Premium Beauty and Personal Care

Estée Lauder Cos Inc performed above the industry average in 2019, helped by the Estée Lauder and La Mer brands, skin care, and online sales in the US and China. China is growing in importance, especially in colour cosmetics, which is expected to see...

Premium beauty and personal care experienced robust growth in 2019 despite the vast majority of consumers, especially in rural areas, having limited discretionary income. Central regions and in particular, the capital city of Baku, drove the strong ...

With Swiss GDP being relatively high, especially in per capita terms and especially compared to neighbouring countries, and disposable income and the employment rate also high, local consumers are willing to pay more for high-quality products that ...

Premium beauty and personal care continued to record healthy current value growth in 2019, with premium colour cosmetics the most dynamic of the main categories. It is benefiting from strong awareness among young urban professionals with growing ...

AmorePacific is a South Korea-based cosmetics manufacturer that has grown to become a global top 20 player. With the strong consumer demand for K-Beauty, the company’s sales are heavily concentrated in Asia Pacific. The company expects wider coverage...

In Kenya, premium beauty and personal care has seen the introduction of products such as face masks, serums, exfoliators, tinted sunscreen and skin hydration products. These appeal to the niche segment of middle- and higher-income consumers who are ...

Although premium beauty and personal care continued to see current value growth in 2019, this was lower than in any other year of the review period. Continued economic downturn was seen at the end of the review period, with decreasing GDP growth, ...

Following weak economic performance over the review period, the Nigerian economy is expected to recover over the forecast period, thus helping to drive demand for premium beauty and personal care, which has struggled in recent times. As incomes ...

Social media and television continued to play a pivotal role in the massive infiltration of Western influence in the country in 2019. The growth and internationalisation of Pakistan’s media industry as well as fashion and style in the country became ...

In 2019, premium beauty and personal care was affected by the increasing number of promotional activities and price reductions at beauty specialist retailers. Compared with previous years in the review period these activities were even stronger, ...

2019 saw the premium segment show strong signs of recovery after several years of weakened sales. The economic crisis of the 2010s led to a shift in spending from premium to mass as consumers traded down to basic products. In 2019, the economy ...

While premium beauty and personal care showed an improved performance in terms of total current value sales growth in 2019, this was mainly due to unit price increases driven by rising inflation, higher import tariffs and the depreciation of the ...

The impact of the economic crisis on high-income consumers has been fairly negligible. Therefore, the performance of premium brands was better than that for mass during 2019, especially in categories such as skin care, where new products focused on ...

Premium beauty and personal care remained niche, and value sales were low in comparison to the total value of beauty and personal care sales, as continued economic uncertainty and rising inflation prevailed in 2019. This high inflation resulted in ...

The expansion of the middle class in the country is reflected in fewer people living in poverty; that is, the middle-class group has widened but it is still very susceptible to price variations and economic stability in the country. In 2019, the ...

A high-income segment of the population of the Dominican Republic is not particularly concerned about price in beauty and personal care purchasing decisions, which supported high levels of brand loyalty in the premium segment at the end of the review...

In 2019, premium beauty and personal care saw healthy retail value growth. This was mainly due to positive real GDP growth in the country that year. This led to growing disposable income level and, of course, motivated consumers to spend more on ...

Premium beauty and personal care continued to record positive growth in 2019, driven by strong economic growth in the Netherlands and strong consumer confidence in the economy. Premium brands are outperforming mass products as Dutch consumers with ...

After marginal current value growth in 2017 and 2018, premium beauty and personal care witnessed declining sales in 2019. Finns are generally becoming more rational in their spending, looking to save money wherever possible due to the uncertain ...

E-commerce continues to expand in Slovakia with both retailers and brands looking to expand their online presence. E-commerce saw strong growth over the review period with it opening up the market to niche players offering premium beauty and personal...