{"id":71528,"date":"2021-10-25T15:10:52","date_gmt":"2021-10-25T13:10:52","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=71528"},"modified":"2021-10-26T11:14:25","modified_gmt":"2021-10-26T09:14:25","slug":"the-luxury-cosmetics-market-is-expected-to-reach-58763-million-by-2030","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/the-luxury-cosmetics-market-is-expected-to-reach-58763-million-by-2030\/","title":{"rendered":"The luxury cosmetics market is expected to reach $58,763 million by 2030"},"content":{"rendered":"<h4>Market.biz&#8217;s report on the global luxury cosmetics market provides a brief overview of the industry&#8217;s future by 2030.<\/h4>\n<h4><!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p><strong>The Market.biz report<\/strong> provides a comprehensive and in-depth analysis of the luxury cosmetics market with figures from the year 2016 to the year 2020. Also included is a forecast analysis from 2021 to 2030.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>In 2020, the market was valued at $45,105 million<\/strong> and the report forecasts <strong>market growth by 2030 of $58,763 million, an increase of nearly 30%<\/strong>. The compound annual growth rate (CAGR) is estimated at 3% per annum.<\/p>\n<p>&nbsp;<\/p>\n<p>These figures cover the Asia-Pacific, Europe, North America, Middle East and Africa regions. They include luxury cosmetics players such as Nars, Lanc\u00f4me, Dior beaut\u00e9, Est\u00e9e Lauder, Chanel and L&#8217;Or\u00e9al.<\/p>\n<p>&nbsp;<\/p>\n<p>To take the example of <strong>L&#8217;Or\u00e9al<\/strong>, the group&#8217;s sales in the last six months were <strong>23.19 billion euros, up 18% like-for-like<\/strong>. Over two years, growth was 14.9% on a comparable basis in the third quarter compared to 2019. Asia and North America remain buoyant markets with +22.6% and +23.1% respectively, and we can see that e-commerce has a bright future ahead of it with an increase of over 29%.<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/en\/luxury-cosmetics-how-will-the-global-market-for-beauty-and-personal-care-products-evolve-between-2020-and-2025\/\">LUXURY COSMETICS: HOW WILL THE GLOBAL MARKET FOR BEAUTY AND PERSONAL CARE PRODUCTS EVOLVE BETWEEN 2020 AND 2025?<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Devon Abelman<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market.biz&#8217;s report on the global luxury cosmetics market provides a brief overview of the industry&#8217;s future by 2030.<\/p>\n","protected":false},"author":1,"featured_media":71558,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Market.biz&#039;s report on the global luxury cosmetics market provides a brief overview of the industry&#039;s future by 2030.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"cosmetic market,make up,beauty,cosmetic,luxury cosmetic market,luxury,l'Or\u00e9al,Chanel,Est\u00e9e Lauder,Market.biz,report","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-71528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/71528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=71528"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/71528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/71558"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=71528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=71528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=71528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}