It is anticipated that prices in premium beauty and personal care will continue to increase in 2023. This is due, in part, to conflict between distributors and retailers regarding price rises in 2022.
The increase in prices since 2021 prompted many consumers to shift from premium beauty and personal care products towards more affordable mass-market alternatives. This trend is expected to continue in the short term and could have a significant negative impact on demand for premium beauty and personal care.
To regain value share from mass beauty and personal care, companies will need to create new opportunities in premium beauty and personal care. Therefore, it is anticipated that premium beauty and personal care brands will launch new innovative products that are in line with market trends, such as health and wellness, sustainability, and ecology.
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Understand the latest market trends and future growth opportunities for the Premium Beauty and Personal Care industry in Israel with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Premium Beauty and Personal Care industry in Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Premium Beauty and Personal Care
This is the aggregation of premium colour cosmetics, fragrances, deodorants, skin care, sun care, baby and child-specific products, bath and shower and hair care.See All of Our Definitions
This report originates from Passport, our Premium Beauty and Personal Care research and analysis database.
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