Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Cosmetics - NAFTA

NAFTA

In 2024, the revenue in the Prestige Cosmetics market within the NAFTA region is projected to reach US$6.14bn.
This market is anticipated to experience an annual growth rate of 2.62%, Compound Annual Growth Rate (CAGR) from 2024 to 2028.
Among all countries, in the United States leads in terms of revenue generation, with US$5,284m in 2024.
Considering the population size, the per person revenue is estimated to be US$12.04 in 2024.
In the NAFTA market, prestige cosmetics are experiencing a surge in demand driven by the increasing purchasing power and beauty-consciousness of Canadian consumers.

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

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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.