Prestige Beauty Market Edition 2023 | Recent Developments and SWOT Analysis 2028

Prestige Beauty Market Value and CAGR

Prestige beauty refers to high-end, luxury beauty products typically sold in department stores, specialty stores, and online retailers. Examples of prestige beauty brands include Chanel, Estée Lauder, and L'Oréal Luxe. The market includes skincare, makeup, fragrances, and other beauty products that are marketed and sold at a premium price point.

The market is expected to grow at a compound annual growth rate (CAGR) of around **% from 2022 to 2028, reaching a value of approximately ** billion U.S. dollars by 2028.

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Growth

Another factor contributing to the growth of the prestige beauty market is the rise of e-commerce. Online sales have become an increasingly important channel for beauty brands, making it easier for consumers to access and purchase their favorite products from anywhere in the world.

Risks

The prestige beauty market has seen steady growth in recent years, with the global market size expected to reach $119.3 billion by 2024, according to a report by Technavio. This growth can be attributed to several factors, including increasing disposable income, a growing middle class in emerging markets, and the popularity of social media influencers promoting beauty products.

Prestige Beauty Market Keyplayers

•          L'Oreal
•          Estée Lauder
•          Shiseido
•          Coty
•          Chanel
•          LVMH
•          Unilever
•          Procter & Gamble
•          Revlon
•          Johnson & Johnson

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Prestige Beauty Market Segmentations

By Product Category

•          Skincare
•          Makeup
•          Fragrance
•          Haircare

By Demographics

•          Income levels
•          Ethnicities

By Geographical Regions

•          Consumer preferences
•         Purchasing behavior

Table of content

1. Market Background

1.1 Scope and Product Outlook

1.2 Executive Summary

1.3 Research Methodology

2. Strategic Recommendations

2.1 Incorporation of Naturally Derived Ingredients in Cosmetics

3. Global Prestige Beauty Market: Historic and Forecast (2018-2028)

3.2.1 Consumer Survey Insights

3.2.2 Country-Wise Comparative Market Analytics

3.3 Global Prestige Beauty Market: Dashboard 

3.4 Global Prestige Beauty Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)

3.5 Impact of COVID-19 on the Prestige Beauty Market

3.1 Impact Analysis of Macro Economic Factors on the Prestige Beauty Market

3.2 Global Prestige Beauty Market: Ecosystem Analysis

4. Global Prestige Beauty Market, Region Analysis

4.2 Regional Snapshot Toc Continue………………………..

4.1 Regional Coverage of the Study

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