Health & Safety Industry Today

The UK Health and Beauty Market 2017-2022

Orbisresearch.com published “UK Health and Beauty Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Published 10 April 2018
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. 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. Boots is forecast to remain as the market leader in 2017, though its share continues to drop owing to further price pressure from general merchandisers and discounters as well as store environment upgrades at the department stores.
 
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Top Key Players:
 
Boots, Tesco, Sainsbury's, Asda, Superdrug, Morrisons, Debenhams, Waitrose, Savers, LloydsPharmacy, The Body Shop, H&M, ASOS, New Look, Primark, Cult Beauty, Amazon, Feelunique, Amazon, AllBeauty, Lookfantastic, B&M, MAC, Nars, Unilever, Procter & Gamble, L'Oreal, Palmolive, Aldi, Lidl, Holland & Barrett, Myprotein, Zipvit, eBay, Poundland, Marks & Spencer, Wilko, Savers, John Lewis, Avon
 
Scope:
 
- 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.
 
Get more information about this report@ http://orbisresearch.com/reports/index/the-uk-health-and-beauty-market-2017-2022
 
Reasons to buy:
 
- Identify the retailers which are best placed to take advantage of ingredient and beauty innovation trends for 2017/18 to understand the competition in the market and inform new product development.
- Understand what The Body Shop needs to do to build its market share and regain relevance under its new owner, Natura Cosméticos, and what this means for other established retailers in the market.
- Recognise the impact of the online pureplays such as feelunique, Cult Beauty, Lookfantastic as well as ASOS and Amazon in the health & beauty market to adapt your online strategy, and understand how to compete against these retailers.
- Understand the impact of community pharmacy funding cuts on pharmacy retailing and how it will benefit retailers, particularly leaders, in the health & beauty market.
- Identify the drivers in the market such as the health & wellness trend and continued rise of bloggers, celebrities and fitness personalities which are broadening the appeal of health products, and understand which categories are performing well to aid range planning.
 
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About Us:
 
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
 
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