Prestige Cosmetics & Fragrances - Worldwide

  • Worldwide
  • In 2024, the revenue in the Prestige Cosmetics & Fragrances market worldwide amounts to €69.25bn.
  • Looking ahead, the market is projected to experience an annual growth rate of 4.02% from 2024 to 2028 (CAGR 2024-2028).
  • When compared on a global scale, in the United States stands out as the top revenue generator in this segment, with €12,130m in 2024.
  • In terms of per capita figures, in 2024, each person contributes €8.94 to the total revenue in this segment worldwide.
  • In the United States, the prestige cosmetics and fragrances market is experiencing a surge in demand for organic and sustainable products.

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

 
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Analyst Opinion

Licenses from established fashion brands are an important sales driver in cosmetics, especially fragrances. Coty, for instance, holds licenses for Burberry, Calvin Klein, Gucci, Hugo Boss, and Balenciaga, among others, while Estée Lauder currently licenses Ermenegildo Zegna, Michael Kors, Tommy Hilfiger, and Tory Burch, and L’Oréal markets cosmetics and fragrances under the Armani, Yves Saint Laurent, and Valentino brands.

Methodology

The Prestige Cosmetics & Fragrances 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 & Fragrances industry.

Visión general

  • Revenue
  • Key Players
  • Analyst Opinion
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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