Category: Cosmetics
Cosmetics market research reports by Euromonitor International
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Health and Beauty Specialists in Australia
Beauty specialists in Australia recorded further dynamic growth in 2024, following a strong performance in 2022 and 2023. One of the ways in which beauty specialists has maintained growth during an economic downturn is through an established phenomenon called the “lipstick effect”, which involves co ... Read More
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Health and Beauty Specialists in Singapore
Health and beauty specialist retailers in Singapore saw value sales rise in 2024. Players recognise that consumers move fluidly between physical and digital channels, especially when shopping for experiential products such as perfume. These retailers are thus pursuing an omnichannel presence to meet ... Read More
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Health and Beauty Specialists in Indonesia
Health and beauty specialists registered current value growth in Indonesia in 2024. The category also saw a slight rise in outlet numbers during the year. The expansion in the store network was driven by pharmacies, as both beauty specialists and optical goods stores saw numbers stagnate, while heal ... Read More
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Health and Beauty Specialists in Saudi Arabia
Beauty specialist retailers in Saudi Arabia is becoming increasingly competitive as younger generations are more open to trying new brands. As trends like wellness, sustainability, and skinification emerge, retailers are adjusting their product mixes to meet evolving consumer demands. For example, F ... Read More
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Health and Beauty Specialists in Hong Kong, China
Despite further value growth in 2024, health and beauty specialists in Hong Kong experienced a mixed performance among the different categories. Following impressive double-digit growth the previous year, beauty specialists recorded the weakest performance in 2024 with a 4% value decline as consumer ... Read More
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Health and Beauty Specialists in Portugal
Health and beauty specialists maintained small positive value growth in Portugal in 2024. This is attributed to the beauty industry remaining relatively resilient to economic uncertainties, as consumers are noted to be more inclined towards feel-good spending over spending on products per se. Within ... Read More
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Health and Beauty Specialists in Vietnam
In 2024, health and beauty specialist retailers in Vietnam continued to post solid growth in value sales and outlet numbers. This momentum is being propelled by a surge in both inbound and local tourism. Many international travellers now prioritise buying health and beauty items during their trips, ... Read More
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Health and Beauty Specialists in Taiwan
Health and beauty specialists saw positive value growth in Taiwan in 2024. This is partly attributed to the entry of high-end beauty brands, such as Valentino, Gucci, and Celine, which signals a growing demand for luxury cosmetics and skincare products among local consumers. These prestigious labels ... Read More
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Health and Beauty Specialists in New Zealand
Although consumer spending has been limited in many product categories, beauty retailing bucked the downward trend and witnessed retail value growth in 2024. This trend was partly driven by price, but also due to the evergreen demand for beauty products. During economic downturns when consumers have ... Read More
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Health and Beauty Specialists in Chile
Beauty specialists in Chile has shown a strong resilience over the years, with its mix of products and the increasing interest among local consumers to portray a certain image, driving sales of items such as cosmetics, hair care, and fragrances. In 2024, the continued incorporation of global trends, ... Read More
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Health and Beauty Specialists in Turkey
Within health and beauty specialists in Turkey, optical goods stores saw a full return to pre-pandemic levels in terms of volume sales in 2024. Value sales had already recovered, driven by inflation-induced price increases. With tourism having started to increase in 2023, volume sales benefits as vi ... Read More
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Health and Beauty Specialists in Hungary
Overall current value sales growth for health and beauty specialists in Hungary in 2024 was markedly weaker than that recorded in 2023. This was mainly because pricing pressures eased significantly in tandem with rapidly falling inflation. However, with most consumers having recently experienced a s ... Read More
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Health and Beauty Specialists in Malaysia
In 2024, health and beauty specialists in Malaysia continued to reap the benefits of rising health awareness and a focus on one’s appearance and wellbeing. This has fostered an increased focus on personal wellbeing and image and a growing willingness to invest in beauty and consumer health products. ... Read More
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Health and Beauty Specialists in the Philippines
Health and beauty specialists in the Philippines posted robust performance in current value terms in 2024, buoyed by increased mobility and the return to their physical office environments which led to greater vibrancy in the brick-and-mortar retail landscape. Consumers are eager to maintain a polis ... Read More
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Health and Beauty Specialists in Thailand
Despite facing intense competition from other retail channels, health and beauty specialists remains an attractive channel for investors. The channel saw solid sales growth in current value terms in 2024 with this being supported by Thailand’s ageing society, the fact Thai consumers are starting to ... Read More
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Health and Beauty Specialists in Colombia
Beauty specialists maintained steady growth in 2024, despite the rising consumer price sensitivity in Colombia. Pricing strategies and discounted offers play a key role in supporting performance while specialist beauty stores registered the fastest growth. Medipiel is enjoying sustained growth due t ... Read More
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Health and Beauty Specialists in Poland
Health and beauty specialists continued to dominate the cosmetics retail landscape in Poland in 2024. Despite growing competition from discounters and online retailers, consumers still prefer the specialised expertise and product range offered by health and beauty specialists. To maintain their mark ... Read More
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Health and Beauty Specialists in Sweden
Health and beautiful specialists maintained positive value growth in Sweden in 2024. As the Swedish economy shows signs of improvement, with lower inflation, growing real wages, and improving consumer spending confidence, people are prioritising “feel good” spending. This can translate into spending ... Read More
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Health and Beauty Specialists in Italy
Pharmacies continued to perform well in Italy in 2024, achieving growth in both the number of outlets and in current value terms, backed by the expansion of leading pharmacy groups. Nonetheless, pharmacies experienced significant growth in the online channel, with e-commerce players gaining share fr ... Read More
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Health and Beauty Specialists in Romania
Overall, health and beauty registered healthy current value growth in Romania in 2024, with pharmacies continuing to be the biggest channel in terms of value sales. Pharmacies benefit from consumers' ongoing need for essential medicine and drugs, whether they are Rx or OTC. As such, this essential ... Read More
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Health and Beauty Specialists in Bulgaria
Health and beauty specialists in Bulgaria recorded higher growth in 2024 compared to the previous year, benefiting from improved macroeconomic conditions and rising consumer confidence. In 2023, high inflation and lower purchasing power had dampened discretionary spending, leading many consumers to ... Read More
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Health and Beauty Specialists in Brazil
Health and beauty specialists maintained growth in current value terms in Brazil in 2024. Pharmacies remained the leader in terms of value sales, and also saw the strongest value growth, as many of the products they carry are seen as essential, and spending on them takes priority when budgets are st ... Read More
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Health and Beauty Specialists in China
In 2024, current value sales and outlet numbers in beauty specialists in China grew slightly, with sales rising almost to the peak of sales seen in 2021. However, growth was only minimal due to the difficult macroeconomic environment, with ongoing inflation and cautious consumer spending, which slow ... Read More
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Health and Beauty Specialists in Argentina
Pharmacies experienced dynamic expansion in current value terms among health and beauty specialist retailers in Argentina in 2024. This growth was driven by a significant rise in medication prices since December 2023. During the first nine months of 2024, general inflation soared with triple-digit r ... Read More
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Health and Beauty Specialists in the US
It was a fluctuating year for beauty specialists in the US in 2024, as the channel saw low, nearly flat growth in current value terms. The lipstick effect, an economic theory that suggests consumers are more likely to buy small, affordable luxury goods during economic hardship, is holding strong. Se ... Read More
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