Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Skin Care - Asia

Asia

The Prestige Skin Care market in Asia is projected to generate a revenue of US$14.24bn in 2024.
According to forecasts, the market is expected to grow at an annual rate of 4.88% (CAGR 2024-2028).
In terms of global comparison, in Japan leads the market with a revenue of US$6,722m in 2024.
When considering the population figures, per person revenues of US$3.13 are anticipated in 2024.
In South Korea, the demand for luxury skin care products has soared due to the influence of K-beauty trends.

Key regions: Singapore, South Korea, Japan, United States, Russia

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Methodology

The Prestige Skin Care 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 Skin Care industry.