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Global Briefing

Innovation Centring on Consumer Need to Drive Growth in Home Care

Mar 2012

Price: US$2,000

About this Report

About this Report

The economic downturn proved challenging for home care, with cheaper brands offering strong innovations at lower prices triggering a round of price promotion, making it difficult to drive value growth. Consumer demand in emerging markets is increasingly reflecting that of developed markets as they seek more specialised products. Going forward, brands perceived as good value for money, with a regionally diverse presence, are expected to drive strong growth.


What this report includes

  • Up-to-the minute analysis of the latest trends in the industry
  • New product development, forecasts and other themes
  • Unique graphics and illustrated case studies
  • Most recent brand and company news
  • New insight into the size and shape of the market

Why buy this report

  • Leading industry opinion keeps you abreast of latest news and trends
  • Forward-looking outlook on a category, market or issue affecting the industry
  • Latest five year forecasts assess how the market is predicted to develop
  • Understand the competitive environment, the leading players and brands

Table of Contents

Table of Contents

Introduction

Key points

Economic downturn challenge home care

Limited M&A activities in home care

Beauty and personal care offers stronger prospects

Companies adopt strategies to ease pressure on operating margin

Interesting developments despite the challenges in home care

Driving Growth in the Stagnant Developed Markets

Fierce price competition

Product development does not ensure market share growth

Procter & Gamble loses, while Henkel gain market share in US LC

Private label gains in the US but loses in the UK

Private label offers greater savings in the US

Discounted private label product offerings in Spain

Brands offering better value for money to do well in the long run

Beating Competition in the Attractive Emerging Markets

Emerging markets to drive growth

Other emerging markets offer room for growth

Leaders' performances highlight importance of emerging markets

Latin America: Strong impetus to growth in 2010

Rising income lead to increase demand for household items

Health awareness helps stimulate home care sales

Customising products to local environmental conditions

Domestic players put up strong competitive barriers

Market penetration pose a challenge in emerging markets

Acquisition of local brands to help access local markets

Recommendations

Innovation key in driving growth in home care

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