Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Cosmetics - United States

United States

In 2024, the revenue in the Prestige Cosmetics market in the United States amounted to a staggering €4.83bn.
This market is projected to experience an annual growth rate of 2.68% (CAGR 2024-2028).
It is important to note that when compared to other countries globally, in the United States generates the highest revenue in this segment, with a total of €4.83bn in 2024.
Additionally, when considering the population size, the per person revenue in 2024 reaches €14.13.
The United States is experiencing a surge in demand for high-end cosmetics, with prestige brands like Chanel and Dior leading the market.

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

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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.