The Global Luxury Cosmetics Market size is expected to reach $75.5 billion by 2025, rising at a market growth of 5.6% CAGR during the forecast period (2019-2025). Cosmetics products have become a routine part of humans to cleanse and enhance the physical features of their skin. Within the growing market of cosmetics, luxury products or luxury cosmetics have conquered the market with a wide range of products that are manufactured by using organic and premium quality ingredients. These products are sold at high prices as compared to their counterpart drugstore products. Luxury cosmetics mainly cover skincare, makeup products, hair care, and fragrances.
Luxury products have risen up to be a lucrative industry specifically in the North America and Europe region, due to the high consumer purchasing power in the countries of these regions. However, the popularity of luxury cosmetics has extended across the Asian countries as well owing to the increasing disposable income and the prevalent skin and hair care trends in the region.
The advent of internet has expanded the e-commerce industry, which has further prompted the scaling of luxury cosmetics market on online platforms. This can be attributed to the convenience, global reach, and a wide choice spectrum available simultaneously. A prominent factor that has given a setback to the industry, despite its rooted demand is existence of counterfeit products. A new trend emerging in the industry is the acceptance and demand for halal cosmetics. This demand is specifically arising from the Middle Eastern countries and is expanding worldwide. It can be thus observed as an opportunity by manufacturers to grow and expand their market operations.
The urbanization is broadening rapidly, and so is the disposable income in growing economies. In par with this trend, the demand for natural & organic cosmetics is rising remarkably with a surge in online retail. These are significant factors that have boosted the growth of the luxury cosmetics market across the globe.
The industry players emphasize on the prevalent factors that have constantly contributed towards an increase in the adoption of luxury cosmetics. These include growth in upper-middle-class population, increased consumer interest in distinct and premium products, rising online beauty expenditure, and spreading out of the social network.
The Europe market recorded a large market share in 2018, particularly in the skincare sub-segment. Customers in the European countries are highly cautious about their skincare routines and have a higher preference of using premium-quality products. On the other hand, the Asia-Pacific region is anticipated to grow at the highest CAGR during the forecast period.
The Luxury Cosmetics market report has segmented the market on the basis of type, product type, end-user, distribution channel, and region. Organic and conventional products are covered in the type segment. The product type segment comprises skincare, makeup, haircare, and fragrances. On the basis of end-user, the market is categorized into males and females. The distribution channel segment includes e-commerce, specialty/mono-brand stores, supermarket/hypermarket, and others. Lastly, the regional market is spanned across North America, Europe, Asia-Pacific, and LAMEA.
The major market players expanding their reach in the global luxury cosmetics market are: L'Oreal, Christian Dior, Shiseido Company, Limited, Puig, Coty Inc., Revlon, Inc., Kao Corporation, Oriflame Cosmetics AG, The Estee Lauder Companies Inc., and KOSE Corporation. The market players are adopting progressive strategies to leverage the opportunities of the market. Companies are focusing on innovative strategies to compete in the market space.
Scope of the Study
Market Segmentation
By Type
- Conventional Luxury Cosmetics
- Organic Luxury Cosmetics
By Product Type
- Skincare
- Haircare
- Makeup
- Fragrances
By Distribution Channel
- E-commerce
- Supermarket/Hypermarket
- Specialty stores and Monobrand stores
- Others
By End User
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- Latin America, Middle East and Africa (LAMEA)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- L'Oreal Group
- Shiseido Company Limited
- LVMH SE (Christian Dior)
- Puig SL
- Coty, Inc. (JAB Cosmetics B.V.)
- Revlon, Inc. (MacAndrews & Forbes)
- Estee Lauder Companies, Inc.
- Oriflame Cosmetics AG
- Ralph Lauren Corporation
- Avon Products, Inc.
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Luxury Cosmetics Market, by Type
- 1.4.2 Global Luxury Cosmetics Market, by Product Type
- 1.4.3 Global Luxury Cosmetics Market, by Distribution Channel
- 1.4.4 Global Luxury Cosmetics Market, by End User
- 1.4.5 Global Luxury Cosmetics Market, by Geography
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Global Luxury Cosmetics Market by Type
- 3.1 Global Conventional Luxury Cosmetics Market by Region
- 3.2 Global Organic Luxury Cosmetics Market by Region
Chapter 4. Global Luxury Cosmetics Market by Product Type
- 4.1 Global Skincare Market by Region
- 4.2 Global Haircare Market by Region
- 4.3 Global Makeup Market by Region
- 4.4 Global Fragrances Market by Region
Chapter 5. Global Luxury Cosmetics Market by End User
- 5.1 Global Male Luxury Cosmetics Market by Region
- 5.2 Global Female Luxury Cosmetics Market by Region
Chapter 6. Global Luxury Cosmetics Market by Distribution Channel
- 6.1 Global E-commerce Luxury Cosmetics Market by Region
- 6.2 Global Supermarket/Hypermarket Market by Region
- 6.3 Global Specialty stores and Monobrand stores Market by Region
- 6.4 Global Other Distribution Channels Market by Region
Chapter 7. Global Luxury Cosmetics Market by Region
- 7.1 North America Luxury Cosmetics Market
- 7.1.1 North America Luxury Cosmetics Market by Type
- 7.1.1.1 North America Conventional Luxury Cosmetics Market by Country
- 7.1.1.2 North America Organic Luxury Cosmetics Market by Country
- 7.1.2 North America Luxury Cosmetics Market by Product Type
- 7.1.2.1 North America Skincare Market by Country
- 7.1.2.2 North America Haircare Market by Country
- 7.1.2.3 North America Makeup Market by Country
- 7.1.2.4 North America Fragrances Market by Country
- 7.1.3 North America Luxury Cosmetics Market by End User
- 7.1.3.1 North America Male Luxury Cosmetics Market by Country
- 7.1.3.2 North America Female Luxury Cosmetics Market by Country
- 7.1.4 North America Luxury Cosmetics Market by Distribution Channel
- 7.1.4.1 North America E-commerce Luxury Cosmetics Market by Country
- 7.1.4.2 North America Supermarket/Hypermarket Market by Country
- 7.1.4.3 North America Specialty stores and Monobrand stores Market by Country
- 7.1.4.4 North America Other Distribution Channels Market by Country
- 7.1.5 North America Luxury Cosmetics Market by Country
- 7.1.5.1 US Luxury Cosmetics Market
- 7.1.5.1.1 US Luxury Cosmetics Market by Type
- 7.1.5.1.2 US Luxury Cosmetics Market by Product Type
- 7.1.5.1.3 US Luxury Cosmetics Market by End User
- 7.1.5.1.4 US Luxury Cosmetics Market by Distribution Channel
- 7.1.5.2 Canada Luxury Cosmetics Market
- 7.1.5.2.1 Canada Luxury Cosmetics Market by Type
- 7.1.5.2.2 Canada Luxury Cosmetics Market by Product Type
- 7.1.5.2.3 Canada Luxury Cosmetics Market by End User
- 7.1.5.2.4 Canada Luxury Cosmetics Market by Distribution Channel
- 7.1.5.3 Mexico Luxury Cosmetics Market
- 7.1.5.3.1 Mexico Luxury Cosmetics Market by Type
- 7.1.5.3.2 Mexico Luxury Cosmetics Market by Product Type
- 7.1.5.3.3 Mexico Luxury Cosmetics Market by End User
- 7.1.5.3.4 Mexico Luxury Cosmetics Market by Distribution Channel
- 7.1.5.4 Rest of North America Luxury Cosmetics Market
- 7.1.5.4.1 Rest of North America Luxury Cosmetics Market by Type
- 7.1.5.4.2 Rest of North America Luxury Cosmetics Market by Product Type
- 7.1.5.4.3 Rest of North America Luxury Cosmetics Market by End User
- 7.1.5.4.4 Rest of North America Luxury Cosmetics Market by Distribution Channel
- 7.2 Europe Luxury Cosmetics Market
- 7.2.1 Europe Luxury Cosmetics Market by Type
- 7.2.1.1 Europe Conventional Luxury Cosmetics Market by Country
- 7.2.1.2 Europe Organic Luxury Cosmetics Market by Country
- 7.2.2 Europe Luxury Cosmetics Market by Product Type
- 7.2.2.1 Europe Skincare Market by Country
- 7.2.2.2 Europe Haircare Market by Country
- 7.2.2.3 Europe Makeup Market by Country
- 7.2.2.4 Europe Fragrances Market by Country
- 7.2.3 Europe Luxury Cosmetics Market by End User
- 7.2.3.1 Europe Male Luxury Cosmetics Market by Country
- 7.2.3.2 Europe Female Luxury Cosmetics Market by Country
- 7.2.4 Europe Luxury Cosmetics Market by Distribution Channel
- 7.2.4.1 Europe E-commerce Luxury Cosmetics Market by Country
- 7.2.4.2 Europe Supermarket/Hypermarket Market by Country
- 7.2.4.3 Europe Specialty stores and Monobrand stores Market by Country
- 7.2.4.4 Europe Other Distribution Channels Market by Country
- 7.2.5 Europe Luxury Cosmetics Market by Country
- 7.2.5.1 Germany Luxury Cosmetics Market
- 7.2.5.1.1 Germany Luxury Cosmetics Market by Type
- 7.2.5.1.2 Germany Luxury Cosmetics Market by Product Type
- 7.2.5.1.3 Germany Luxury Cosmetics Market by End User
- 7.2.5.1.4 Germany Luxury Cosmetics Market by Distribution Channel
- 7.2.5.2 UK Luxury Cosmetics Market
- 7.2.5.2.1 UK Luxury Cosmetics Market by Type
- 7.2.5.2.2 UK Luxury Cosmetics Market by Product Type
- 7.2.5.2.3 UK Luxury Cosmetics Market by End User
- 7.2.5.2.4 UK Luxury Cosmetics Market by Distribution Channel
- 7.2.5.3 France Luxury Cosmetics Market
- 7.2.5.3.1 France Luxury Cosmetics Market by Type
- 7.2.5.3.2 France Luxury Cosmetics Market by Product Type
- 7.2.5.3.3 France Luxury Cosmetics Market by End User
- 7.2.5.3.4 France Luxury Cosmetics Market by Distribution Channel
- 7.2.5.4 Russia Luxury Cosmetics Market
- 7.2.5.4.1 Russia Luxury Cosmetics Market by Type
- 7.2.5.4.2 Russia Luxury Cosmetics Market by Product Type
- 7.2.5.4.3 Russia Luxury Cosmetics Market by End User
- 7.2.5.4.4 Russia Luxury Cosmetics Market by Distribution Channel
- 7.2.5.5 Spain Luxury Cosmetics Market
- 7.2.5.5.1 Spain Luxury Cosmetics Market by Type
- 7.2.5.5.2 Spain Luxury Cosmetics Market by Product Type
- 7.2.5.5.3 Spain Luxury Cosmetics Market by End User
- 7.2.5.5.4 Spain Luxury Cosmetics Market by Distribution Channel
- 7.2.5.6 Italy Luxury Cosmetics Market
- 7.2.5.6.1 Italy Luxury Cosmetics Market by Type
- 7.2.5.6.2 Italy Luxury Cosmetics Market by Product Type
- 7.2.5.6.3 Italy Luxury Cosmetics Market by End User
- 7.2.5.6.4 Italy Luxury Cosmetics Market by Distribution Channel
- 7.2.5.7 Rest of Europe Luxury Cosmetics Market
- 7.2.5.7.1 Rest of Europe Luxury Cosmetics Market by Type
- 7.2.5.7.2 Rest of Europe Luxury Cosmetics Market by Product Type
- 7.2.5.7.3 Rest of Europe Luxury Cosmetics Market by End User
- 7.2.5.7.4 Rest of Europe Luxury Cosmetics Market by Distribution Channel
- 7.3 Asia Pacific Luxury Cosmetics Market
- 7.3.1 Asia Pacific Luxury Cosmetics Market by Type
- 7.3.1.1 Asia Pacific Conventional Luxury Cosmetics Market by Country
- 7.3.1.2 Asia Pacific Organic Luxury Cosmetics Market by Country
- 7.3.2 Asia Pacific Luxury Cosmetics Market by Product Type
- 7.3.2.1 Asia Pacific Skincare Market by Country
- 7.3.2.2 Asia Pacific Haircare Market by Country
- 7.3.2.3 Asia Pacific Makeup Market by Country
- 7.3.2.4 Asia Pacific Fragrances Market by Country
- 7.3.3 Asia Pacific Luxury Cosmetics Market by End User
- 7.3.3.1 Asia Pacific Male Luxury Cosmetics Market by Country
- 7.3.3.2 Asia Pacific Female Luxury Cosmetics Market by Country
- 7.3.4 Asia Pacific Luxury Cosmetics Market by Distribution Channel
- 7.3.4.1 Asia Pacific E-commerce Luxury Cosmetics Market by Country
- 7.3.4.2 Asia Pacific Supermarket/Hypermarket Market by Country
- 7.3.4.3 Asia Pacific Specialty stores and Monobrand stores Market by Country
- 7.3.4.4 Asia Pacific Other Distribution Channels Market by Country
- 7.3.5 Asia Pacific Luxury Cosmetics Market by Country
- 7.3.5.1 China Luxury Cosmetics Market
- 7.3.5.1.1 China Luxury Cosmetics Market by Type
- 7.3.5.1.2 China Luxury Cosmetics Market by Product Type
- 7.3.5.1.3 China Luxury Cosmetics Market by End User
- 7.3.5.1.4 China Luxury Cosmetics Market by Distribution Channel
- 7.3.5.2 Japan Luxury Cosmetics Market
- 7.3.5.2.1 Japan Luxury Cosmetics Market by Type
- 7.3.5.2.2 Japan Luxury Cosmetics Market by Product Type
- 7.3.5.2.3 Japan Luxury Cosmetics Market by End User
- 7.3.5.2.4 Japan Luxury Cosmetics Market by Distribution Channel
- 7.3.5.3 India Luxury Cosmetics Market
- 7.3.5.3.1 India Luxury Cosmetics Market by Type
- 7.3.5.3.2 India Luxury Cosmetics Market by Product Type
- 7.3.5.3.3 India Luxury Cosmetics Market by End User
- 7.3.5.3.4 India Luxury Cosmetics Market by Distribution Channel
- 7.3.5.4 South Korea Luxury Cosmetics Market
- 7.3.5.4.1 South Korea Luxury Cosmetics Market by Type
- 7.3.5.4.2 South Korea Luxury Cosmetics Market by Product Type
- 7.3.5.4.3 South Korea Luxury Cosmetics Market by End User
- 7.3.5.4.4 South Korea Luxury Cosmetics Market by Distribution Channel
- 7.3.5.5 Singapore Luxury Cosmetics Market
- 7.3.5.5.1 Singapore Luxury Cosmetics Market by Type
- 7.3.5.5.2 Singapore Luxury Cosmetics Market by Product Type
- 7.3.5.5.3 Singapore Luxury Cosmetics Market by End User
- 7.3.5.5.4 Singapore Luxury Cosmetics Market by Distribution Channel
- 7.3.5.6 Malaysia Luxury Cosmetics Market
- 7.3.5.6.1 Malaysia Luxury Cosmetics Market by Type
- 7.3.5.6.2 Malaysia Luxury Cosmetics Market by Product Type
- 7.3.5.6.3 Malaysia Luxury Cosmetics Market by End User
- 7.3.5.6.4 Malaysia Luxury Cosmetics Market by Distribution Channel
- 7.3.5.7 Rest of Asia Pacific Luxury Cosmetics Market
- 7.3.5.7.1 Rest of Asia Pacific Luxury Cosmetics Market by Type
- 7.3.5.7.2 Rest of Asia Pacific Luxury Cosmetics Market by Product Type
- 7.3.5.7.3 Rest of Asia Pacific Luxury Cosmetics Market by End User
- 7.3.5.7.4 Rest of Asia Pacific Luxury Cosmetics Market by Distribution Channel
- 7.4 LAMEA Luxury Cosmetics Market
- 7.4.1 LAMEA Luxury Cosmetics Market by Type
- 7.4.1.1 LAMEA Conventional Luxury Cosmetics Market by Country
- 7.4.1.2 LAMEA Organic Luxury Cosmetics Market by Country
- 7.4.2 LAMEA Luxury Cosmetics Market by Product Type
- 7.4.2.1 LAMEA Skincare Market by Country
- 7.4.2.2 LAMEA Haircare Market by Country
- 7.4.2.3 LAMEA Makeup Market by Country
- 7.4.2.4 LAMEA Fragrances Market by Country
- 7.4.3 LAMEA Luxury Cosmetics Market by End User
- 7.4.3.1 LAMEA Male Luxury Cosmetics Market by Country
- 7.4.3.2 LAMEA Female Luxury Cosmetics Market by Country
- 7.4.4 LAMEA Luxury Cosmetics Market by Distribution Channel
- 7.4.4.1 LAMEA E-commerce Luxury Cosmetics Market by Country
- 7.4.4.2 LAMEA Supermarket/Hypermarket Market by Country
- 7.4.4.3 LAMEA Specialty stores and Monobrand stores Market by Country
- 7.4.4.4 LAMEA Other Distribution Channels Market by Country
- 7.4.5 LAMEA Luxury Cosmetics Market by Country
- 7.4.5.1 Brazil Luxury Cosmetics Market
- 7.4.5.1.1 Brazil Luxury Cosmetics Market by Type
- 7.4.5.1.2 Brazil Luxury Cosmetics Market by Product Type
- 7.4.5.1.3 Brazil Luxury Cosmetics Market by End User
- 7.4.5.1.4 Brazil Luxury Cosmetics Market by Distribution Channel
- 7.4.5.2 Argentina Luxury Cosmetics Market
- 7.4.5.2.1 Argentina Luxury Cosmetics Market by Type
- 7.4.5.2.2 Argentina Luxury Cosmetics Market by Product Type
- 7.4.5.2.3 Argentina Luxury Cosmetics Market by End User
- 7.4.5.2.4 Argentina Luxury Cosmetics Market by Distribution Channel
- 7.4.5.3 UAE Luxury Cosmetics Market
- 7.4.5.3.1 UAE Luxury Cosmetics Market by Type
- 7.4.5.3.2 UAE Luxury Cosmetics Market by Product Type
- 7.4.5.3.3 UAE Luxury Cosmetics Market by End User
- 7.4.5.3.4 UAE Luxury Cosmetics Market by Distribution Channel
- 7.4.5.4 Saudi Arabia Luxury Cosmetics Market
- 7.4.5.4.1 Saudi Arabia Luxury Cosmetics Market by Type
- 7.4.5.4.2 Saudi Arabia Luxury Cosmetics Market by Product Type
- 7.4.5.4.3 Saudi Arabia Luxury Cosmetics Market by End User
- 7.4.5.4.4 Saudi Arabia Luxury Cosmetics Market by Distribution Channel
- 7.4.5.5 South Africa Luxury Cosmetics Market
- 7.4.5.5.1 South Africa Luxury Cosmetics Market by Type
- 7.4.5.5.2 South Africa Luxury Cosmetics Market by Product Type
- 7.4.5.5.3 South Africa Luxury Cosmetics Market by End User
- 7.4.5.5.4 South Africa Luxury Cosmetics Market by Distribution Channel
- 7.4.5.6 Nigeria Luxury Cosmetics Market
- 7.4.5.6.1 Nigeria Luxury Cosmetics Market by Type
- 7.4.5.6.2 Nigeria Luxury Cosmetics Market by Product Type
- 7.4.5.6.3 Nigeria Luxury Cosmetics Market by End User
- 7.4.5.6.4 Nigeria Luxury Cosmetics Market by Distribution Channel
- 7.4.5.7 Rest of LAMEA Luxury Cosmetics Market
- 7.4.5.7.1 Rest of LAMEA Luxury Cosmetics Market by Type
- 7.4.5.7.2 Rest of LAMEA Luxury Cosmetics Market by Product Type
- 7.4.5.7.3 Rest of LAMEA Luxury Cosmetics Market by End User
- 7.4.5.7.4 Rest of LAMEA Luxury Cosmetics Market by Distribution Channel
Chapter 8. Company Profiles
- 8.1 L'Oreal Group
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Collaborations, Partnerships and agreements:
- 8.1.5.2 Acquisition and mergers:
- 8.2 Shiseido Company Limited
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Regional Analysis
- 8.2.4 Recent strategies and developments:
- 8.2.4.1 Collaborations, Partnerships and agreements:
- 8.2.4.2 Acquisition and mergers:
- 8.3 LVMH SE (Christian Dior)
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.4 Puig SL
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Regional Analysis
- 8.4.4 Recent strategies and developments:
- 8.4.4.1 Collaborations, Partnerships and agreements:
- 8.5 Coty, Inc. (JAB Cosmetics B.V.)
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Collaborations, Partnerships and agreements:
- 8.6 Revlon, Inc. (MacAndrews & Forbes)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.7 Estee Lauder Companies, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Regional Analysis
- 8.7.4 Research & Development Expense
- 8.8 Oriflame Cosmetics AG
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental Analysis
- 8.8.4 Research & Development Expense
- 8.9 Ralph Lauren Corporation
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.1 Avon Products, Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
