The global premium cosmetics market share is expected to grow at a higher growth rate supported by positive influencing of the fashion sector on this market. Technological strides are resulting in improved product quality, which is also adding fuel to the growth of this market. Increasing demand for specialty effective ingredients containing cosmetics is further projected to increase the sale of the product.

All these factors will contribute to the estimated CAGR of 3.5% of premium cosmetics market during the forecast period 2017-2023.

Based on type, skin care based premium cosmetics dominates the market based on high consumer end demand for skin-based products. However, changing cosmetics trends and increasing promotions for cosmetics and personal care products for babies will affect the sale of baby care cosmetics positively. Furthermore, based on the category, conventional premium cosmetics dominates the market owing to high production capacity and less consumers’ awareness about other available substitutes.

Additionally, store-based sale of premium cosmetics dominates the distribution channel owning to consumers’ preferred shopping experience.

Rising sale of premium cosmetics is driven majorly by developing economy and rising disposable income. Product recall created among the consumers based on product promotions by famous celebrities is influencing the growth of this market positively. Premium cosmetics show instant results on the skin and show comparatively less side effects, which is one of the major factors driving this market. The production and the consumption of premium cosmetics is high in North America and is projected to increase at a growth rate in various countries of Europe and Asia Pacific over the given forecast period.

Access Full Report @ https://www.marketresearchfuture.com/reports/premium-cosmetics-market-4435

The key players in the Premium Cosmetics Market are

Coty, Inc. (U.S.)

Estée Lauder Companies Inc. (U.S.)

Chanel S.A. (France)

L'Oréal S.A. (France)

LVMH Moët Hennessy Louis Vuitton SE (France)

Shiseido Co., Ltd. (Japan)

Kao Corporation (Japan)

Premium cosmetics manufacturers across various regions are following the strategy of product innovations and increased focus on R & D to penetrate the global market and to meet the growing demand for the product. Enhancement of the product quality and increasing production of vegan and organic products will further attract the consumers to choose from various available options from premium cosmetics. In North America, the U.S. dominates premium cosmetics market and exports the product to various other countries, which include Canada, the U.K., China, Australia, and others.

The global premium cosmetics market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America holds a major market share followed by Europe. High demand for premium cosmetics from the developed countries of these regions is contributing to the growth of the premium cosmetics market. The U.S., China, the U.K., Germany and Singapore are the major importers of premium cosmetics. Developed trading channels and high demand for healthy food are also driving the growth of the market in these countries.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

23 May 2019, The global freckle cosmetics market is likely to grow at a significant CAGR during the forecast period. Freckle cosmetics are gaining significant attention in the past few years thanks to the rise of glamour and fashion industry. The market has been witnessing a rising curve mainly due to shift in consumer preference for advanced skin whitening products.

The raw material used in the making of skin whitening products are prepared under dermatologist supervision with more cosmetic formulas. Active agents that alleviate the skin tone are synthetic or natural substances and may contain various levels of melanogenesis. In order to treat various skin pigmentation disorders, a skin whitening agent or freckle cosmetic is highly preferred.

Get Sample Copy of this Report @

https://www.millioninsights.com/industry-reports/freckle-cosmetics-market/request-sample

Freckle cosmetics market is driven by rising public interest in skin whitening and enhancement. In addition, consumer demands for skin whitening cosmetics stimulate the market growth. On the other hand, use of organic ingredients in preparation of nutritional cosmetics is gaining a higher traction.

Freckle cosmetics industry is segmented by product as cream and facial mask. Facial mask products are likely to enjoy a significant market share due to enlarged demands. By distribution channel, the market segmentation comprises hypermarket & supermarket, speciality stores, online-cell and convenience stores.

Geographical segmentation for the market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market account for a higher market share during the forecast period due to the rise in demand for nutrition cosmetics. In addition, use of functional dietary ingredients in cosmetic products contributes to the market growth.

Asia-Pacific’s market is more likely to encounter a higher CAGR during the forecast period due to enlarged demand by consumers for skin whitening products. Moreover, the market witnesses product innovation on an industry level mainly responsible for attracting investors for funding. The key players profiled in the freckle cosmetics market report are EsteeLauder, Lancome, L’Oreal, SK-II, OLAY, INOHERB, Clinique, Vichy, INOHERB and Ponds.

Browse Related Category Market Reports @

https://www.millioninsights.com/industry/personal-care-products