige Beauty Market in the region. Furthermore, Asia Pacific region is anticipated to witness the highest CAGR on the back of rising brand awareness and rise in demand for best quality cosmetics by millennial and youngsters.
Scope of the Report
- The report analyses the Prestige Beauty Market.
- The report analyses Prestige Beauty Market By Product (Skincare, Fragrance, Makeup, Haircare).
- The report assesses the Prestige Beauty Market By Distribution Channel (Online, Offline).
- The Global Prestige Beauty Market has been analysed By Region (North America, Europe, Asia Pacific) and By Country (US, Canada, France, UK, Italy, Germany, China, India, South Korea, Japan).
- The key insights of the report have been presented through the attractiveness of the market has been presented By Product, By Distribution Channel and Region. Additionally, the major opportunities, trends, drivers and challenges, mergers and acquisitions of the industry has been analysed in the report.
- The companies analysed in the report include THG (The Hut Group), Estee Lauder Companies Inc., L'Oreal, Procter & Gamble Co., Shiseido Company, Limited, Coty Inc., Louis Vuitton Moet Hennessy (LVMH), Chanel, Clarins, Unilever).
- The report presents the analysis of Prestige Beauty market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Key Target Audience
- Prestige Beauty Brands and Companies
- Consulting and Advisory Firms
- Government and Policy Makers
- Investment Banks and Equity Firms
- Regulatory Authorities
Table of Contents
1. Report Scope and Methodology
- 1.1 Research Methodology
- 1.2 Executive Summary
2. Strategic Recommendations
3. Global Prestige Beauty Market: Product Outlook
4. Global Prestige Beauty Market: Sizing and Forecast
- 4.1 Market Size, By Value, Year 2015-2025
5. Global Prestige Beauty Market Segmentation By Product (By Value)
- 5.1 Competitive Scenario of Global Prestige Beauty Market - By Product
- 5.2 By Skincare- Market Size and Forecast (2020-2025)
- 5.3 By Fragrance - Market Size and Forecast (2020-2025)
- 5.4 By Makeup- Market Size and Forecast (2020-2025)
- 5.5 By Haircare - Market Size and Forecast (2020-2025)
6. Global Prestige Beauty Market Segmentation By Distribution Channel (By Value)
- 6.1 Competitive Scenario of Global Prestige Beauty Market - By Product
- 6.2 By Online - Market Size and Forecast (2020-2025)
- 6.3 By Offline - Market Size and Forecast (2020-2025)
7. Global Prestige Beauty Market: Regional Analysis
- 7.1 Competitive Scenario of Global Prestige Beauty: By Region
8. North America Prestige Beauty Market: An Analysis (2020-2025)
- 8.1 North America Prestige Beauty Market: Size and Forecast, By Value (2020-2025)
- 8.2 North America Prestige Beauty Market - Prominent Companies
- 8.3 Market Segmentation By Product (Skincare, Fragrance , Makeup and Haircare)
- 8.4 Market Segmentation By Distribution Channel (Online and Offline)
- 8.5 North America Prestige Beauty Market: Country Analysis
- 8.6 Market Opportunity Chart of North America Prestige Beauty Market - By Country, By Value (Year-2025)
- 8.7 Competitive Scenario of North America Prestige Beauty: By Country
- 8.8 United States Prestige Beauty Market: Size and Forecast (2020-2025)
- 8.9 United States Prestige Beauty Market Segmentation By Product and Distribution Channel
- 8.10 Canada Prestige Beauty Market Size and Forecast (2020-2025)
- 8.11 Canada Prestige Beauty Market Segmentation By Product and Distribution Channel
9. Europe Prestige Beauty Market: An Analysis (2020-2025)
- 9.1 Europe Prestige Beauty Market: By Value, Size and Forecast 2020-2025)
- 9.3 Europe Prestige Beauty Market: Prominent Companies
- 9.4 Market Segmentation By Product (Skincare, Fragrance , Makeup and Haircare)
- 9.5 Market Segmentation By Distribution Channel (Online and Offline)
- 9.6 Europe Prestige Beauty Market: Country Analysis
- 9.7 Market Opportunity Chart of Europe Prestige Beauty Market - By Country, By Value (Year-2025)
- 9.8 Competitive Scenario of Europe Prestige Beauty: By Country
- 9.9 United Kingdom Prestige Beauty Market: Size and Forecast (2020-2025)
- 9.10 United Kingdom Prestige Beauty Market Segmentation By Product and Distribution Channel
- 9.11 Italy Prestige Beauty Market: Size and Forecast (2020-2025)
- 9.12 Italy Prestige Beauty Market Segmentation By Product and Distribution Channel
- 9.13 France Prestige Beauty Market: Size and Forecast (2020-2025)
- 9.14 France Prestige Beauty Market Segmentation By Product and Distribution Channel
- 9.15 Germany Prestige Beauty Market: Size and Forecast (2020-2025)
- 9.16 Germany Prestige Beauty Market Segmentation By Product and Distribution Channel
10. APAC Prestige Beauty Market: An Analysis (2020-2025)
- 10.1 APAC Prestige Beauty Market: By Value, Size and Forecast (2020-2025)
- 10.2 Asia Pacific Prestige Beauty Market- Prominent Companies
- 10.3 Market Segmentation By Product (Skincare, Fragrance , Makeup, Haircare)
- 10.4 Market Segmentation By Distribution Channel (Online and Offline)
- 10.5 APAC Prestige Beauty Market: Country Analysis
- 10.6 Market Opportunity Chart of APAC Prestige Beauty Market - By Country, By Value (Year-2025)
- 10.7 Competitive Scenario of APAC Prestige Beauty: By Country
- 10.8 China Prestige Beauty Market: Size and Forecast (2020-2025)
- 10.9 China Prestige Beauty Market Segmentation By Product and Distribution Channel
- 10.10 Japan Prestige Beauty Market: Size and Forecast (2020-2025)
- 10.11 Japan Prestige Beauty Market Segmentation By Product and Distribution Channel
- 10.12 India Prestige Beauty Market: Size and Forecast (2020-2025)
- 10.13 India Prestige Beauty Market Segmentation By Product and Distribution Channel
- 10.14 South Korea Prestige Beauty Market: Size and Forecast (2020-2025)
- 10.15 South Korea Prestige Beauty Market Segmentation By Product and Distribution Channel
11. Global Prestige Beauty Market Dynamics
- 11.1 Global Prestige Beauty Market Drivers
- 11.2 Global Prestige Beauty Market Restraints
- 11.3 Global Prestige Beauty Market Trends
12. Market Attractiveness
- 12.1 Market Attractiveness Chart of Global Prestige Beauty Market - By Product (Year 2025)
- 12.2 Market Attractiveness Chart of Global Prestige Beauty Market - By Distribution Channel (Year 2025)
- 12.3 Market Attractiveness Chart of Global Prestige Beauty Market - By Region, By Value, (Year-2025)
13. Competitive Landscape
- 13.1 Market Share Analysis
14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
- 14.1 THG (The Hut Group)
- 14.2 Estee Lauder Companies Inc.
- 14.3 L'Oreal
- 14.4 Isabel Marant
- 14.5 Shiseido Company, Limited
- 14.6 Coty Inc.
- 14.7 Louis Vuitton Moet Hennessy (LVMH)
- 14.8 Chanel
- 14.9 Clarins
- 14.10 Unilever