Global: prestige skin care revenue 2019-2029

The global revenue in the 'Prestige Skin Care' segment of the luxury goods market was forecast to continuously increase between 2024 and 2029 by in total 4.2 billion U.S. dollars (+18.11 percent). After the sixth consecutive increasing year, the revenue is estimated to reach 27.38 billion U.S. dollars and therefore a new peak in 2029.

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Revenue of the prestige skin care industry worldwide 2019-2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Prestige Skin Care principally includes skin creams and lotions for face and body care, lip care products as well as hand and foot care products. The overall market definition is broadly aligned with the Skin Care market in the Consumer Market Insights Beauty and Personal Care market, while here only the super- and ultra-premium price range is considered. Professional products produced for cosmetic parlors are not included nor are beauty services.

Additional Information:

The shown market data are based on an analysis of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Sales by smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.

L’Óréal’s Luxe division (with brands such as Lancôme and Biotherm), Estée Lauder (Aramis, Clinique, MAC and other brands) and Shiseido’s Prestige division are the most important players in this field.

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