Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Cosmetics - Europe

Europe

In Europe, the revenue generated in the Prestige Cosmetics market is projected to reach €7.39bn in 2024.
It is anticipated that the market will experience an annual growth rate of 4.43% from 2024 to 2028 (CAGR).
When compared on a global scale, in the United States leads in terms of revenue, with €4,831m in 2024.
In Europe, the per person revenue in the Prestige Cosmetics market is estimated to be €8.76 in 2024.
In France, the prestige cosmetics market is dominated by luxury brands like Chanel and Dior, known for their timeless elegance and sophistication.

Key regions: Italy, Russia, United Kingdom, France, South Korea

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Methodology

The Prestige Cosmetics market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Prestige Cosmetics industry.