Market Insights Consumer Luxury Goods Prestige Cosmetics & Fragrances

Prestige Cosmetics - Southern Europe

Southern Europe

In Southern Europe, the revenue in the Prestige Cosmetics market for the year 2024 is estimated to reach US$1.69bn.
It is projected that this market will experience an annual growth rate of 4.04% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States leads the market with a revenue of US$5,284m in 2024.
Taking into account the population, the per person revenue in Southern Europe is expected to be US$7.14 in 2024.
In Southern Europe, the prestige cosmetics market in Italy is thriving with a strong emphasis on luxury and high-end brands.

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.