The LAMEA Luxury Cosmetics Market would witness market growth of 7.1% CAGR during the forecast period (2019-2025). 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 growing online retail and an emerging demand for organic personal care and cosmetic products show a strong potential for the market growth over the years to come. Multiple factors lie taxation and import duties might also obstruct the growth. And to overshadow such factors, new trends like halal cosmetics demand could boost the market for luxury cosmetics.
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.
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In the end-user segment, specialty and monobrand stores have the largest market share among all channels, as customers who buy luxury goods appreciate personal service and advice. Specialty stores give useful advice to clients, after-sales services, deals, sales and other similar strategies that make them extremely regarded by consumers. However, because of the ease of purchasing and comfort, e-commerce is the fastest-growing distribution channel.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
The major market players expanding their reach in the LAMEA 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.
Scope of the Luxury Cosmetics Market Analysis
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 Country
- 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.
TABLE 1 LAMEA Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 2 LAMEA Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 3 LAMEA Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 4 LAMEA Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 5 LAMEA Conventional Luxury Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 6 LAMEA Conventional Luxury Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 7 LAMEA Organic Luxury Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 8 LAMEA Organic Luxury Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 9 LAMEA Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 10 LAMEA Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 11 LAMEA Skincare Market by Country, 2015 - 2018, USD Million
TABLE 12 LAMEA Skincare Market by Country, 2019 - 2025, USD Million
TABLE 13 LAMEA Haircare Market by Country, 2015 - 2018, USD Million
TABLE 14 LAMEA Haircare Market by Country, 2019 - 2025, USD Million
TABLE 15 LAMEA Makeup Market by Country, 2015 - 2018, USD Million
TABLE 16 LAMEA Makeup Market by Country, 2019 - 2025, USD Million
TABLE 17 LAMEA Fragrances Market by Country, 2015 - 2018, USD Million
TABLE 18 LAMEA Fragrances Market by Country, 2019 - 2025, USD Million
TABLE 19 LAMEA Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 20 LAMEA Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 21 LAMEA Male Luxury Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 22 LAMEA Male Luxury Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 23 LAMEA Female Luxury Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 24 LAMEA Female Luxury Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 25 LAMEA Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 26 LAMEA Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 27 LAMEA E-commerce Luxury Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 28 LAMEA E-commerce Luxury Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 29 LAMEA Supermarket/Hypermarket Market by Country, 2015 - 2018, USD Million
TABLE 30 LAMEA Supermarket/Hypermarket Market by Country, 2019 - 2025, USD Million
TABLE 31 LAMEA Specialty stores and Monobrand stores Market by Country, 2015 - 2018, USD Million
TABLE 32 LAMEA Specialty stores and Monobrand stores Market by Country, 2019 - 2025, USD Million
TABLE 33 LAMEA Other Distribution Channels Market by Country, 2015 - 2018, USD Million
TABLE 34 LAMEA Other Distribution Channels Market by Country, 2019 - 2025, USD Million
TABLE 35 LAMEA Luxury Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 36 LAMEA Luxury Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 37 Brazil Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 38 Brazil Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 39 Brazil Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 40 Brazil Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 41 Brazil Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 42 Brazil Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 43 Brazil Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 44 Brazil Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 45 Brazil Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 46 Brazil Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 47 Argentina Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 48 Argentina Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 49 Argentina Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 50 Argentina Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 51 Argentina Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 52 Argentina Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 53 Argentina Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 54 Argentina Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 55 Argentina Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 56 Argentina Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 57 UAE Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 58 UAE Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 59 UAE Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 60 UAE Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 61 UAE Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 62 UAE Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 63 UAE Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 64 UAE Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 65 UAE Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 66 UAE Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 67 Saudi Arabia Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 68 Saudi Arabia Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 69 Saudi Arabia Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 70 Saudi Arabia Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 71 Saudi Arabia Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 72 Saudi Arabia Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 73 Saudi Arabia Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 74 Saudi Arabia Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 75 Saudi Arabia Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 76 Saudi Arabia Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 77 South Africa Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 78 South Africa Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 79 South Africa Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 80 South Africa Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 81 South Africa Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 82 South Africa Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 83 South Africa Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 84 South Africa Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 85 South Africa Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 86 South Africa Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 87 Nigeria Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 88 Nigeria Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 89 Nigeria Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 90 Nigeria Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 91 Nigeria Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 92 Nigeria Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 93 Nigeria Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 94 Nigeria Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 95 Nigeria Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 96 Nigeria Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 97 Rest of LAMEA Luxury Cosmetics Market, 2015 - 2018, USD Million
TABLE 98 Rest of LAMEA Luxury Cosmetics Market, 2019 - 2025, USD Million
TABLE 99 Rest of LAMEA Luxury Cosmetics Market by Type, 2015 - 2018, USD Million
TABLE 100 Rest of LAMEA Luxury Cosmetics Market by Type, 2019 - 2025, USD Million
TABLE 101 Rest of LAMEA Luxury Cosmetics Market by Product Type, 2015 - 2018, USD Million
TABLE 102 Rest of LAMEA Luxury Cosmetics Market by Product Type, 2019 - 2025, USD Million
TABLE 103 Rest of LAMEA Luxury Cosmetics Market by End User, 2015 - 2018, USD Million
TABLE 104 Rest of LAMEA Luxury Cosmetics Market by End User, 2019 - 2025, USD Million
TABLE 105 Rest of LAMEA Luxury Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 106 Rest of LAMEA Luxury Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 107 Key Information - L'Oreal Group
TABLE 108 Key Information - Shiseido Company Limited
TABLE 109 key Information - LVMH SE
TABLE 110 key Information - Puig SL
TABLE 111 key Information - Coty, Inc.
TABLE 112 key Information - Revlon, Inc.
TABLE 113 Key Information - Estee Lauder Companies, Inc.
TABLE 114 key Information - Oriflame Cosmetics AG
TABLE 115 key Information - Ralph Lauren Corporation
TABLE 116 Key Information - Avon Products, Inc.
List of Figures
FIG 1 Methodology for the research