Health and Beauty Retailing in Chile – Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

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The retail market for health and beauty products in Chile reached CLP1,369 billion in 2015 and is forecast to grow at a CAGR of 5.3% in 2015-2020, to reach CLP1,771 billion by 2020. Urbanization, increasing health consciousness, and an high percentage of obese population have fueled the growth of the health and beauty category.

Scope

• Online spending on health and beauty products accounts for 0.2% of the total retail sales in the segment in 2015 and is expected to remain at similar levels in 2020.

• The health and beauty segment accounted for 3.85% of the overall retail sales in 2015

• Bulk of the sales of health and beauty products are sold through offline channels including hypermarkets, supermarkets and drug stores.

Reasons to Buy

Gain a comprehensive knowledge on health and beauty sector in the Chile retail market and develop a competitive advantage from the start of your supply chain

Investigate current and forecast behaviour trends in health and beauty category to identify the best opportunities to exploit

Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior

Understand the performance of health and beauty product sector, with insights on performance across key channels from 2010, with forecasts until 2020

Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the health and beauty market

Analysis of key international and domestic players operating in the health and beauty market – including store counts and revenues that give you a competitive edge – identify opportunities to improve your market share

SalcoBrand
Socofar (Cruz Verde and Maicao)
Pre Unic
Casapichara
Farmacias Ahumada

Table of Contents

1. Introduction

1.1 What is this Report About?

2. Executive Summary & Outlook

3. Market Context

3.1 A relatively stable economy in the Latin American region

3.1.1 Dependency on exports and copper will have a transient effect on the economy

3.1.2 Consistent decline in savings rate is good sign for retail spending

3.1.3 Service remains the dominant sector for employment

3.1.4 Improving labor market set to drive retail spending

3.1.5 Stable inflation levels are healthy for the retail market

3.1.6 Household consumption expenditure is a result of improvement in Chileans spending

3.2 Balanced demography and optimistic economy will favor the retail market

4. Chile Shoppers

4.1 Convenience is the new trend in the Chilean retail market

4.2 Chile’s retail market is strong but problems prevail

4.3 Tourism and opportunities in Chile’s retail sector

4.4 Best-selling electronics in Chile

5. Doing Business in Chile

5.1 Summary

5.1.1 Bureaucracy

5.1.2 Business culture

5.1.3 Geography

5.1.4 Infrastructure and logistics

5.2 Key taxation policies

5.3 Tax reforms by the new government

6. Retail – Product Sectors

6.1 Product Sector Analysis

6.1.1 Health and Beauty

6.2 Health & Beauty Category Overview

6.2.1 Health& Beauty by Channel

6.2.2 Health & Beauty by Category

6.3 Major Retailers

6.3.1 Health and Beauty

7. Appendix

7.1 Definitions

7.1.1 This report provides 2015 actual sales; while forecasts are provided for 2016 – 2020

7.2 Summary Methodology

7.2.1 Overview

7.2.2 The triangulated market sizing method

7.2.3 Industry surveys in the creation of retail market data

7.2.4 Quality control and standardized processes

7.3 About Verdict Retail

7.4 Disclaimer

Table

Table 1: Chile Health & Beauty Retail Sales (CLP mn), by Channel Group, 2010–2015

Table 2: Chile Health & Beauty Retail Sales Forecast (CLP mn), by Channel Group, 2015–2020

Table 3: Chile Health & Beauty Retail Sales (US$ mn), by Channel Group, 2010–2015

Table 4: Chile Health & Beauty Retail Sales Forecast (US$ mn), by Channel Group, 2015–2020

Table 5: Chile Health & Beauty Segmentation (% value), by Channel Group, 2010–2020

Table 6: Chile Health & Beauty Retail Sales (CLP mn), by Category, 2010–2015

Table 7: Chile Health & Beauty Retail Sales Forecast (CLP mn), by Category 2015–2020

Table 8: Chile Health & Beauty Retail Sales (US$ mn), by Category, 2010–2015

Table 9: Chile Health & Beauty Retail Sales Forecast (US$ mn), by Category 2015–2020

Table 12: Key Health and Beauty Retailers in Chile

Table 10: Chile Exchange Rate CLP–US$ (Annual Average), 2010–2015

Table 11: Chile Exchange Rate CLP–US$ (Annual Average), 2016–2020

Table 12: Verdict Retail Channel Definitions

Table 13: Verdict Retail Category Definitions

Figures

Figure 1: GDP Values (Current US$) billion, 2010-2015

Figure 2: Growth Rate of GDP (Constant US$), 2010-2015

Figure 3: GDP Value and Growth (CLP billion, %), 2010-2015

Figure 4: Forecasts for GDP Value and Growth (CLP billion, %), 2015-2020

Figure 5: Personal Savings (%), 2005-2015

Figure 6: Share of Employment by Sector (%), 2005 and 2015

Figure 7: Unemployment Rate (%), 2005-2015

Figure 8: Inflation GDP deflator (annual %) 2005-2015

Figure 9: Household Consumption Expenditure of Chile (CLP billion), 2005 and 2015

Figure 10: Household Consumption Expenditure of Major Countries (US$ Billion), 2015

Figure 11: Growth of Household Consumption Expenditure (%), 2005-2015

Figure 12: Total Population and Growth Rate (Millions, %), 2005-2020

Figure 13: Population Split by Gender (%), 2015 and 2020E

Figure 14: Population Split by Age Group (%), 2015 and 2020E

Figure 15: Per Capita Spend on Retail (CLP), 2005 and 2015

Figure 16: Per Capita Spend (CLP) on Retail by Age Group (%), 2005 and 2015

Figure 17: Rural and Urban Populations (% of total population) 2005, 2015E and 2020E

Figure 18: Major cities with high spend on retail

Figure 19: Doing Business in Chile

Figure 20: Share of Health and Beauty in overall Retail 2015 and 2020

Figure 21: Retail Sales Value and Growth (CLP billion, %) of Health and Beauty 2015-2020

Figure 22: Spend-per-Head on Health and Beauty 2015 and 2020

Figure 23: Online Spend in Health and Beauty 2015-2020

Figure 24: Online Share of total Health and Beauty Spend 2015 and 2020

Figure 25: Spending per Channel in Health and Beauty (%) 2015 and 2020

Figure 26: Chile Health & Beauty Retail Sales and Forecast (CLP mn), by Channel Group, 2010-2020

Figure 27: Chile Health & Beauty Retail Market Dynamics, by Channel Group, 2010-2020

Figure 28: Chile Health & Beauty Retail Sales and Forecast (CLP mn), by Category Group, 2010-2020

Figure 29: The Triangulated Market Sizing Methodology

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