Premium Beauty and Personal Care

In 2022, premium beauty and personal care saw sales skyrocket in Germany in retail current value terms, with growth outpacing that of the mass segment. This was driven by an increase in opportunities to spend time outside of the home, the expansion…

Premium beauty and personal care recorded strong retail current value terms in 2022. The retail current value growth rate was higher than that seen in mass beauty and personal care. The reasons for this performance were, on the one hand, significant…

The fluctuation in foreign exchange had already caused a shift from premium to masstige or mass products in Turkey, and the Coronavirus (COVID-19) pandemic resulted in lower purchasing power and increased consumer caution over spending. In order to…

A lot of internationally well-known brands are not available in the Egyptian market. As a result, a lot of Instagram/Facebook pages import these missing products from abroad. However, after the devaluation of the Egyptian currency, prices have…

Premium beauty and personal care experienced healthy current value growth in 2022, despite the challenging economic situation in Chile. However, the growth rate was lower compared to the previous year. Nevertheless, its positive performance can be…

In 2022, premium beauty and personal care recorded a stronger current value performance than seen since 2019, driving sales above the pre-pandemic level. The reopening of shopping centres and brand stores was the main reason for this growth, since…

Premium beauty and personal care witnessed robust current value growth during 2022 although overall value remained well below pre-pandemic levels. The COVID-19 pandemic had a hash impact on retailers with beauty specialist retailers’ stores closed…

Premium beauty and personal care recorded a strong performance in 2022 despite the high inflation and economic instability in the country. Bulgarian consumers showed an increased interest in premium products, especially in the colour cosmetics,…

Premium beauty and personal care exceeded the pre-pandemic level of current value sales in 2022. After the minor premium adult sun care category, premium fragrances led the pack in terms of growth, with premium colour cosmetics not far behind.…

The premium segment of beauty and personal care again outpaced the mass segment in 2022. Premium products are particularly in demand in fragrances, which make up the largest product category within premium beauty and personal care. Both men's and…

Premium performed very strongly in 2022. In spite of high inflation caused by continuing global supply disruptions and currency devaluation, which made imported brands in particular more expensive, premium registered double-digit current and constant…

Azerbaijan’s proximity to both Ukraine and Russia has created a lot of uncertainty and while Azerbaijan benefitted from increasing global energy prices as a result of the war - on the flip side, Azerbaijan is heavily dependent on trade and raw…

Premium beauty and personal care saw a healthy rebound as consumers resumed their pre-pandemic lifestyles, returning to workplaces, social events, and out-of-home activities as COVID-19 rates declined and public safety measures were lifted. In-store…

India is one of the fastest growing economies in the world, with a large young population. Its rising GDP per capita is fuelling the growth of the economy. Real GDP in India continued to expand in 2022, recording 7% growth, outperforming the average…

The premium segment witnessed a second year of significant current value growth supported by a natural recovery in category sales. This followed the elimination of COVID-19 pandemic restrictions and face masks that significantly limited the use of…

High inflation and growing price points were seen throughout 2022, due to increased raw materials, packaging and logistics prices. This is especially true for skin care and fragrances, where ingredients are more sophisticated and therefore, price…

Premium beauty and personal care in Spain saw positive growth in constant value terms in in 2022, albeit at a slower rate than in 2021. While the Spanish economy continued to recover from the pandemic, inflationary pressures, brought about by rising…

During the height of the pandemic, consumers were not allowed to leave home while non-essential retailers were forced to close. As they were unable to access their favourite products, consumers who needed to purchase the premium skin care or sun care…

Premium beauty and personal care was more resilient and saw a slightly slower current value decline in 2022 compared with the mass segment. On the one hand, premiumisation continued, with consumers’ awareness of skin care and anti-ageing gradually…

According to the current value of Brazilian GDP in dollars, Brazil ranks 12th amongst the world’s largest economies, almost on a par with Iran, which ranks 11th and has benefited from rises in oil prices. The fact that the Brazilian market holds…