Boston, MA -- (ReleaseWire) -- 02/18/2014 -- This report provides a concise overview of the Skincare market in the UK. After reading this report, you will understand the size of the market, the economic, demographic, and behavioral trends that will drive its evolution and the leading companies within the market, allowing you to plan effectively for the future.
Introduction and Landscape
Why was the report written?
This overview of the consumer and market dynamics of the UK Skincare sector allows new entrants and established companies to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.
What is the current market landscape and what is changing?
The volume of Skincare products used in the UK will steadily increase during 2012-2017 at a CAGR slightly higher than that registered during 2007-2012. However, the market has experienced volatile growth in US$ terms due to fluctuating exchange rates, which has added complexity to the market for international companies operating in the UK Skincare market.
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What are the key drivers behind recent market changes?
With more than 35% of the population 50 years of age or older as of 2012, the population mix in the UK has been skewed towards the aging population, aided by the growing life expectancy rate. Therefore, with 38% of the country's population expected to age further by 2017, the future target for retailers should be the better off older consumer rather than the cash-strapped young consumers. A desire for tailored products along with age-based necessities drives demand in the UK Skincare market. Demand for Skincare products is also influenced by new gender behaviors along with consumers' desire to look more beautiful.
What makes this report unique and essential to read?
This report brings together consumer insight and market data to provide a comprehensive brief of the UK Skincare sector. This allows for the rapid identification of key growth opportunities across five Skincare categories and their packaging.
Key Features and Benefits
Analysis of consumer behavior, economic conditions, and demography reveals emerging opportunities in the Skincare sector in the UK.
Key growth categories are highlighted by analyzing the market dynamics of five Skincare categories: Body Care, Depilatories, Facial Care, Hand Care, and Make-up Remover.
Market shares are provided for the leading brands across the Body Care, Depilatories, Facial Care, Hand Care, and Make-up Remover categories.
An overview of packaging trends in the UK Skincare sector is provided, including primary packaging material and type, packaging closures, and outer packaging.
Key future trends are highlighted and analyzed in order to identify opportunities and threats in the Skincare sector.
Key Market Issues
Companies Mentioned in this Report: Beiersdorf AG, Unilever PLC, PZ Cussons Beauty LLP, Reckitt Benckiser plc, Church and Dwight Co., Inc., Smooth Appeal, L'Oreal S.A. ,The Procter and Gamble Company ,Revlon, Inc. ,
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