Premium Cosmetics Market Inclined to Project Higher Revenue Share during 2019-2029
Verfasser: ashwani_kailiya on Friday, 31 January 2020The global premium cosmetics market is expected to grow at a CAGR of ~ 7 % by the end of the forecast period (2019-2029). Despite issues in global trade and worldwide economic uncertainties, the overall trajectory for the premium cosmetics market is largely positive. In the past few years, premium cosmetics brands have made substantial shifts in business strategy, which has been influenced by a number of factors including higher disposable incomes for the middle class, demand for high efficacy products, finances for women, and consciousness about aesthetics among men.
Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into. To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global premium cosmetics market. Some of the key players mentioned in the research report are
- The Procter & Gamble Company (P&G)
- Oriflame Holding A.G.
- Revlon Inc.
- Avon Products Inc.
In terms of type of product, the global premium cosmetics market can be segmented into: