Prestige Cosmetics & Fragrances - Japan

  • Japan
  • In the year 2024, the revenue in the Prestige Cosmetics & Fragrances market in Japan amounts to ¥US$11.17bn.
  • This market is projected to experience an annual growth rate of 5.26% between 2024 and 2028, as per the compound annual growth rate (CAGR).
  • When compared globally, in the United States generates the highest revenue in this segment, amounting to ¥US$13,080m in 2024.
  • Considering the total population figures, the per person revenue generated in Japan in 2024 is ¥US$91.13.
  • Japan's love for high-quality and luxurious beauty products has made it a thriving market for prestige cosmetics and fragrances.

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.

Overview

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