Beauty and Personal Care

In 2022, beauty and personal care maintained slow retail volume growth, and also saw solid current value growth. With a surge in COVID-19 cases in the first half of 2022, consumers continued to focus on basic skin care, body care, and hair care…

The beauty and personal care market in Cameroon has great economic potential. However, some sectors, such as colour cosmetics are still heavily characterised by imported products. Imports of colour cosmetics and skin care products in volume terms…

Many categories were negatively impacted by the COVID-19 pandemic due to diminishing disposable incomes and ongoing lockdowns. However, in 2021 and 2022, the industry has recovered due to the easing of restrictions and consumers remitting to their…

After the overall decline in beauty and personal care retail volume sales in 2020, in the wake of the Coronavirus (COVID-19) pandemic, the industry started to see a rebound in demand in 2021 and healthy growth in 2022. This performance was…

Beauty and personal care in Guatemala is facing challenges due to the unstable economy creating financial pressures for consumers. Whilst recovery has been seen from the impacts of the COVID-19 pandemic, inflation rates are spiking in Guatemala and…

In 2022, sales are no longer impacted by the COVID-19 pandemic, with restrictions easing and consumers returning to pre-pandemic routines. This is boosting colour cosmetics and men’s grooming, as consumers once again prioritise their appearance.…

Beauty and personal care in Vietnam recorded strong growth in current value terms in 2022, as the easing of the pandemic and the removal of restrictions led consumers to return to in-person work and other activities outside of the home, driving the…

2022 saw an upward trend in value sales in beauty and personal care, resulting from both the post-pandemic catch-up phenomenon and the inflationary situation in France (and globally), pushing up costs and prices and therefore supporting value growth.…

Beauty and personal care market in Finland in 2022 enjoyed a period of robust value growth, as certain categories and product areas continued to recover from the lingering effects of the COVID-19 pandemic. This growth was further augmented by a…

2022 saw the beauty and personal care market in Bulgaria bounce back strongly after the negative impact of the pandemic in 2020. This resurgence indicates that Bulgarians have adapted to the challenges posed by the pandemic and that it is no longer…

Beauty and personal care saw steady growth in 2022 backed by the lifting of COVID-19 restrictions and an increase in economic activity. COVID-19 had a negative impact on demand with many consumers plunged into economic uncertainty, with this being…

Beauty and personal care products experienced further moderate value growth in the Swiss market in 2022 as more consumers resumed regular (similar to pre-COVID-19) lifestyles and shopping and purchasing behaviours. They worked and spent more time…

Modest sales growth was seen in beauty and personal care in 2022 as household spending remained under pressure. The exchange value of the kyat continued to slide in the wake of the 2021 military coup, although demand continued to increase as…

Double-digit percentage inflation played a crucial role in maintaining significant value growth in beauty and personal care in 2022. However, it is important to note that while the product area experienced growth, most unit prices of beauty and…

While consumers have returned to normal lifestyles in the aftermath of the COVID-19 crisis, the return of the Egyptian beauty and personal care market to a state similar to that seen before the pandemic was significantly impeded by the challenging…

Following the effects of the Coronavirus (COVID-19) pandemic, the War in Ukraine negatively affected the Slovak economy in 2022. Exports to Russia, Belarus and Ukraine were halted, and demand in the EU and V3 countries continued to fall. High levels…

Beauty and personal care recorded a positive current retail value performance in 2022; however, much of this was due to rising inflation. High inflation, primarily driven by the depreciation of the local currency against the US dollar, led to higher…

Overall, retail volume sales declined and retail current value growth slowed appreciably in 2022 following the spikes in increments registered in the wake of the Coronavirus (COVID-19) pandemic in 2020 and 2021. However, due to inflation and rising…

Hungary faced soaring inflation in 2022, with core inflation standing at 24.6% - the fourth highest in Europe. This economic environment has had a substantial impact on average unit price growth for numerous beauty and personal care product…

Beauty and personal care in Bolivia witnessed a strong recovery in 2022 with retail volume and current value sales both returning to healthy growth. Manufacturers benefitted from the full relaxation of COVID-19 restrictions in the second half of…