Category: Cosmetics & Personal Care
Asia Cosmetics & Personal Care
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Hong Kong, China Hair Care
... products. With growing awareness of health and wellbeing, there is a shift towards more natural and clean formulations for hair care to reduce potential health risks associated with harmful chemicals. According to Euromonitor International’s Voice ... Read More
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Hong Kong, China Colour Cosmetics
... the recovery of tourist consumption had a positive impact on the category in 2023, recording both double-digit volume and value growth, although sales remained considerably lower than pre-pandemic levels. The return of social occasions among ... Read More
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China Eyewear
... see a slower but solid single-digit current value growth rate in 2024, with spectacles, contact lenses, and sunglasses all expected to show growth. On the one hand, in 2023 most of the pent-up demand due ... Read More
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China Contact Lenses and Solutions
... the one hand, the rapid expansion of sales in recent years has led to the increasing maturity of the category. Consequently, there has been a reduction in the influx of new consumers, resulting in a ... Read More
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Thailand Eyewear
... return to pre-pandemic patterns and habits. The result is increasing optimism in the local market. The return to offices, schools, out-of-home socialising and travel are supporting demand across all eyewear categories – especially in sunglasses. ... Read More
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Indonesia Sunglasses
... has slowed following the rapid recovery in the immediate wake of the COVID-19 crisis when it benefited from the full lifting of the pandemic restrictions and consumers’ “revenge traveling”. It is important to note that ... Read More
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Malaysia Sunglasses
... lifestyles. The revival of international air travel has caused an increase in duty-free sales through various airports, including sales of sunglasses. This has been supported by the opening of more duty-free shops, such as Heinemann ... Read More
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The Philippines Eyewear
... context of gradually improving economic conditions, including government efforts to contain inflation, which will encourage consumer spending. The concept of Business Process Outsourcing (BPO), which involves delegating certain business functions, such as customer service, to ... Read More
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Malaysia Eyewear
... lifestyles. Retailers are leveraging this trend to stimulate sales by offering frequent and regular discounts. At the same time, fast-fashion spectacles packages are becoming more prevalent, with this being driven by value-seeking behaviour. Most optical ... Read More
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China Spectacles
... growth trajectory. In terms of category performances, spectacle lenses is expected to continue leading with double-digit growth, driven by the ongoing trends towards upscale and specialised products. On the other hand, spectacle frames, as complementary ... Read More
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Indonesia Eyewear
... to their older counterparts. These notable differences include a greater emphasis on spending on experience rather than on possessions, though these experiences are then largely commodified in the form of social media content. This is ... Read More
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Thailand Spectacles
... regarded as essential by those who need them, and even when times are tough financially consumers will buy them, with many shifting from contact lenses in order to save money. Euromonitor International's Spectacles in Thailand ... Read More
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Malaysia Contact Lenses and Solutions
... demand. In the immediate aftermath of the pandemic, local consumers were gravitating towards frequent replacement lenses, motivated by high price-sensitivity and they sought to economise and focus their reduced purchasing power on essential products, such ... Read More
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Thailand Contact Lenses and Solutions
... be classified into three groups. First, those with eye problems who are looking for clear, classic-style lenses for everyday use. These consumers will also seek out more stylish options for special occasions, and the group ... Read More
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Thailand Sunglasses
... independent retailers are investing in expansion and renovation. Gentle Monster opened its first Thailand store at The EmQuatier in Bangkok. This 340sqm flagship store boasts unique décor and design and houses several popular and limited ... Read More
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Indonesia Spectacles
... seen from the hike in sales of spectacles that commonly happens in Indonesia towards the end of the year as spectacles are one of the health benefits that are usually provided by companies for permanent ... Read More
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Malaysia Spectacles
... trend is supported by the growing number of premium-positioned optical goods stores, such as Focus Point Signature, and Opulence, for example. Euromonitor International's Spectacles in Malaysia report offers a comprehensive guide to the size and ... Read More
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China Sunglasses
... level seen in 2021. Nevertheless, there are positive prospects. Both high-end and affordable brands are showing growth potential. High-end brands not only offer functionality, but also provide additional fashion attributes, which have gained higher value ... Read More
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The Philippines Contact Lenses and Solutions
... has led to the emergence of a growing number of optical goods stores, are which located in previously underserved areas outside the three major cities of Quezon, Manila, and Caloocan. These stores offer a choice ... Read More
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The Philippines Sunglasses
... context of gradually improving economic conditions, which will encourage consumer spending. The return of international tourists to the country will also have a positive influence on demand, as consumers return to their pre-pandemic lifestyles. Growth ... Read More
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The Philippines Spectacles
... government efforts to contain inflation, which will encourage consumer spending. The concept of Business Process Outsourcing (BPO has also seen an increase in popularity across the Philippines. With a significant percentage of its population fluent ... Read More
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Turkey Eyewear
... already recovered in current value terms, but this has largely driven by inflation-induced price increases. These prices have had a negative impact on demand, with some consumers unable to afford to replace their eyewear as ... Read More
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Turkey Sunglasses
... resulting in a decline in sales in retail volume terms, with dynamic value growth down to price hikes rather than an increase in demand. Despite this, there are still some more affluent Turkish consumers that ... Read More
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Turkey Contact Lenses and Solutions
... in particular often feel self-conscious about wearing spectacles around their peers and thus contact lenses represent a suitable alternative. Daily disposable lenses (DD) continues to see stronger sales in volume terms in 2024, although frequent ... Read More
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Turkey Spectacles
... by Turkey’s ageing population, coupled with a surge in myopia cases linked to increased usage of digital screens. Turkish consumers have taken to visiting an optometrist more frequently which has increased the demand for progressive ... Read More
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