In the first half of 2018, the Argentinian economy was beginning to show signs of recovery, with a slight improvement in real wages, and most of the beauty and personal care categories registered growth in retail volume sales. However, the situation changed dramatically following an exchange rate crisis in the middle of the year. The currency...
Opportunities in the Western Europe Skincare Sector: Analysis of Opportunities Offered by High-Growth Economies Summary The Western Europe skincare market was valued at US$23,858.9 million in 2018 with a value share of 18.4% in the global skincare market in 2018, and is forecast to record growth...
Beauty and personal care performed well in 2018, in part due to the city’s wider accessibility to Mainland Chinese tourists via the Hong Kong-Zhuhai-Macau Bridge and the Hong Kong high-speed rail link to the mainland. Despite both only opening in the last quarter of 2018, the number of tourists to Hong Kong rose, with such tourists attracted...
Skin care drove growth in beauty and personal care during 2018, as it took over the role of the “trendy” category from colour cosmetics. Colour cosmetics showed more modest growth in this year, as natural beauty was more popular, due to influences from South Korea and Japan (K-beauty and J-beauty). South Korean and Japanese skin care and beauty...
Beauty and personal care witnessed poor results in 2018, with lower than expected growth for most players. The combination of disruption within distribution channels, aggressive promotions and commoditisation of many categories created a challenging scenario and a possible reshaping the market for the upcoming years. Beauty and Personal...
An overall shift from traditional beauty to health and wellness has been observed in New Zealand with brands attempting to offer products that are a mix of beauty and wellness. The “beauty starts within” approach has increased the demand for natural products, which is encouraging consumers to choose organic brands. Brands with a health positioning...
The South African economy was characterised by slow growth, declining disposable incomes and low consumer confidence. Consumers reacted by reducing their purchases of perceived non-essential goods across multiple categories. However, beauty and personal care continued to register good growth despite the many challenges faced by the market....
The continued growth of beauty and personal care in Australia in 2018 was driven by various factors. The expansion of beauty specialist retailers Mecca and Sephora (premium beauty) and parapharmacies Priceline and Chemist Warehouse (mass beauty) have given major support to the growth of beauty and personal care. The premium segment continues...
Beauty and personal care sales ended 2018 with moderate growth. Sales have been recovering consistently over the last three years, but at a much slower pace than previously expected by the industry. Many players were more optimistic about 2018 given the expectations of a less turbulent political and economic scenario. However, initial estimates...
Beauty and personal care continued to post a positive performance in Canada in 2018, with current value growth exceeding the increase seen in 2017. Skin care saw the strongest growth, driven by consumers looking to maintain healthy skin, and an increasing willingness to spend on high-quality, premium products. Anti-agers and face masks proved...