Luxury Cosmetics Market to reach a market size of $75.5 billion by 2025

According to a new report ****** Luxury Cosmetics Market, published by KBV Research, the ****** Luxury Cosmetics Market size is expected to reach $75,524.5 million by 2025, rising at a market growth of 5.6% CAGR during the forecast period. The Europe market dominated the ****** Luxury Cosmetics Market by Region 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $24024.3 million by 2025, growing at a CAGR of 4.9 % during the forecast period. The Asia Pacific market is expected to witness a CAGR of 7.4% during (2019-2025). Additionally, the North America market is expected to witness a CAGR of 3.5% during (2019-2025).

The Conventional Luxury Cosmetics market captured the highest market share in ****** Luxury Cosmetics Market by Type 2018, and is expected to retain its dominance market till 2025, growing at a growth of 5% CAGR during the forecast period. The Organic Luxury Cosmetics market is predicted to experience a growth of 6.9% CAGR during (2019-2025

The Skincare market registered the largest revenue share to ****** Luxury Cosmetics Market by Product Type 2018, and would achieve a market value of $24,310.6 million by 2025. The Haircare market is estimated to witness a growth of 4.5% during (2019-2025). The

By End User, the Europe market dominated the ****** Female Luxury Cosmetics Market by Region 2018. The Asia Pacific market would exhibit a growth of 7.1% CAGR during (2019-2025). However, the North America market is expected to witness a growth rate of 3.1% CAGR during (2019-2025).

Full Report: https://www.kbvresearch.com/luxury-cosmetics-market/

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. The regional market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major market players expanding their reach in the ****** luxury cosmetics market are L’Oréal, Christian Dior, Shiseido Company, Limited, Puig, Coty Inc., Revlon, Inc., Kao Corporation, Oriflame Cosmetics AG, The Estée Lauder Companies Inc., and KOSé 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.

****** Luxury Cosmetics 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

Male

Female

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

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

L’Oréal 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.

Luxury Cosmetics Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

 

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