Shoppers Drug Mart, Canada (Health and Beauty) Shoppers Profile, Market Share and Competitive Positioning
Profile of retailer’s shopper base, key performance indicators, sales and market shares
Shoppers Drug Mart mostly attracts female shoppers (56%) due to its vast assortment of global beauty products. Its range of luxury beauty products also contributes to the popularity of the retailer. The retailer has its own brand product line, Thoughtful Choices, which includes makeup, menstrual products, and other oral and body products.
Shoppers Drug Mart held a steady market share in Canada’s health and beauty sector until 2019. It 2020, its market share spiked to 30%, from 28.9% in 2019. In 2021, 52.4% of Canadian consumers claimed to purchase health and beauty products from the retailer further; 40% claimed to shop at Walmart and 18.8% claimed to buy such products from Costco.
The retailer has taken multiple initiatives to expand its business and retain its market share. To strengthen its business proposition, Shoppers Drug Mart uses its pharmacy division, which is the prime revenue component for the retailer, attracting several customers to the store. Since 2021, the retailer has been administering COVID-19 vaccines in its stores, providing a community service for its customers, thereby gaining their loyalty and confidence.
Scope
– Shoppers Drug Mart’s vast assortment of health & beauty products appeals to customers
– Easy accessibility and a strong online proposition helped the retailer grow during COVID-19
– Shoppers Drug Mart’s focus on social welfare, convenience, and sustainability helps retain market share
Reasons to Buy
– Gain a comprehensive knowledge on Shoppers Drug Mart's business and develop a competitive advantage
– Investigate current trends in the health & beauty market to identify the best opportunities to exploit
– Analysis of key players in the health & beauty segment in the Canada
Key Players
Table of Contents
Get in touch to find out about our multi-purchase discounts
reportstore@globaldata.com
Tel +44 (0) 20 7947 2960
Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.
Still undecided about purchasing this report?
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.
Related reports
View more Drug Stores And Health And Beauty Stores reports
