DUBLIN--(BUSINESS WIRE)--The "North America Premium Cosmetics Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering.
The North America Premium Cosmetics Market is expected to witness market growth of 7% CAGR during the forecast period (2019-2025).
In recent years, the Premium Cosmetic and Beauty Product Manufacturing industry in Canada experienced strong growth in the production of widely accepted and necessary personal care products such as shampoos and lotions. Revenue growth has been determined by supply from wholesalers and distributors, eventually motivated by consumer spending, tastes, and choices. In the past few years, increasing rates of disposable income have urged customers to actively buy high-end luxury goods from the industry. As a result, market revenue is estimated to rise exponentially over the forecast period.
The increased awareness of premium ingredients and their significant impact on the skin is changing consumer preference from conventional or mass-produced cosmetics to premium cosmetics. The preference for premium cosmetics for concerns like acne, age spots, and pigmentation is anticipated to work well for market growth.
The accelerated demand for anti-aging products and long-lasting makeup promotes the growth of the premium cosmetics market. Increased consumer preference for mini-sized cosmetic products is also bolstering demand. Growing demand for men's cosmetics is also serving as one of the main drivers of growth on the market. Increased product diversification, such as gender-neutral and men's luxury cosmetics, is also gaining more popularity. Growth in the men's grooming industry is also boosting demand for men's premium cosmetics. This trend is also expected to create growth opportunities for brands that primarily produce men's cosmetics.
Based on Product, the market is segmented into Skincare, Makeup, Hair care, Fragrance, and Other Premium Cosmetics. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.4.1 North America Premium Cosmetics Market, by Product
1.4.2 North America Premium Cosmetics Market, by Distribution Channel
1.4.3 North America Premium Cosmetics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2020-Jan - 2016-Jun) Leading Players
Chapter 4. North America Premium Cosmetics Market by Product
4.1 North America Skincare Market by Country
4.2 North America Makeup Market by Country
4.3 North America Haircare Market by Country
4.4 North America Fragrance Market by Country
4.5 North America Other Premium Cosmetics Market by Country
Chapter 5. North America Premium Cosmetics Market by Distribution Channel
5.1 North America Offline Market by Country
5.2 North America Online Market by Country
Chapter 6. North America Premium Cosmetics Market by Country
6.1 USA Premium Cosmetics Market
6.2 Canada Premium Cosmetics Market
6.3 Mexico Premium Cosmetics Market
6.4 Rest of North America Premium Cosmetics Market
Chapter 7. Company Profiles
7.1 L'Oreal Group
7.2 Kao Corporation
7.3 Shiseido Company, Limited
7.4 Estee Lauder Companies, Inc.
7.5 LVMH SE (Christian Dior)
7.6 Revlon, Inc. (MacAndrews & Forbes)
7.7 The Procter and Gamble Company
7.8 Coty, Inc. (JAB Cosmetics B.V.)
7.9 Ralph Lauren Corporation
7.10 Chanel S.A.
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