Health and Beauty Retailing in Indonesia – 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 Indonesia reached IDR40188 billion in 2015 and is forecast to grow at a CAGR of 7.8% during 2015–2020, to reach IDR58376 billion by 2020. Sturdy economic conditions, urbanization, increasing health consciousness, and an aging population have fueled the growth of the health and beauty category.

Scope

• Online spending on health and beauty products accounts for 0.4% of the total retail sales in the segment in 2015

• The health and beauty segment accounted for 1.21% 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 of the 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 Indonesia 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

Guardian
Boston Health & Beauty 
The Body Shop
Beauty Box
Sephora

Table of Contents

1 Introduction

1.1 What is this Report About?

2 Executive Summary & Outlook

3 Market Context

3.1 A growing economy offers new opportunities to retailers

3.1.1 Retail sales recorded healthy growth despite recession

3.1.2 Indonesians spend more than they save

3.1.3 Services sector continues to be the major sector for employment

3.1.4 Volatile inflation levels will influence retail sales growth

3.1.5 Rise in consumption expenditure a positive sign for retailers

3.1.6 Increasing urbanization offers growth opportunities for retailers

3.2 Declining population growth rates may have a mild impact on retailing

4 Indonesian Shoppers

4.1 Online shopping has become order of the day

4.2 Rapid urbanization will fuel retail sales in the country

4.3 Shopping malls have become prime locations for retailing

5 Doing Business in Indonesia

5.1 Summary

5.1.1 Bureaucracy

5.1.2 Infrastructure and logistics

5.2 Latest business reforms in Indonesia

5.3 Indonesia eases rules for foreign investors

5.4 Business culture

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: Indonesia Health & Beauty Retail Sales (IDR bn), by Channel Group, 2010–2015

Table 2: Indonesia Health & Beauty Retail Sales Forecast (IDR bn), by Channel Group, 2015–2020

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

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

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

Table 6: Indonesia Health & Beauty Retail Sales (IDR bn), by Category, 2010–2015

Table 7: Indonesia Health & Beauty Retail Sales Forecast (IDR bn), by Category 2015–2020

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

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

Table 10: Key Health and Beauty Retailers in Indonesia

Table 11: Indonesia Exchange Rate IDR–USD (Annual Average), 2010–2015

Table 12: Indonesia Exchange Rate IDR–USD (Annual Average), 2016–2020 Forecasts

Table 13: Verdict Retail Channel Definitions

Table 14: Verdict Retail Category Definitions

Figures

Figure 1: GDP Value (US$ billion), 2010–2015

Figure 2: Growth Rate of GDP (US$ billion, %), 2010–2015

Figure 3: GDP Value and Growth (IDR billion, %), 2010–2015

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

Figure 5: Gross Domestic Savings Rate (% of GDP), 2005–2015

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

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

Figure 8: Inflation Growth Rates (%), 2005–2015

Figure 9: Household Consumption Expenditure of Indonesia (IDR billion), 2005 and 2015E

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

Figure 11: Growth of Household Consumption Expenditure (US$, %), 2005–2015

Figure 12: Rural and Urban Populations (millions) 2005, 2015, and 2020

Figure 13: Total Population and Growth Rate (Millions, %), 2005–2020

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

Figure 15: Population Split by Age Group (%), 2015 and 2020

Figure 16: Per Capita Spend on Retail (IDR), 2007 and 2015

Figure 17: Per Capita Spend (IDR) and Total Retail Spend by Age Group (%), 2007 and 2015

Figure 18: online shoppers in the country

Figure 19: Aeon’s shopping mall in Jakarta

Figure 20: Key Components of Doing Business in Indonesia

Figure 21: Share of Health and Beauty in overall Retail 2015 and 2020

Figure 22: Retail Sales Value and Growth (IDR billion, %) of Health and Beauty 2015–2020

Figure 23: Spend per Head on Health and Beauty 2015 and 2020

Figure 24: Online Spend in Health and Beauty 2015–2020

Figure 25: Online Share of total Health and Beauty Spend 2015 and 2020

Figure 26: Spending per Channel in Health and Beauty (%) 2015 and 2020

Figure 27: Indonesia Health & Beauty Retail Sales and Forecast (IDR bn), by Channel Group, 2010–2020

Figure 28: Indonesia Health & Beauty Retail Market Dynamics, by Channel Group, 2010–2020

Figure 29: Indonesia Health & Beauty Retail Sales and Forecast (IDR bn), by Category Group, 2010–2020

Figure 30: The Triangulated Market Sizing Methodology

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