Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Cosmetics - G7

In 2024, the revenue in the Prestige Cosmetics market in G7 countries amounts to US$13.62bn.
It is projected that the market will experience an annual growth rate of 4.08% from 2024 to 2028 (CAGR 2024-2028).
When compared to other countries around Worldwide, in the United States leads the pack with a revenue of US$5,284m in 2024.
In terms of per capita income, in G7 countries generate a revenue of US$17.50 per person in 2024.
In the United States, the prestige cosmetics market is seeing a surge in demand for sustainable and clean beauty products.

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

Market

Region

Region comparison

Currency

Methodology

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.