55 reports

The Global Luxury Cosmetics Market size is expected to reach $75.5 billion by 2025, rising at a market growth of 5.6% CAGR during the forecast period (2019-2025). Cosmetics products have become a routine part of humans to cleanse and enhance the physical features of their skin. Within the growing market of cosmetics, luxury products or luxury...

  • Luxury Cosmetics
  • World
  • Europe
  • APAC
  • Asia
  • Disposable Income

Luxury Cosmetics Market by Type (Organic and Conventional), Product Type (Skincare, Haircare, Makeup, and Fragrances), End User (Male and Female), and Distribution Channel (E-commerce, Supermarket/Hypermarket, Specialty Stores and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026 Cosmetics refer...

  • Cosmetics
  • Luxury Cosmetics
  • World
  • APAC
  • Disposable Income

Luxury Perfume Market by Price ($50-$100, $100-$200, and above $200), by End User (Male, Female, and Unisex) and Distribution Channel (Specialty Store and Online Store): Global Opportunity Analysis and Industry Forecast, 2019-2026 The luxury perfume market size was valued at $11.7 Bn in 2018 and is expected to reach...

  • Luxury Cosmetics
  • In-Store Retail
  • World
  • APAC
  • Disposable Income
  • Employment Rate

Sales of super premium beauty and personal care products fell in 2020 as a result of the pandemic, although the retail current value decline was far less acute than most other personal luxury categories, except luxury eyewear. The fall in sales was mainly caused by the closure of non-essential retail outlets and consumers’ slow return for...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • Switzerland
  • Luxury Goods Revenue
  • High Net Worth Individuals Number

Limited socialising, remote working, closure of non-essential stores and lingering price sensitivity are all negative factors influencing the weak performance of super premium beauty and personal care in South Africa in 2021, following double-digit declines the previous year. Limited inbound tourism was another negative factor, with domestic...

  • Personal Care
  • Luxury Cosmetics
  • South Africa
  • Luxury Goods Revenue
  • Disposable Income

Super premium beauty and personal care suffered a notable current value decline in 2020 due to COVID-19, although the fall in sales was not as strong as in other personal luxury goods categories, and a return to growth was seen in 2021. Sales did not return to the level seen in 2019, but the category is on a very good path to achieve this...

  • Personal Care
  • Luxury Cosmetics
  • Germany
  • Luxury Goods Revenue
  • Store Closures

Super premium fragrances has been amongst the categories to be affected most severely by the COVID-19 crisis. The significant reduction in social contact as work and study shifted to the home environment and restrictions were placed on the operations of venues such as bars and restaurants removed many typical occasions for wearing fragrances....

  • Personal Care
  • Luxury Cosmetics
  • Philippines
  • Luxury Goods Revenue
  • High Net Worth Individuals Number

In 2021, the number COVID-19 cases continued to surge, especially in the middle of the year, recording the highest number of cases in August. Although stores were open, consumers continued to spend more time at home for most of the year, refraining from unnecessary outings. Furthermore, travel restrictions continued to be implemented during...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • Japan
  • Luxury Goods Revenue
  • Tourist Arrivals

Like fine wines/champagne and spirits and premium and luxury cars, super premium beauty and personal care remained fairly resilient to the impact of COVID-19 in Canada. While sales declined in 2020, the rate was not as steep as for other luxury goods categories in the country as consumers largely maintained spending on skin care products driven...

  • Personal Care
  • Luxury Cosmetics
  • Canada
  • Luxury Goods Revenue
  • Disposable Income

Super premium beauty and personal care has seen enhanced sales in both 2020 (bar in the case of super premium colour cosmetics, the only sub-category in declines) and into 2021 (with all sub-categories seeing positive growth). This ongoing growth is driven by consumers’ reinforced interest in health, wellbeing and personal care, as well as...

  • Personal Care
  • Luxury Cosmetics
  • Sweden
  • Luxury Goods Revenue
  • In Store Sales

Super premium beauty and personal care saw positive results recovering from the impacts of the COVID-19 pandemic already in the second half of 2020. With a more controlled pace in the growth of contagion and deaths, the gradual resumption of social interactions has supported the growth of fragrances and gifts. If Brazilians traditionally cultivate...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • Brazil
  • Luxury Goods Revenue
  • High Net Worth Individuals Number

Super premium beauty and personal care fared better from the pandemic than other luxury goods and only registered a slight decline in value sales in 2020. There were several reasons for this. With international travel disputed and Ukrainian consumers unable to purchase super premium and personal care products overseas or through airport outlets,...

  • Personal Care
  • Luxury Cosmetics
  • Ukraine
  • Luxury Goods Revenue
  • High Net Worth Individuals Number

Super premium beauty and personal care in Malaysia was negatively affected by the country lockdown enforced between 18 March and 4 May 2020. During this time, non-essential retail stores were required to close, including standalone stores and department stores such as Isetan, Parkson and AEON. As a result, consumers could only access super...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • Malaysia
  • Luxury Goods Revenue
  • Tourist Arrivals

Super premium beauty and personal care saw a significant absolute value loss in 2020, due to home seclusion, the temporary closure of beauty specialist retailers and department stores, as well as tightened consumer spending as a result of job insecurity or unemployment. A return to growth was seen in 2021, although sales were unable to rebound...

  • Personal Care
  • Luxury Cosmetics
  • United States
  • Luxury Goods Revenue
  • Store Closures

In spite of the presence of the COVID-19 virus, super premium beauty and personal care will continue to perform well in 2021, only seeing a very slight drag on its growth in this year. With the Taiwanese government implementing a national lockdown in mid-2021, socialising in Taiwan was drastically reduced as consumers were spending more time...

  • Personal Care
  • Luxury Cosmetics
  • Taiwan
  • Luxury Goods Revenue
  • Tourist Arrivals

Super premium skin care fared better than other super premium beauty and personal care categories in 2020 and the first half of 2021, as some consumers developed dedicated skin care routines as a result of having more free time, as well as scrutinising their faces on Zoom calls, making them motivated to dedicate time to look after their skin...

  • Personal Care
  • Luxury Cosmetics
  • United Kingdom
  • Luxury Goods Revenue
  • Store Closures

In 2020, there were major restrictions on mobility in India as a result of the pandemic, resulting in local consumers spending prolonged periods of time at home. This has allowed them to follow extensive skin care routines, particularly as they were unable to visit beauty salons, which led to lower overall declines for super premium skin care...

  • Personal Care
  • Luxury Cosmetics
  • India
  • Luxury Goods Revenue
  • Disposable Income

Super premium beauty and personal care has fared better than most other categories in luxury goods since the onset of the pandemic. Nonetheless, retail current value sales declined by almost a fifth during 2020, with demand for super premium colour cosmetics and super premium fragrances particularly weak. Super Premium Beauty and Personal...

  • Personal Care
  • Luxury Cosmetics
  • Italy
  • Luxury Goods Revenue
  • Luxury Goods Consumption

As many retail stores had to close due to the COVID-19 pandemic, alternative channels grew significantly during 2020 and remained highly relevant in 2021 as they allowed brands to stay closer to consumers. With home seclusion continuing during the first semester in Argentina, many brands have invested in Artificial Intelligence (AI) such as...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • Argentina
  • Luxury Goods Revenue
  • Vaccination Coverage

Super premium beauty and personal care is largely sold through department stores and beauty specialist retailers in the Mexican market. Consumers of these products like to experience them first hand, and these outlets often provide clients with samples to try the products for suitability, as well as qualified consultants to help shoppers choose...

  • Personal Care
  • Luxury Cosmetics
  • Mexico
  • Luxury Goods Revenue
  • Online Retail Sales

In 2020, discretionary beauty, as offered by fragrances, colour cosmetics, and high-end skin care, witnessed current value sales declines. The category particularly suffered from the COVID-19 outbreak as lower consumer confidence, home seclusion and reduced mobility led to a slump in demand for these products. Premium Beauty and Personal...

  • Personal Care
  • Luxury Cosmetics
  • Germany
  • Personal Care Revenue
  • Store Closures

With border closures severely impacting super premium beauty and personal care in 2020, due to a lack of tourists, retailers and brand owners invested significantly in experiential marketing, both online and in-store, to engage with local consumers. During most of the second half of 2020 and the first half of 2021, retailers invested in better...

  • Personal Care
  • Luxury Cosmetics
  • Australia
  • Luxury Goods Revenue
  • Store Closures

Super premium beauty and personal care witnessed dynamic double-digit current value growth in 2020, which demonstrated the category’s strong resilience against COVID-19. However, growth was lower than in previous years due to the pandemic, and the category is expected to return to a stronger rate of increase in 2021. The increasing move towards...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • China
  • Luxury Goods Revenue
  • Disposable Income

After the double-digits decline of the category in 2020, players expected a strong recovery for sales of super premium beauty and personal care in 2021. Although the category will post small growth in 2021, the major recovery will not really appear. In fact, the value growth expected in 2021 will be less than the increase of French GDP in...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • France
  • Luxury Goods Revenue
  • High Net Worth Individuals Number

In 2021, the make-up trend moved towards indoor make-up while there was also a strong trend among women to avoid wearing make-up entirely given that many were still required to work from home. New product launches focused on offering multiple benefits with packaging continuing to play an important role in the appeal of these products by emphasising...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • Thailand
  • Luxury Goods Revenue
  • Luxury Goods Consumption

As the United Arab Emirates opened its doors to host Expo 2020 in October 2021, during which vaccination rates in the country had reached over 90%, many corporate exhibitions and events have resumed alongside social occasions. Super Premium Beauty and Personal Care in United Arab Emirates report offers a comprehensive guide to the size...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • United Arab Emirates
  • Luxury Goods Revenue
  • Store Openings

Retail current value sales of super premium beauty and personal care declined by almost a fifth during 2020 and exhibited only a sluggish recovery in 2021. The economic shock of the pandemic had a significant negative effect on consumer confidence, which led many local consumers to trade down from super premium beauty and personal care to...

  • Luxury Goods
  • Personal Care
  • Luxury Cosmetics
  • Spain
  • Luxury Goods Revenue
  • High Net Worth Individuals Number

Prior to the pandemic, beauty and personal care sales have been traditionally driven by the premium segment in Ireland. The impact of COVID-19 and the resulting focus on hygiene and essential items has led to invert the categories’ performances, with the premium category underperforming the overall mass segment for the first time in 2020 since...

  • Personal Care
  • Luxury Cosmetics
  • Ireland
  • Personal Care Revenue
  • Store Closures

Despite the ongoing growing interest in premium beauty and personal care products in Switzerland, driven by growing demand in natural and ethical products, the impact of COVID-19 on premium products was severe in 2020. This led to premium beauty and personal care recording a value decline of 6% for the year, compared to growth of 1% in 2019. Premium...

  • Personal Care
  • Luxury Cosmetics
  • Switzerland
  • Personal Care Revenue
  • Gross Domestic Product Per Capita

The measures taken to contain the spread of COVID-19 have not only forced consumers to reassess their personal hygiene routines, but it has also caused many households to reign in their spending. Many people in Austria are concerned about the economic impact of the COVID-19 pandemic with many businesses struggling to survive, while there is...

  • Personal Care
  • Luxury Cosmetics
  • Austria
  • Personal Care Revenue
  • Health Provider Density