The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieve the maximum value across all three different segments by the end of the comparison period. Notably, the segment Prestige Cosmetics stands out with the highest value of 214.56 million U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
Prestige Cosmetics & Fragrances are comprised of Prestige Skin Care, Fragrances and Decorative Cosmetics. Skin care products constitute the bulk of sales with roughly 50 percent of all sales revenues. With a high share of licensed designer and celebrity-themed products, prestige beauty products stand out from the other luxury segments covered here due to their relative affordability.
The overall market definition is aligned with the Consumer Market Insights Beauty and Personal Care Cosmetics market, while here only the super- and ultra-premium range is considered, and hair care, oral care and personal hygiene products are excluded. Likewise, professional products produced for hair salons or cosmetic parlors are not included. Covered are only product sales and no beauty services.
Structure:
The Prestige Cosmetics & Fragrances market is divided into 3 markets:
Prestige Cosmetics including decorative cosmetics like make-up, lipsticks and gloss, eyeshadow and mascara, nail polish and similar products.
Prestige Skin Care includes skin creams and lotions for face and body care, lip care products as well as hand and foot care products.
Prestige Fragrances includes perfumes and eaux de toilette. Not included are deodorants or room scents.
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.
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Statista. (October 1, 2024). Revenue of luxury beauty products in Thailand from 2019 to 2029, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved November 02, 2024, from https://www.statista.com/forecasts/1474544/thailand-revenue-of-prestige-beauty-and-personal-care-products-by-type
Statista. "Revenue of luxury beauty products in Thailand from 2019 to 2029, by type (in million U.S. dollars)." Chart. October 1, 2024. Statista. Accessed November 02, 2024. https://www.statista.com/forecasts/1474544/thailand-revenue-of-prestige-beauty-and-personal-care-products-by-type
Statista. (2024). Revenue of luxury beauty products in Thailand from 2019 to 2029, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 02, 2024. https://www.statista.com/forecasts/1474544/thailand-revenue-of-prestige-beauty-and-personal-care-products-by-type
Statista. "Revenue of Luxury Beauty Products in Thailand from 2019 to 2029, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 1 Oct 2024, https://www.statista.com/forecasts/1474544/thailand-revenue-of-prestige-beauty-and-personal-care-products-by-type
Statista, Revenue of luxury beauty products in Thailand from 2019 to 2029, by type (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1474544/thailand-revenue-of-prestige-beauty-and-personal-care-products-by-type (last visited November 02, 2024)
Revenue of luxury beauty products in Thailand from 2019 to 2029, by type (in million U.S. dollars) [Graph], Statista, October 1, 2024. [Online]. Available: https://www.statista.com/forecasts/1474544/thailand-revenue-of-prestige-beauty-and-personal-care-products-by-type