Strategy Briefing

Where Consumers Shop for Beauty and Personal Care

38 pages, Jan 2019

US$1,325

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

About This Report

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Despite the rapid growth of e-commerce over the last decade, store-based retailing continues to dominate the distribution landscape, accounting for 81% of global sales in beauty and personal care in 2017. The physical selling space is constantly being reinvented via in-store digital initiatives and by offering more holistic health and beauty services and consultations. But non-store retailing, dominated by the growth of internet retailing, is expanding faster.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

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.

Key Findings

Robust BPC performance driven by premium

Positive performance of BPC is increasingly being driven by the premium segment, which advanced 4% in 2017, driven by the growing consumer appetite for premium brands as they are increasingly looking for high-quality products and tailored experiences.

Store-based retail reigning, but losing ground to non-store retail

The share of store-based retailing remains high within BPC, accounting for 81% of global value sales. However, internet retailing emerges as the fastest growing channel. The new breed of direct-to-consumer beauty brands that operate online only are contributing to the rise of internet retailing.

Health and beauty specialist retailers betting on experiential shopping and voice

As consumers demand experiences, specialist retailers are increasingly transforming transactional retail into an experiential journey employing various technology advances such as AR and VR. Voice technology is expected to be the next frontier facilitating personalisation and engagement with consumers.

Direct selling the largest non-store channel, but not for long

Direct selling remains the largest non-store retail channel, but internet retailing is expected to overtake starting from 2019. BPC has been ripe for disruption by online as players are developing apps to facilitate m-commerce, expanding e-commerce landscape as social platforms become a popular sales channel and widely adopting AR technologies to enhance online shopping.

Technology-enabled online beauty

Personalisation initiatives enable consumers to make even better purchasing decisions online than in a store. Apps and online platforms have been developed to advise consumers both via trusted computerised algorithms and virtual communities, bloggers and vloggers to choose the products best-suited for them.

Want to find out more about this report?

Request more information

Introduction

Scope

Key findings

Industry Snapshot

BPC is witnessing growth acceleration driven by premium segment

Skin care back in the spotlight

A sia Pacific is the industry growth engine

Channel Shifts

Store-based retail reigning, but losing ground to non-store retail

Non-store retailing gaining share across all regions and categories…

…but developments by region and category vary

Store-based Channels

Health and beauty specialist retailers dominate

Channel development reflects growing consumer focus on premium BPC

Health and beauty specialist retailers betting on experiential shopping

Walgreens and CVS undergoing transformation to retain position

Overreliance on department stores hurts BPC giants

Macy’s maintains lead by launching initiatives to bring back consumers

Modern grocery retailers dominates staple personal care categories

G rocery retailers are investing to get a slice of the beauty pie

Men’s grooming private label shines

Highest penetration of private label in Western Europe

Private label catching up on premiumisation trend in Western Europe

Non-store Channels

Direct selling the largest non-store channel, but not for long

E-commerce constantly evolving to disrupt retail environment

Skin care shines online

Technology enabling new level of experiences for online beauty

Internet retailing soars in Asia Pacific

Competition between pure beauty players and online giants

Direct selling seeing growth acceleration as new players step in

Avon attempting big transformation

Future Developments

B eauty retail will evolve to meet consumer expectations

Online maintains momentum

Store retail is transforming to remain relevant amidst internet growth

Key takeaways

Why buy this report?

Want to find out more about this report?

Request more information

Megatrends

Strategy Briefing

Where Consumers Shop for Beauty and Personal Care

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

Key Findings

Robust BPC performance driven by premium

Store-based retail reigning, but losing ground to non-store retail

Health and beauty specialist retailers betting on experiential shopping and voice

Direct selling the largest non-store channel, but not for long

Technology-enabled online beauty

Want to find out more about this report?

Table of Contents

Introduction

Scope

Key findings

Industry Snapshot

BPC is witnessing growth acceleration driven by premium segment

Skin care back in the spotlight

A sia Pacific is the industry growth engine

Channel Shifts

Store-based retail reigning, but losing ground to non-store retail

Non-store retailing gaining share across all regions and categories…

…but developments by region and category vary

Store-based Channels

Health and beauty specialist retailers dominate

Channel development reflects growing consumer focus on premium BPC

Health and beauty specialist retailers betting on experiential shopping

Walgreens and CVS undergoing transformation to retain position

Overreliance on department stores hurts BPC giants

Macy’s maintains lead by launching initiatives to bring back consumers

Modern grocery retailers dominates staple personal care categories

G rocery retailers are investing to get a slice of the beauty pie

Men’s grooming private label shines

Highest penetration of private label in Western Europe

Private label catching up on premiumisation trend in Western Europe

Non-store Channels

Direct selling the largest non-store channel, but not for long

E-commerce constantly evolving to disrupt retail environment

Skin care shines online

Technology enabling new level of experiences for online beauty

Internet retailing soars in Asia Pacific

Competition between pure beauty players and online giants

Direct selling seeing growth acceleration as new players step in

Avon attempting big transformation

Future Developments

B eauty retail will evolve to meet consumer expectations

Online maintains momentum

Store retail is transforming to remain relevant amidst internet growth

Key takeaways

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Strategy Reports

Country Reports

Recently Viewed

Complete Catalogue

Strategy Reports

Country Reports