According to a new report LAMEA Luxury Cosmetics Market, published by KBV Research, the LAMEA Luxury Cosmetics Market would witness market growth of 7.1% growth rate during the forecast period (2019-2025).
The Conventional Luxury Cosmetics market dominated the LAMEA Luxury Cosmetics Market by Type 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $8353.8 million by 2025, growing at a CAGR of 6.5 % during the forecast period. The Organic Luxury Cosmetics market is expected to witness a CAGR of 8.5% during (2019 - 2025).
The Female market contributed the highest revenue share to the LAMEA Luxury Cosmetics Market by End User 2018, and would achieve a market value of $8,846.4 million by 2025, rising at a growth of 6.8% CAGR during the forecast period. The Male market is anticipated to witness highest growth of 8.1% CAGR during (2019 - 2025).
The Supermarket/Hypermarket market registered the largest market share in Brazil Luxury Cosmetics Market by Distribution Channel 2018, and is predicted to exhibit a growth of 5.4% CAGR during the forecast period. The E-commerce market is forecasted to experience a growth of 5.3% CAGR during (2019 - 2025). The Specialty stores and Monobrand stores market would grow at a growth of 7.3% during the forecast period.
Full Report:https://www.kbvresearch.com/lamea-luxury-cosmetics-market/
The Luxury Cosmetics market report has segmented the market on the basis of type, product type, end-user, distribution channel, and region. Organic and conventional products are covered in the type segment. The product type segment comprises skincare, makeup, haircare, and fragrances. On the basis of end-user, the market is categorized into males and females. The distribution channel segment includes e-commerce, specialty/mono-brand stores, supermarket/hypermarket, and others. The regional market is studied across Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
The major market players expanding their reach in the global luxury cosmetics market are L’Oréal, Christian Dior, Shiseido Company, Limited, Puig, Coty Inc., Revlon, Inc., Kao Corporation, Oriflame Cosmetics AG, The Estée Lauder Companies Inc., and KOSé Corporation. The market players are adopting progressive strategies to leverage the opportunities of the market. Companies are focusing on innovative strategies to compete in the market space.
By Type
By Product Type
By Distribution Channel
By End User
By Country
Companies Profiled
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