2023 witnessed one of the most expensive acquisitions of a beauty and personal care brand in recent history as L'Oréal Groupe acquired Aesop for USD2.8 billion.
Across markets, consumers of premium beauty and personal care are getting younger. Buoyed by curiosity, they are looking to influencers and celebrities to inform their purchasing decisions, often without understanding their skin or hair needs before purchasing.
In 2022, high inflation rates in the UK placed downward pressure on consumer spending. This threatened the growth of premium beauty and personal care as consumers made cutbacks and were forced to trade down.
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Understand the latest market trends and future growth opportunities for the Premium Beauty and Personal Care industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Premium Beauty and Personal Care industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Premium Beauty and Personal Care
This is the aggregation of premium colour cosmetics, fragrances, deodorants, skin care, sun care, baby and child-specific products, bath and shower and hair care.
See All of Our DefinitionsThis report originates from Passport, our Premium Beauty and Personal Care research and analysis database.
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