Country Report
Mar 2021
After seeing both retail volume and current value growth throughout most of the review period, in 2020 super premium beauty and personal care turned to strong declines, with a slower decline in value terms due to price rises. Store closures and ...
Strategy Briefing
Mar 2021
Luxury goods was among the industries hardest hit by the Coronavirus (COVID-19) pandemic with sales damaged by temporary store closures, travel bans and weakened consumer spending. In addition, the pandemic also accelerated a channel shift to ...
Country Report
Feb 2021
Super premium beauty and personal care saw strong double-digit retail volume and current value growth rates during most of the review period, but has turned to decline in 2020 due to COVID-19. One of the main factors hampering growth has been the ...
Country Report
Feb 2021
Super premium beauty and personal care in Malaysia was negatively affected by the country lockdown enforced between 18 March and 4 May 2020. During this time, non-essential retail stores were required to close, including standalone stores and ...
Country Report
Jan 2021
As a result of the pandemic, and consumers spending much more time at home, demand for super premium beauty and personal care products was adversely affected. While in 2019 the category was demonstrating a limited increase in sales, in 2020 it ...
Country Report
Jan 2021
Despite the super premium beauty and personal care industry being in a stronger position than other luxury goods categories, the category was negatively impacted by the pandemic as all non-essential stores were closed for six weeks from mid-March ...
Country Report
Jan 2021
Similar to fine wines/champagne and spirits and premium and luxury cars, super premium beauty and personal care remained fairly resilient to the impact of COVID-19 in Canada in 2020. While sales declined, the rate was not as steep as for other ...
Country Report
Jan 2021
Super premium beauty and personal care saw a marked decline in sales in 2020 as border measures implemented in late March to limit the spread of COVID-19 led to a sharp fall in the number of visitors from Mainland China, a key consumer group in the ...
Country Report
Jan 2021
Sales of super premium beauty and personal care products are set to drop in 2020 as a result of the pandemic, although value decline has far less acute than any other luxury product. The fall in sales was caused by the closure of non-essential retail...
Country Report
Jan 2021
2020 saw major declines in sales of super premium beauty and personal care as the COVID-19 pandemic and the official response to it placed significant pressure on demand across the category. Among the main factors undermining demand for super premium...
Country Report
Jan 2021
With a 15% current value decline, super premium beauty and personal care shows more resilience compared to other personal luxury goods in 2020. This is in part due to the nature of beauty and personal care products as consumers tend to have the habit...
Country Report
Jan 2021
Prior to the pandemic, super premium beauty and personal care was strongly supported by inbound tourists coming to Japan. Therefore, sales suffered a strong contraction due to the closure of the country’s borders in 2020 as the government endeavoured...
Country Report
Jan 2021
Health, wellness and hygiene-orientated products such as super premium skin care and hair and oral care recorded strong double-digit growth in 2019 as the health and wellness trend continued to gain traction around the world. Although growth levels ...
Country Report
Jan 2021
In 2020, super premium colour cosmetics suffered the most from the outbreak of COVID-19, with a double-digit decline, as lower consumer confidence and home isolation posed challenges to sales. Non-essential categories such as super premium fragrances...
Country Report
Jan 2021
Retail current value sales in super premium beauty and personal care were directly negatively impacted by the national lockdown imposed in France from March 2020. During the period of national lockdown, which lasted for eight weeks in the whole ...
Country Report
Jan 2021
In response to the COVID-19 pandemic in 2020, super premium beauty and personal care will continue to perform well and will only see very minute slowed growth. Although the Taiwanese government has not implemented lockdown, socialising in Taiwan has ...
Country Report
Jan 2021
As a result of the decision to quarantine the population amid the outbreak of COVID-19, the stores which sell beauty and personal care products closed in mid-March 2020. Depending on the city and the location, some of them were reopened as ...
Country Report
Jan 2021
Super premium beauty and personal care products were negatively impacted by the closure of retailers in the first quarter of 2020 and a decline in consumer confidence leading to lower demand. While independent specialist retailers remained opened and...
Country Report
Jan 2021
While registering declining sales in 2020, super premium beauty and personal care overall proved comparatively resilient in the face of the COVID-19 pandemic relative to other categories of luxury goods. Skin care, body care and hair care were the ...
Country Report
Jan 2021
In March, Spanish authorities implemented a national lockdown. Combined with the lasting social distancing measures in place when national lockdown came to an end, drugstores and beauty specialist retailers remained closed for almost three months....
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