The Latin America, Middle East and Africa Premium Cosmetics Market would witness market growth of 8.3% CAGR during the forecast period (2019-2025). Strong growth in premium cosmetics is powered by customization and personalization as well as new product announcements. The customization and personalization of fragrances and skincare products continue to play a pivotal role in premium segment market growth. The main buyers are spread among younger (18-34) higher-income customers. Buying across all ranges of cosmetics, including mascara, makeup, brow products, lipstick, and highlighter, has seen a decline in buying. The nail segment has also seen substantial declines in heavy buyers' purchases.
Extensive and the deep-rooted internet penetration along with a growing number of active users of social media platforms like Instagram, Facebook, Twitter, and Snapchat, help to raise awareness of Saudi Arabia's beauty and personal care routines and products by global standards. Social media influencers play an important role in explaining beauty and personal care products through tutorials and reviews. Beauty and personal care have experienced more coherent promotional campaigns, incited by intense competition between key players, and key distribution channels.
In addition, internet penetration that has led to the expansion of e-commerce has also embraced the expansion of the luxury cosmetics market, as it provides convenience, international reach and allows consumers to choose from a wide range of options at the same time. The accessibility of counterfeit products, however, is a major constraint on the global premium cosmetics market. The accelerating growth will provide immense growth opportunities to market participants. To make the most of the opportunities, cosmetics companies are focusing more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Premium Cosmetics Market in LAMEA is expected to register a CAGR of 8.3% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, Kao Corporation, Shiseido Company, Limited, Estee Lauder Companies, Inc., LVMH SE (Christian Dior), Revlon, Inc. (MacAndrews & Forbes), The Procter and Gamble Company, Coty, Inc. (JAB Cosmetics B.V.), Ralph Lauren Corporation, and Chanel S.A.
Scope of the Premium Cosmetics Market Analysis
Market Segmentation:
By Product
- Skincare
- Makeup
- Hair care
- Fragrance
- Other Premium Cosmetics
By Distribution Channel
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- L'Oreal Group
- Kao Corporation
- Shiseido Company, Limited
- Estee Lauder Companies, Inc.
- LVMH SE (Christian Dior)
- Revlon, Inc. (MacAndrews & Forbes)
- The Procter and Gamble Company
- Coty, Inc. (JAB Cosmetics B.V.)
- Ralph Lauren Corporation
- Chanel S.A.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Premium Cosmetics Market, by Product
1.4.2 LAMEA Premium Cosmetics Market, by Distribution Channel
1.4.3 LAMEA Premium Cosmetics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 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 KBV 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. LAMEA Premium Cosmetics Market by Product
4.1 LAMEA Skincare Market by Country
4.2 LAMEA Makeup Market by Country
4.3 LAMEA Haircare Market by Country
4.4 LAMEA Fragrance Market by Country
4.5 LAMEA Other Premium Cosmetics Market by Country
Chapter 5. LAMEA Premium Cosmetics Market by Distribution Channel
5.1 LAMEA Offline Market by Country
5.2 LAMEA Online Market by Country
Chapter 6. LAMEA Premium Cosmetics Market by Country
6.1 Brazil Premium Cosmetics Market
6.1.1 Brazil Premium Cosmetics Market by Product
6.1.2 Brazil Premium Cosmetics Market by Distribution Channel
6.2 Argentina Premium Cosmetics Market
6.2.1 Argentina Premium Cosmetics Market by Product
6.2.2 Argentina Premium Cosmetics Market by Distribution Channel
6.3 UAE Premium Cosmetics Market
6.3.1 UAE Premium Cosmetics Market by Product
6.3.2 UAE Premium Cosmetics Market by Distribution Channel
6.4 Saudi Arabia Premium Cosmetics Market
6.4.1 Saudi Arabia Premium Cosmetics Market by Product
6.4.2 Saudi Arabia Premium Cosmetics Market by Distribution Channel
6.5 South Africa Premium Cosmetics Market
6.5.1 South Africa Premium Cosmetics Market by Product
6.5.2 South Africa Premium Cosmetics Market by Distribution Channel
6.6 Nigeria Premium Cosmetics Market
6.6.1 Nigeria Premium Cosmetics Market by Product
6.6.2 Nigeria Premium Cosmetics Market by Distribution Channel
6.7 Rest of LAMEA Premium Cosmetics Market
6.7.1 Rest of LAMEA Premium Cosmetics Market by Product
6.7.2 Rest of LAMEA Premium Cosmetics Market by Distribution Channel
Chapter 7. Company Profiles
7.1 L'Oreal Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.5.2 Product Launches and Product Expansions:
7.2 Kao Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.2.5.2 Product Launches and Product Expansions:
7.3 Shiseido Company, Limited
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.4.2 Acquisition and Mergers:
7.4 Estee Lauder Companies, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.5.3 Product Launches and Product Expansions:
7.4.5.4 Geographical expansions:
7.5 LVMH SE (Christian Dior)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Product Launches and Product Expansions:
7.6 Revlon, Inc. (MacAndrews & Forbes)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Acquisition and Mergers:
7.6.5.2 Product Launches and Product Expansions:
7.7 The Procter and Gamble Company
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Acquisition and Mergers:
7.7.5.2 Partnerships, Collaborations, and Agreements:
7.7.5.3 Product Launches and Product Expansions:
7.8 Coty, Inc. (JAB Cosmetics B.V.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisition and Mergers:
7.8.5.3 Product Launches and Product Expansions:
7.9 Ralph Lauren Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Partnerships, Collaborations, and Agreements:
7.9.4.2 Product Launches and Product Expansions:
7.1 Chanel S.A.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
TABLE 1 LAMEA Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 2 LAMEA Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Premium Cosmetics Market
TABLE 4 Product Launches And Product Expansions– Premium Cosmetics Market
TABLE 5 Geographical Expansions– Premium Cosmetics Market
TABLE 6 Mergers & Acquisitions – Premium Cosmetics Market
TABLE 7 LAMEA Premium Cosmetics Market by Product , 2015 - 2018, USD Million
TABLE 8 LAMEA Premium Cosmetics Market by Product , 2019 - 2025, USD Million
TABLE 9 LAMEA Skincare Market by Country, 2015 - 2018, USD Million
TABLE 10 LAMEA Skincare Market by Country, 2019 - 2025, USD Million
TABLE 11 LAMEA Makeup Market by Country, 2015 - 2018, USD Million
TABLE 12 LAMEA Makeup Market by Country, 2019 - 2025, USD Million
TABLE 13 LAMEA Haircare Market by Country, 2015 - 2018, USD Million
TABLE 14 LAMEA Haircare Market by Country, 2019 - 2025, USD Million
TABLE 15 LAMEA Fragrance Market by Country, 2015 - 2018, USD Million
TABLE 16 LAMEA Fragrance Market by Country, 2019 - 2025, USD Million
TABLE 17 LAMEA Other Premium Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 18 LAMEA Other Premium Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 19 LAMEA Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 20 LAMEA Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 21 LAMEA Offline Market by Country, 2015 - 2018, USD Million
TABLE 22 LAMEA Offline Market by Country, 2019 - 2025, USD Million
TABLE 23 LAMEA Online Market by Country, 2015 - 2018, USD Million
TABLE 24 LAMEA Online Market by Country, 2019 - 2025, USD Million
TABLE 25 LAMEA Premium Cosmetics Market by Country, 2015 - 2018, USD Million
TABLE 26 LAMEA Premium Cosmetics Market by Country, 2019 - 2025, USD Million
TABLE 27 Brazil Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 28 Brazil Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 29 Brazil Premium Cosmetics Market by Product , 2015 - 2018, USD Million
TABLE 30 Brazil Premium Cosmetics Market by Product , 2019 - 2025, USD Million
TABLE 31 Brazil Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 32 Brazil Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 33 Argentina Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 34 Argentina Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 35 Argentina Premium Cosmetics Market by Product , 2015 - 2018, USD Million
TABLE 36 Argentina Premium Cosmetics Market by Product , 2019 - 2025, USD Million
TABLE 37 Argentina Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 38 Argentina Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 39 UAE Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 40 UAE Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 41 UAE Premium Cosmetics Market by Product , 2015 - 2018, USD Million
TABLE 42 UAE Premium Cosmetics Market by Product , 2019 - 2025, USD Million
TABLE 43 UAE Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 44 UAE Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 45 Saudi Arabia Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 46 Saudi Arabia Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 47 Saudi Arabia Premium Cosmetics Market by Product , 2015 - 2018, USD Million
TABLE 48 Saudi Arabia Premium Cosmetics Market by Product , 2019 - 2025, USD Million
TABLE 49 Saudi Arabia Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 50 Saudi Arabia Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 51 South Africa Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 52 South Africa Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 53 South Africa Premium Cosmetics Market by Product , 2015 - 2018, USD Million
TABLE 54 South Africa Premium Cosmetics Market by Product , 2019 - 2025, USD Million
TABLE 55 South Africa Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 56 South Africa Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 57 Nigeria Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 58 Nigeria Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 59 Nigeria Premium Cosmetics Market by Product, 2015 - 2018, USD Million
TABLE 60 Nigeria Premium Cosmetics Market by Product, 2019 - 2025, USD Million
TABLE 61 Nigeria Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 62 Nigeria Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 63 Rest of LAMEA Premium Cosmetics Market, 2015 - 2018, USD Million
TABLE 64 Rest of LAMEA Premium Cosmetics Market, 2019 - 2025, USD Million
TABLE 65 Rest of LAMEA Premium Cosmetics Market by Product , 2015 - 2018, USD Million
TABLE 66 Rest of LAMEA Premium Cosmetics Market by Product , 2019 - 2025, USD Million
TABLE 67 Rest of LAMEA Premium Cosmetics Market by Distribution Channel, 2015 - 2018, USD Million
TABLE 68 Rest of LAMEA Premium Cosmetics Market by Distribution Channel, 2019 - 2025, USD Million
TABLE 69 Key Information – L'Oreal Group
TABLE 70 key Information – Kao Corporation
TABLE 71 Key Information – Shiseido Company, Limited
TABLE 72 Key Information – Estee Lauder Companies, Inc.
TABLE 73 key Information – LVMH SE
TABLE 74 key Information – Revlon, Inc.
TABLE 75 Key Information – The Procter and Gamble Company
TABLE 76 key Information – Coty, Inc.
TABLE 77 key Information – Ralph Lauren Corporation
TABLE 78 Key Information – Chanel S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2015-2019)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020-Jan – 2016-Jun) Leading Players
FIG 5 Recent strategies and developments: Estee Lauder Companies, Inc.
FIG 6 Recent strategies and developments: Revlon, Inc. (MacAndrews & Forbes)
FIG 7 Recent strategies and developments: The Procter and Gamble Company
FIG 8 Recent strategies and developments: Coty, Inc. (JAB Cosmetics B.V.)