Health And Beauty Market Share Uk

The health beauty market is forecast to grow by 21 1 over the next five years in part driven by inflation which is set to reach 2 1 in 2017 the highest level since 2000.

Health and beauty market share uk. A number of the leading mature health and beauty specialists including boots and superdrug have struggled to gain market share in the uk as they face intense competition from smaller players and non specialist retailers including supermarkets department stores and the online channel. The uk health beauty market 2018 2023 summary uk consumers continue to exhibit polarised beauty shopping habits as they are enticed by premium brands as well as cheaper value alternatives putting a squeeze on the midmarket. Brits like to keep well groomed and the amount spent at hairdressers and personal care salons in the uk was highest in 2019 reaching 8 6 billion.

Everything you need to make the right decisions. Indeed value players and discounters are opting to emulate midmarket and premium products in a bid to secure spend. Women aged 18 to 34 are the biggest portion of the cosmetics market and they are more likely to be buying more than 10 types of products a year.

The uk health beauty market 2019 2024 report offers comprehensive insight and analysis of the health beauty market including forecasts up to 2024 the major players the main trends and consumer attitudes. The report covers retail sales growth region and category specific economic insight together with market share size and rankings for the uk s top ten health and beauty retailers. 21 2017 prnewswire the uk health beauty market 2017 2022 summary united kingdom health beauty market is forecast to grow by 21 1 over the next five years in part driven.

While some shoppers will rein in self treating and gifting purchases the essential nature of the sector protects spend from being diverted elsewhere. The greatest worldwide growth in a beauty market has been seen in china where the beauty industry grew by 16 billion from 2014 to 2019 over double the next largest growth which was in brazil. Expert analysis from a specialist in the field.

However traditional market leaders in health and beauty such as boots or superdrug are losing market share as discounters department stores general merchandisers and clothing retailers all. Retail economics publish a monthly uk health and beauty sector report that provides in depth analysis on the latest retail data and consumer trends affecting the category.