Summary
The global skincare sector was valued at US$129.6 billion in 2018, led by the Asia-Pacific and Americas regions with 54.7% and 21.5% value shares, respectively. An improving global economy, coupled with falling unemployment rates and the subsequent rises in consumer purchase power will remain the major macroeconomic factors driving the sector globally.The top 10 high potential countries - Canada, The United States, Mexico, China, South Korea, Poland, Russia, Saudi Arabia, Germany, and the Netherlands - accounted for a combined 58.7% share of total value sales in 2018.The overall share of private label products in the global skincare sector reached US$5.2 billion in 2018, up from US$4.7 billion in 2013.Hypermarkets & supermarkets was the leading distribution channel for the global skincare sector, with a value share of 23% in 2018, followed by health & beauty stores with a 17.3% share.Rigid Plastics was the most commonly used pack material in the skincare sector, accounting for 51.8% of the volume share in 2018.
Read the full report: https://www.reportlinker.com/p05810845/?utm_source=PRN
NEW YORK, Oct. 30, 2019 /PRNewswire/ -- This report brings together multiple data sources to provide a comprehensive overview of the global skincare industry.
It includes analysis on the following -
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Industry overview: Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the region.
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Change in consumption: Provides a shift in the consumption of various sectors within the skincare industry during 2013-2023 at global and regional level.
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High potential countries: Provides Risk-Reward analysis of top ten high potential countries by region, based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
Country and regional analysis: Provides deep-dive analysis of 10 high potential countries across the regions covering value growth during 2018-2023, key challenges, consumer demographics, and key trends. It also includes regional analysis covering future outlook for the region.
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Competitive landscape: Provides an overview of leading brands at global and regional level, besides analyzing the product profile, country level presence, market share, and growth of private labels in each region.
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Key distribution channels: Provides analysis on the leading distribution channels in the global skincare sector in 2018. It covers four distribution channels: hypermarkets & supermarkets, convenience stores, food & drinks specialists, and others, which includes cash & carries and warehouse clubs, ‘dollar stores’, department stores, e-retailers, and general retailers.
Preferred packaging formats: The report provides percentage share (in 2018) and growth analysis (during 2013-2023) for various package materials, pack type, closure type, and primary outer types based on the volume sales (by pack units) of skincare products.
Scope
- Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to buy
- To have a thorough fact based analysis with information about the global skincare industry across the five regions in value terms and the underlying factors that are driving the sales
- To gain confidence to make the correct business decisions based on a detailed analysis of the skincare industry and to identify high potential countries over the next 5 years
- The analysts have placed a significant emphasis on the mega trends that drive consumer choice and will provide a clear picture about the future opportunities that can be explored across the regions, resulting in revenue expansion
- To gain competitive intelligence about leading brands in the skincare industry at global and regional level with information about their sector share, business descriptions and product profiles
Read the full report: https://www.reportlinker.com/p05810845/?utm_source=PRN
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