Global Premium Beauty & Personal Care Products Market: Analysis of Key Trends and Drivers Shaping Future Growth until the End of 2022

Dublin 2, Ireland, 2018-May-09 — /EPR Network/ — As per the current market trends and the promising nature of the premium beauty & personal care products market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Fact.MR would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during the period “2017 to 2022”, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.

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Premium beauty & personal care products can be defined as personal care and beautification goods that are available at premium prices. These products are directed to appeal to upscale consumer communities, and hence they are not available at affordable prices. Consumers use premium beauty & personal care products in their daily routines to maintain an attractive physical appearance and personal hygiene.

Beauty & personal care products have become a common commodity, compelling manufacturers to render exclusivity to their product lines. A majority of these products are now available at premium prices, citing the rising influence of upscale communities and high-spending consumer base in the consumer goods industry. Diversity in disposable incomes of consumers is a determinative factor for sales of premium beauty & personal care products. Companies are actively partnering with research institutes to develop new formulations and offer a select range of products to their customers. The global market for premium beauty & personal care products will continue to incur transformation with advent of new offerings, and will also witness active participation from local players.

Fact.MR predicts that in 2017, premium beauty & personal care products sold across the globe will bring in revenues worth US$ 111 Bn. This multi-billion dollar market will continue to soar, but at a steady pace, reflecting at a steady CAGR during the forecast period.

Growing Skin Care Awareness to Drive the Market

Consumers from the effluent societies will continue to pay heed to their physical appearance, particularly due to their proximity in media & entertainment businesses. Skin care continues to be among top-selling product segments in the global premium beauty & personal care products market. With instable atmospheric environments and rising carbon emissions, common skin problems are expected to witness a rise in terms of incidence. Using premium skin care products is observed to be the most feasible option for consumers. In fact, application or dosage of skin care products is also serving to be a preventive measure against complicated skin disorders such as warts.

According to the report findings, the global market for premium beauty & personal care products will witness significant dominance of skin care products. In 2017, around one-third of premium beauty & personal care products sold in the world will fall under the skin care segment.

E-Commerce – Promising Sales Outlet

While analysing the sales of premium beauty & personal care products in the global market, the report predicts that e-commerce websites will turn out to be bankable sales outlets in the future. Consumer demographics associated with maximum sales of premium beauty & personal care products are expected to remain more inclined towards online purchases. In addition to this, transparent payment options and product return policies will build trustful rapport among customers and manufacturers, and thereby boost the penetration of e-commerce sales in the global premium beauty & personal care products market.

While e-commerce will be observed as a promising and emerging sales channel in the global market, a majority of premium beauty & personal care products will be sold through hypermarkets and supermarkets. The report clearly projects that hypermarkets will be the largest sales channel for premium beauty & personal care products through 2022, accounting for more than US$ 58 Bn worth of global revenues.

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Competition Tracking

The report further monitors recent and influential undercurrent in the competitive landscape of global premium beauty & personal care products market. With advancements in production technology, manufacturers are expected to adopt the use of organic materials and boost the presence of “eco-friendly” labels in their product portfolio. Companies such as Unilever, Loreal Group, The Estée Lauder Companies Inc., Kao Corporation, Beiersdorf AG, Avon, Procter and Gamble, Shiseido, Mary Kay and Revlon are observed to remain leading players in the global market for premium beauty & personal care products.

Table of Content

Chapter 1. Global Premium Beauty and Personal Care Market – Executive Summary. 22

Chapter 2. Global Premium Beauty and Personal Care Market Overview. 24
2.1. Introduction. 24
2.1.1. Global Premium Beauty and Personal Care Market Taxonomy. 24
2.1.2. Global Premium Beauty and Personal Care Market Definition. 24
2.2. Global Premium Beauty and Personal Care Market Size (US$ Mn) and Forecast, 2012-2022. 24
2.2.1. Global Premium Beauty and Personal Care Market Y-o-Y Growth. 24
2.3. Global Premium Beauty and Personal Care Market Dynamics. 25
2.3.1. Drivers. 25
2.3.2. Restraints. 25
2.3.3. Trends. 26
2.4. Supply Chain. 26
2.5. Cost Structure. 26
2.6. Pricing Analysis. 26
2.7. Raw Material Sourcing Strategy and Analysis. 26
2.8. List of Distributors. 27
2.9. Key Participants Market Presence (Intensity Map) By Region. 27

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