Unlike most other retailers, health and beauty specialists registered lower current value growth in 2021 than in 2020. This was largely due to a fall in growth in chemists/pharmacies, which is the largest product area.
Dori-Darmon led health and beauty specialist retailers in 2021, with its Dori-Darmon brand. It is the leading player, thanks to an extensive store network throughout most of Uzbekistan.
The pandemic lockdowns gave e-commerce a fuel injection. However, it is not just ordering and payments that are moving online.
Health and beauty specialists will register moderate value and volume growth over the forecast period. Beauty specialist will register the higher growth, as with society opening up, consumers will be keen to spend money on beauty products once again.
Health awareness had been growing even before the pandemic struck. Increasing internet access and government healthcare reforms are both serving to raise health-awareness amongst Uzbekistanis.
There is a lack of international brands, particularly in the beauty sector, in Uzbekistan. However, if the economy continues its liberalisation programme, Uzbekistan could become an attractive target for foreign investment.
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This is the aggregation of chemists/pharmacies, drugstores/parapharmacies, beauty specialist retailers, optical goods stores and other healthcare specialist retailers.See All of Our Definitions
This report originates from Passport, our Health and Beauty Specialist Retailers research and analysis database.
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