It is expected that unit prices of skin care will continue to rise, particularly in 2023. This will reinforce the trends observed in 2022, with volume sales likely to decline as consumers are forced to limit their spending, while value sales are expected to increase in current terms.
As the impact of the inflation crisis decreases, the demand for premium skin care products is likely to experience renewed value sales growth in the second half of the forecast period. The trend of preventive health is expected to persist, and as a result, sales of dermocosmetic brands are likely to surpass non-dermocosmetic brands.
Even though consumers face pressure on their purchasing power, they are expected to continue searching for indulgent and multifunctional skin care products that can address multiple concerns. As a result, facial care is anticipated to benefit and maintain its dynamism within skin care.
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Understand the latest market trends and future growth opportunities for the Skin Care industry in Belgium 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 Skin Care industry in Belgium, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of facial care, body care, hand care and skin care sets/kits.See All of Our Definitions
This report originates from Passport, our Skin Care research and analysis database.
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