What is High end Cosmetic?
High end cosmetic are products made with organic and premium-quality ingredients that are sold at a higher price than their drugstore counterparts. Cosmetic are divided into four categories, skincare, haircare, makeup, and fragrances. High-end makeup contains cleaner ingredients, fewer fillers, and a variety of shades to suit your skin's specific needs, and it may outperform its drugstore counterparts in terms of performance (less-expensive products that are similar to high-end versions).
|Unit||Value (USD Million)|
|Key Companies Profiled||L’Oréal (France), Unilever (United Kingdom), P&G (United States), Estée Lauder (United States), Shiseido (Japan), Beiersdorf (Germany), LVMH (France), Kao (Japan), Coty (United States) and Johnson & Johnson (United States)|
The study covers a detailed analysis segmented by key business segments i.e. by type (Skin Care, Hair Care, Make-Up and Others) , by application (Female, Male and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global High end Cosmetic market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this High end Cosmetic market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are L’Oréal (France), Unilever (United Kingdom), P&G (United States), Estée Lauder (United States), Shiseido (Japan), Beiersdorf (Germany), LVMH (France), Kao (Japan), Coty (United States) and Johnson & Johnson (United States).
On 30th May 2022, Unilever announced that it has signed an agreement to acquire a majority stake in Nutrafol, a leading provider of hair wellness products. Unilever currently holds a minority stake (13.2%) in Nutrafol through Unilever Ventures. Nutrafol is the dermatologist recommended hair growth brand in the U.S., and offers a range of clinically tested, physician-formulated products designed to address thinning hair and compromised hair health for women and men, at various life stages.
The Cosmetics Regulation's philosophy is that all products that meet the Regulation's requirements should have equal and immediate access to the market and should be able to circulate freely throughout the European Union. In the EU, it is widely held that an in-market control system is more effective than pre-market approval procedures for fast-moving consumer goods such as cosmetics. The key principle of the Cosmetics Regulation is that the person or company who places the cosmetic product on the market is responsible for the Responsible Person. It is the responsibility of that person or company to ensure that the product is safe and meets all of the Cosmetics Regulation requirements. The Cosmetics Regulation governs all stages of cosmetics product development, from ingredient selection to product placement on the market.
The research experts provide a comprehensive picture of the high-end cosmetic market, and our research focuses on assisting clients in developing effective marketing strategies to maximize income and keep up with the ever-changing market dynamics. The following industry research report for the high-end cosmetic market classifies the current drivers, trends, and restraints in the high-end cosmetic market. The upcoming research on the high-end cosmetic products market will provide clients with a comprehensive overview of the industry's upcoming events as well as insights into the rapidly shifting competitive landscape.
High end Cosmetic Market Dynamics:
- Increasing Number of Working Women’s
- Rising Demand for Cosmetic Products
- High Switching Rate from Cosmetic Product
- Brief Shelf Life of the High-end Cosmetics Market
|Road Blocks / Challenges|
- Implications for Regulation
- Stringent Government Taxation Policies for Cosmetic Products
|Gaps & Opportunities|
- Ease of Buying Due To Availability of Various Distribution Channels
Key highlights of the Global High end Cosmetic market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the High end Cosmetic market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global High end Cosmetic market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of High end Cosmetic Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global High end Cosmetic market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in High end Cosmetic market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, High end Cosmetic Manufacturer, High end Cosmetic Supplier & Distributor, Government Bodies, Research Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.