"The UK Health & Beauty Market 2017-2022", report offers comprehensive insight and analysis of the market and categories (including forecasts up to 2022), the major players, the main trends, and consumer attitudes.
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It provides in-depth analysis of the following: the hot issues impacting the market (beauty innovations, latest ingredients, online pureplays and pharmacy funding cuts), strategies for success, market and category sizes and forecasts, retailer profiles, retailer market shares, consumer data and future outlook.
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. While some shoppers will rein in self treating and gifting purchases, the essential nature of the sector protects spend from being diverted elsewhere.
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-Stores remain the primary purchase channel, with 93.5% of sector shoppers buying instore. However, spend continues to shift online, with sales forecast to grow 65.9% out to 2022, to reach 11.6% of the market.
-Skincare is forecast to be the fastest growing subsector out to 2022, with much of this due to product innovation in both the mass and premium markets. We expect skin preparation products such as masks, serums and primers to outperform.
-The health & beauty market remains very female dominated, with 78.0% of females buying into the category in the past year, compared to 41.5% of males. Retailers need to better exploit males' interest in health, wellness and fitness by encouraging them to buy into other categories such as skincare.
The Body Shop
Procter & Gamble
Holland & Barrett
Marks & Spencer
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