The UK Health & Beauty Market Size, Shares, Consumer Data and Future Outlook 2018-2023

Posted on 2019-03-18 by Mark Hub in Retail // 0 Comments

Albany, US, 2019-Mar-18 — /EPR Network/ —The following research report is a compilation of high-end data that has been researched thoroughly to highlight the various trends prevailing across the UK Health & Beauty. This study is titled “The UK Health & Beauty Market” 2018-2023, which carefully examines several vital factors such as market share, market revenue, market dynamics and competitive scenario active in the target market for the period between 2018-2023

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The UK Health & Beauty Market 2018-2023

Summary
“The UK Health & Beauty Market 2018-2023”, report offers comprehensive insight and analysis of the health & beauty market (including forecasts up to 2023), the major players, the main trends, and consumer attitudes. It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and future outlook. The report focuses on health (OTC medicines & other health) and beauty (babycare, bathroom toiletries, cosmetics, dental care, haircare, men’s toiletries, paper products, fragrance, skincare, and other beauty). Consumer data is based on our 2018 How Britain Shops survey, using a panel of 10,000 nationally representative consumers.

The UK health & beauty market is forecast to reach 22.0bn in 2018, with forecast growth of 16.6% between 2018 and 2023. Inflation continues to boost the market in 2018, however volume growth will strengthen out to 2023 as consumer confidence improves.

Scope
– While Boots remains as market leader, it continues to cede share, as spend shifts away to discounters and online pureplays
– Skincare is the highest growth category, with spend expected to rise by 22.8% over the next five years as a demand for ingredient transparency and innovative new brands drives interest
– 93.4% of UK health & beauty shoppers purchased an item in a store in the past year.

Reasons to buy
– Use our in depth analysis of Boots to understand why the leading retailer is losing share and what is needed to compete with the larger players in the market
– Understand how department store closures will affect other health & beauty retailers and plan strategic opportunities for growth
– Consider the impact of health & wellness to allow you to better ensure your category and product will meet future consumer demand
– Learn how to target a younger demogaphic of men with a growing interest in health & beauty to expand your customer base

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Table of Contents
THE HOT ISSUES
Market drivers and inhibitors in health & beauty
Main issues in health & beauty:
Consumer demand for optimal health & wellbeing goes mainstream
Sainsburys focuses on improved beauty offer to drive interest back to larger stores
Value dupes pose threat to midmarket beauty retailers
Department store closures present opportunity for rivals to steal premium beauty spend
Strategies for success
WHAT PEOPLE BUY
Headlines
The sector at a glance
The sector in context
Overall sector size
Overall sector growth
Category growth in health & beauty
Category dynamics: health
Category dynamics: OTC medicines
Category dynamics: other health
Category dynamics: beauty
Category dynamics: babycare
Category dynamics: bathroom toiletries
Category dynamics: cosmetics
Category dynamics: dental care
Category dynamics: haircare
Category dynamics: men’s toiletries
Category dynamics: paper products
Category dynamics: fragrance
Category dynamics: skincare
Category dynamics: other beauty
Spend per head
Online sector size

Continued………. @@

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