The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreJul 2020
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
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 further price hikes for premium brands, limiting affordability among the expanding middle class and even making some of the more affluent Uzbekistanis to trade down to mass products in order to save money.
Coty, Puig and LVMH Moët Hennessy Louis Vuitton retained their podium places due to their wider stable of brands, however they saw company value sales shares losing out to the growth of Chanel in 2019. Chanel was the single leading brand thanks to its top share of the premier fragrances value sales in 2019.
Premium colour cosmetics, adult sun care, and baby and child-specific products were the fastest growing categories in premium beauty and personal care in 2019. Colour cosmetics benefitted from further participation of women in Uzbekistan’s workforce.
Value sales of premium beauty and personal care are now expected to decrease by 7% in 2020 at constant 2019 prices in light of the impact of COVID-19. Value sales will contract painfully as selective retail stores remain closured and social distancing measures will cause downgrading from premium to lower price point items and dampened demand for this category in particular.
Premium fragrances which is by far the category leader with highest value sales, is expected to also see the sharpest negative effects value sales decrease due to COVID-19 in 2020. Fragrances are associated with social status and the product area will suffer from being viewed as non-essential, and thus suffering from consumers reducing non-essential spending in 2020 and throughout the forecast period.
Premium beauty and personal care will see a double digit reduction in value sales growth in 2020 as social distancing measure and economic uncertainty drastically affect the category. Of particular consequence will be the closure of non-essential shops and fewer public interactions, which combined will lessen opportunities to wear or even purchase premium fragrances which make up the bulk of the overall category value sales.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Files are delivered directly into your account within a few minutes of purchase.
Discover the latest market trends and uncover sources of future market growth for the Premium Beauty and Personal Care industry in Uzbekistan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Premium Beauty and Personal Care industry in Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Premium Beauty and Personal Care in Uzbekistan market research report includes:
Our market research reports answer questions such as:
This industry report originates from Passport, our Beauty and Personal Care market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.