Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Cosmetics - Central & Western Europe

Central & Western Europe

In the year 2024, the revenue generated in the Prestige Cosmetics market in Central & Western Europe amounts to US$5.08bn.
This market is projected to experience an annual growth rate of 4.68% from 2024 to 2028, as measured by the compound annual growth rate (CAGR).
When compared to other countries globally, in the United States leads in terms of revenue generation, with an expected revenue of US$5,284m in 2024.
Looking at the per capita figures, in 2024, each person in Central & Western Europe contributes US$15.15 to the revenue generated in the Prestige Cosmetics market.
In Central & Western Europe, France continues to dominate the prestige cosmetics market with its iconic brands and emphasis on luxury and elegance.

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

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The Prestige Cosmetics 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 industry.