The report on the Global Luxury Personal Care Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue and volume (USD MN/ Kilo Tons) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Luxury personal care market which is a fast moving market is driven by the e-commerce websites which offer wide range of products and ensure loyalty and deliver genuine products at doorstep to maintain supply chain. Due to which the sales of luxury personal care products are rapidly increasing. Luxury personal care products include skin and hair care products which are of high quality and give positive results. The trend of luxury spending on premium brand among consumers is increasing rapidly. Increasing awareness and consciousness of premium brands among consumers due to internet retailing consumers seem to be not compromising with the quality of products. Hence demand is increasing for a luxury product line of fragrances, skin & hair care by premium brands for men and women which offer long lasting perfumes and positive effect.
Drivers
- Continuous product innovations and anti-ageing products in luxury personal care.
- Online stores/shopping who offer low prices comparatively.
- Manufacturers are focusing on reduced pricing and localization strategy in second tier and third tier cities too.
- Store rationalization
Restraints
- Counterfeit products by low quality manufacturers is the biggest threat for big players in luxury personal care industry in countries like China and India.
- Threat from unrecognized manufacturers that contribute much of share to luxury personal care market.
Report includes a detailed analysis on value chain in order to provide a holistic view of the luxury personal care market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the luxury personal care industry, from raw material suppliers to end-users.
Porter’s five forces model has been used to depict the impact of various factors such as:
- Degree of competition
- Bargaining power of suppliers
- Threat of substitutes
- Bargaining power of buyers
- Threat of new entrants during the forecast period
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The global luxury personal care market has further been segmented based on types such as Fragrances, Premium Hair Care, Premium Skin Care, Premium Hand Care, Premium Sets/Kits, Premium makeup, Premium Baby and Child-Specific Products. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2020 to 2026. Each type has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
In terms of geography, the luxury personal care market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- Gucci
- Burberry Group plc.
- Louis Vuitton
- Mango
- Davidoff
- Calvin Klien
- Hugo Boss
- Prada
- Dior
- Cartier
- Johnson & Johnson
- ADEN + ANAIS
- Nosefrida
- Olay
- Neutrogena
- Unilever's Dove
- L'Oréal USA Inc.
- Luvion
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides Luxury personal care market's Mergers/acquisitions, Partnerships, Collaborations, New product lunches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Luxury Personal care Market by Type:
- Fragrances
- Luxury perfumes
- Luxury Deodorants
- Bath and Shower
- Premium Hair Care
- Premium Skin Care
- Premium Hand Care
- Premium Sets/Kits
- Premium Makeup
- Premium Baby and Child-Specific Products
Luxury Personal Care Market by End User:
Luxury Personal Care Market by Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Luxury Personal Care Market has been exhibited in detail in the following chapters -
Chapter 1 Luxury Personal Care Market Preface
Chapter 2 Executive Summary
Chapter 3 Luxury Personal Care Industry Analysis
Chapter 4 Luxury Personal Care Market Value Chain Analysis
Chapter 5 Luxury Personal Care Market Analysis By Type
Chapter 6 Luxury Personal Care Market Analysis By End User
Chapter 7 Luxury Personal Care Market Analysis By Geography
Chapter 8 Competitive Landscape Of Luxury Personal Care Companies
Chapter 9 Company Profiles Of Luxury Personal Care Industry
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.