Health and Beauty Retailing in China – 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 China reached CNY398 billion in 2015 and is forecast to grow at a CAGR of 9.3% during 2015–2020, to reach CNY620 billion by 2020. The rising trend of rapid urbanization and increasing level of sophistication is driving spending levels on health and beauty care products. Expanding young and middle class populations and their aspirations for a better lifestyle have had a very strong impact on the health and beauty care sector.
Scope
• Online spending on health and beauty products accounts for 6.1% of the total retail sales in the segment in 2015
• The health and beauty segment accounted for 1.74% of the overall retail sales in 2015
• Specialist retailers continue to be the preferred channel for the purchase of health and beauty products in the country.
• Bulk sales of health and beauty products are sold through offline channels including hypermarkets, supermarkets, department stores, drug stores and health and beauty stores.
Reasons to Buy
Gain a comprehensive knowledge on health and beauty sector in the China 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
Watsons. 7-Eleven
Sephora
Tmall
Amazon China
Taobao
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