“US Premium Cosmetics Market Research Report and Forecast 2023-2028” provides a deep and thorough evaluation of the premium cosmetics market in the United States on the basis of type (Skincare, Hair Care, Fragrances & Perfumes, Sun Care, Baby Care, Bath & Shower, others), category (Conventional, Organic, Vegan, others) and distribution channel (Supermarkets/Hypermarkets, Specialty Retailers, Convenience Stores, Online and others). Premium cosmetics are high-end beauty products that contain the finest ingredients, including natural plant extracts, moisturizing oils, and antioxidants. They are more expensive than regular cosmetics, but they can provide superior results in terms of coverage, longevity, color payoff, and skin care. They are generally free from harsh chemicals and preservatives, such as sulfates, which makes them a great choice for the users with sensitive skin. Additionally, they are typically sold through specialty and department stores, and online retailers. They are available in a wide range of formulas and shades, ranging from natural to bold looks, that are often accompanied by a vast array of tools and accessories, including brushes, sponges, and applicators. They can be used for everyday looks, special occasions, and even for professional makeup applications. Additionally, they are also available with instructional videos and tutorials to help make the application easier.
The escalating demand for natural cosmetics and wellness beauty products among the masses majorly drives the US market. This can be supported by the increasing prevalence of numerous skin-related concerns, such as acne, atopic dermatitis, and rosaceous, that encourage consumers to adopt high-quality and reliable cosmetic products. Coupled with this, consumers are rapidly inclining toward premium cosmetics due to the rising awareness regarding premium ingredients and their substantiated efficacy, which is acting as another growth-inducing factor. Apart from this, the growing focus on product diversification and the introduction of premium and gender-neutral cosmetics are significantly supporting the market. In addition to this, the easy access to social media and the penetration of high-speed internet connectivity are acting as significant factors for brand awareness, thus impacting the demand for premium cosmetics. Additionally, the advent of personalized premium cosmetic products and the escalating investments by leading manufacturers for developing new product lines to expand a company's reach are creating a positive market outlook. Some of the other factors driving the market further include rapid digitization, the flourishing e-commerce industry and inflating disposable income levels.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the US premium cosmetics market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends as well as pricing history. Growth inducing factors, market restraints and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry.
The report analyses the competitive structure of the US premium cosmetics industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the US premium cosmetics industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the US premium cosmetics industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the US premium cosmetics industry. Furthermore, the value chain analysis of the US premium cosmetics industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
US Premium Cosmetics Market Key Segments
By Type
By Category
By Distribution Channel
Key questions answered in the report include
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the premium cosmetics industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs and tables.
1 Introduction
1.1 Research Objectives
1.2 Stakeholders
1.3 Scope of the Report
1.4 Assumptions and Limitations
2. Research Methodology
2.1. Data Collection
2.1.1 Primary Sources
2.1.2 Secondary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Validation
3. Executive Summary
4. United States Premium cosmetics Market
4.1 Industry Overview
4.2 Key Industry Developments
4.3 Market Trends
4.3.1 Key Market Indicators
4.3.2 Historical Market Trends
4.3.3 Impact of COVID-19
4.3.4 Market Forecast
4.4 Price Analysis
4.4.1 Key Price Indicators
4.4.2 Pricing Structure
4.4.3 Historical Price Trends
4.4.4 Price Forecast
4.5 Market Breakup by Type
4.6 Market Breakup by Category
4.7 Market Breakup by Distribution Channel
5. United States Premium cosmetics Market: Value Chain Analysis
5.1 Overview
5.2 Research and Development
5.3 Raw Material Suppliers
5.4 Inbound Logistics
5.5 Production
5.6 Marketing
5.7 Outbound Logistics
5.8 Consumers
6. United State Premium cosmetics Market: SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7. United State Premium cosmetics Market: Porter’s Five Forces Analysis
7.1 Overview
7.2 Threat of New Entrants
7.3 Threat of Substitutes
7.4 Bargaining Power of Buyers
7.5 Bargaining Power of Suppliers
7.6 Intensity of Rivalry
8. Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Key Success Factors
9 Key Player Profiles
List of Figures
Figure 1: United States: Premium Cosmetics Market, 2017-2022
Figure 2: United States: Premium Cosmetics Market Forecast, 2023-2028
Figure 3: United States: Premium Cosmetics Market: Price Trends, 2017-2022
Figure 4: United States: Premium Cosmetics Market Forecast: Price Trends, 2023-2028
Figure 5: United States: Premium Cosmetics Market: Breakup by Type, 2022
Figure 6: United States: Premium Cosmetics Market for Skincare, 2017, 2022 & 2028
Figure 7: United States: Premium Cosmetics Market for Haircare, 2017, 2022 & 2028
Figure 8: United States: Premium Cosmetics Market for Fragrances & Perfumes, 2017, 2022 & 2028
Figure 9: United States: Premium Cosmetics Market for Sun care, 2017, 2022 & 2028
Figure 10: United States: Premium Cosmetics Market for Skincare, 2017, 2022 & 2028
Figure 11: United States: Premium Cosmetics Market for Baby Care, 2017, 2022 & 2028
Figure 12: United States: Premium Cosmetics Market for Bath & Shower, 2017, 2022 & 2028
Figure 13: United States: Premium Cosmetics Market for Others, 2017, 2022 & 2028
Figure 14 United States: Premium Cosmetics Market: Breakup by Category, 2022
Figure 15: United States: Premium Cosmetics Market for Conventional, 2017, 2022 & 2028
Figure 16: United States: Premium Cosmetics Market for Organic, 2017, 2022 & 2028
Figure 17: United States: Premium Cosmetics Market for Vegan, 2017, 2022 & 2028
Figure 18: United States: Premium Cosmetics Market for Others, 2017, 2022 & 2028
Figure 19 United States: Premium Cosmetics Market: Breakup by Distribution Channel, 2022
Figure 20: United States: Premium Cosmetics Market for Supermarkets/Hypermarkets, 2017, 2022 & 2028
Figure 21: United States: Premium Cosmetics Market for Specialty Retailers, 2017, 2022 & 2028
Figure 22: United States: Premium Cosmetics Market for Convenience Stores, 2017, 2022 & 2028
Figure 23: United States: Premium Cosmetics Market for Online, 2017, 2022 & 2028
Figure 24: United States: Premium Cosmetics Market for Others, 2017, 2022 & 2028
Figure 25: United States: Premium Cosmetics Industry: Value Chain Analysis
Figure 26: United States: Premium Cosmetics Industry: SWOT Analysis
Figure 27: United States: Premium Cosmetics Industry: Porter’s Five Forces Analysis
Figure 28: United States: Premium Cosmetics Market: Breakup by Key Players, 2022
List of Tables
Table 1: United States: Premium Cosmetics Industry: Market Summary
Table 2: United States: Premium Cosmetics Industry: Market Overview, 2022 and 2028
Table 3: United States: Premium Cosmetics Industry: Market Structure
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