Singapore Luxury Cosmetics Market Size & Outlook, 2025-2033

Singapore Luxury Cosmetics Market Insights

Deep Market Insights analysis indicates that the Singapore Luxury Cosmetics Market size, valued at USD 242.5 Million in 2024, is expected to expand to USD 381.66 Million by 2033.
The Singapore market is forecasted to expand at a CAGR of 5.19% spanning 2025–2033.
Skincare held the leading position among Product segments in 2024, based on market size.
Color cosmetics is projected to post the fastest growth rate, sustaining its position as the most attractive Product segment during the forecast horizon.

Singapore contributed 0.43% to the global Luxury Cosmetics Market size in 2024.
By 2033, United States is forecasted to remain the largest global market for Luxury Cosmetics Market.
In Asia Pacific, China is projected to capture the leading share of market size by 2033.
Among Asia Pacific markets, Taiwan is expected to post the fastest growth, reaching USD 811.13 Million by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 242.5 Million
Market Size In 2033	USD 381.66 Million
Largest segment	Skincare
Units	Revenue in USD Million
CAGR	5.19% (2025-2033)
Segmnetation Covered
Product	Skincare Color cosmetics Fragrance
Price tier	Ultra-luxury Premium
Channel	Luxury retail Duty-free Online
Customer	Affluent consumers Gift buyers
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Product	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Skincare	XX.x	XX.x	XX.x	118.1	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Color cosmetics	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Fragrance	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Price tier	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Ultra-luxury	XX.x	XX.x	XX.x	133.71	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Premium	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Luxury retail	XX.x	XX.x	XX.x	113.3	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Duty-free	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Customer	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Affluent consumers	XX.x	XX.x	XX.x	155.64	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Gift buyers	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x