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The global premium cosmetics market size grew from $119.49 billion in 2022 to $133.22 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%.
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Premium Cosmetics Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Premium Cosmetics Segments The Business Research Company segments it’s Premium Cosmetics report as: By Product Type Skin Care, Hair Care, Fragrances and Perfumes, Sun Care, Baby Care, Other Product Types Natural and Organic, Conventional By Nature By Gender Male, Female, Unisex By Distributional Channel Offline, Online
Market Statistics The global premium cosmetics market size grew from $119.49 billion in 2022 to $133.22 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The premium cosmetics market size is expected to grow to $187.45 billion in 2027 at a CAGR of 8.9%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The rising demand for natural cosmetics is expected to propel the growth of the premium cosmetics market going forward. Trends Product innovations have emerged as the key trend gaining popularity in the premium cosmetics market. • Region Asia-Pacific was the largest region in the premium cosmetics market in 2022. Asia-Pacific is epected to be the fastest growing region in the forecast period. The regions covered in the premium cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Key Market Players • Major players in the Premium Cosmetics are: • Avon Products Inc. • Chanel S.A. • Coty Inc. • KAO Corporation • L'Oréal S.A. • And more. Get More Information On The Premium Cosmetics Report
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