The analysts forecast the Global Premium Cosmetics Market to grow at a CAGR of 5.32% during the period 2018-2022.
Premium cosmetics include skincare products, fragrances, color cosmetics, hair care products, sun care products, deodorants, baby care products, and bath products. Different product segments are offered at various prices.
The report covers the present scenario and the growth prospects of the premium cosmetics market. To calculate the market size, the report considers the revenue generated from the sales of various premium cosmetic product segments.
The advent of multifunctional cosmetics will be a key trend for market growth. Consumers are steadily demanding for multifunctional premium cosmetics as these products provide varied benefits and functions in a single product. These multifunctional products are priced higher than cosmetic products as they save the consumer's time and money..
The increased demand for premium skincare products will drive the market growth. Selected manufacturers in the market are providing innovative, professional treatments to their customers. Consequently, these manufacturers are offering costly premium products to cater to the growing skincare requirements.
The report states that the availability of counterfeit brands will impact the market growth. Market operations are impacted by the presence of several counterfeit premium cosmetic products that are available at low prices. These counterfeit products are similar to genuine products, due to which, consumers are unable to differentiate among the counterfeit products.
- Este Lauder
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Distribution Channel
8: Market Segmentation By Product
9: Customer Landscape
10: Regional Landscape
11: Decision Framework
12: Drivers And Challenges
13: Market Trends
14: Vendor Landscape
15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/n68nq3/global_premium?w=4