Premium Cosmetics Market Inclined to Project Higher Revenue Share during 2019-2029

Posted on 2020-01-31 by Mark Hub in Retail // 0 Comments

The global premium cosmetics market is expected to grow at a CAGR of ~ 7 % by the end of the forecast period (2019-2029). Despite issues in global trade and worldwide economic uncertainties, the overall trajectory for the premium cosmetics market is largely positive. In the past few years, premium cosmetics brands have made substantial shifts in business strategy, which has been influenced by a number of factors including higher disposable incomes for the middle class, demand for high efficacy products, finances for women, and consciousness about aesthetics among men.

Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into. To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global premium cosmetics market. Some of the key players mentioned in the research report are

- The Procter & Gamble Company (P&G)
- Oriflame Holding A.G.
- Revlon Inc.
- Avon Products Inc.

In terms of type of product, the global premium cosmetics market can be segmented into:

Skincare
Haircare
Makeup
Fragrance

The new report on the global premium cosmetics market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2014-2018. Major names in the premium cosmetics market include L’Oréal, Estee Lauder, Chanel, and Elizabeth Arden among others. The global market is largely oligopolistic. For most manufacturers, the focus at present is on the growing numbers in women workforce, rising economies, and the expanding middle class. Further, the growing demand for premium men’s cosmetics is also driving regional growth.

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The research report gives projections of different shares and opportunities, both in terms of projected value as well as volume (n units), of different fragments in the premium cosmetics market during the estimated timeframe of 2019-2029. The business knowledge study offers users with a granular analysis of key development elements, promising business avenues, and the overall dynamics of the vendor landscape of the global premium cosmetics market. 2014 is considered as the base year and 2029 as the estimation year.

To provide an in-detailed analysis of the potential opportunities, the research report takes into consideration of the several growth factors across different regional segments. The important geographical segments of the global premium cosmetics market are as follows:

North America (Canada, US)
Latin America (Argentina, Mexico)
Europe (NORDIC, UK)
Japan and MEA
APEJ (China, India)

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The detailed research report on the global premium cosmetics market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market. The report also offers an in-depth analysis of how the projected growth factors will shape the market dynamics in the coming years of the forecast period. Moreover, it also gives meaningful as well as actionable insights on the key trends that are developing the current market scenario and which will be lucrative for the future of the global premium cosmetics market.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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