What is Luxury Beauty Market Scope?
Luxury beauty is a great comfort, elegance, and more expensive beauty. The global luxury beauty market will help to boost the market due to rising inclination towards trendy lifestyle as well as the adoption of organic beauty products. Luxury beauty products including various beauty products such as skin care, body care, hair care, and other products.
The Luxury Beauty market study is being classified by Type (Facial Care, Body Care, Hair Care and Other) and major geographies with country level break-up. According to AMA, the Global Luxury Beauty market is expected to see growth rate of 5.0%
Analysts at AMA predicts that Vendors from United States and French will contribute to the maximum growth of Global Luxury Beauty market throughout the predicted period.
Loreal (France), P&G (United States), Estee Lauder (United States), Shiseido (Japan), Unilever (United Kingdom), LVMH (France), Chanel (France), PPG (United States), Amorepacific (South Korea) and Chantecaille (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are KAO (Japan) and Jahwa (China).
Analyst at AMA have segmented the market study of Global Luxury Beauty market by Type, Application and Region.
On the basis of geography, the market of Luxury Beauty has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
11th August 2018, Loreal (French personal care Company) has acquired Logocos Naturkosmetik AG, German natural beauty company for expansion of organic beauty market.
On 20th August 2018, Chanel a global leading provider of luxury beauty products has announced that they are going to launch its first-ever dedicated line of makeup for men.
New e-commerce regulation (which goes into effect on January 1) specifying that all daigou and online platforms must register with authorities and pay taxes.
Influencing Market Trend
- Adoption of Organic Luxury Product
- Online Availability of Products
- Increasing Buying Power of Consumers
- Inclination towards Trendy Lifestyle
- Increasing Awareness about Cosmetic Treatments
- Changing Consumer Preferences
Key Target Audience
Luxury Beauty Manufactures, Luxury Beauty Distributors/Retailors, Fashion and Modelling Industry, Private Research Industry, Government Research Industry and Other
Customization available in this Study:
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