UK Health & Beauty Market

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UK Health Beauty Market Revenue
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Over the next five years, the UK Health Beauty
Market will be driven by product innovation,
consumers becoming more interested in their looks
and health, rising obesity and an ageing
population. Product advancements like
multi-purpose skincare and cosmetics, and
medicinal ingredients used more in health
beauty products will aid the market to grow by
over 23.0 by 2020.
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Key Findings Understand which categories within
health beauty will perform the best and offer
the most opportunities, using our expenditure
forecasts to 2020 Use our market share and
channels of distribution forecasts to find out
which retailers and channels pose the biggest
threat Discover our quarterly forecasts to Q4
2017 by sector, to understand short term growth
trends and how inflation and volumes will impact
the market Identify the market drivers and
inhibitors, and implement our strategies to
improve sales and maximize opportunities in this
price competitive sector Inflation will be driven
by the premium end of the market as smaller
retailers and beauty brands use innovation to
justify higher price points. Moreover, beauty
brands will encourage additional spend by
introducing newness more regularly- enticing
shoppers to impulse purchase.  
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Intense competition by the grocers and
discounters in everyday items such as toothpaste
and hand wash will impact expenditure as prices
are forced to stay low. Though volumes will
continue to increase as shoppers are enticed to
bulk buy products via promotions and
discounts. With the highest population growth in
the next five years, yet the lowest spend per
head, the 65s must be better targeted via
specialist product and tailored services and
marketing. Retailers will continue to miss out on
incremental spend unless they drive up basket
size and the frequency of shopping trips from
this consumer group.
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For more information on the research report,
refer to below link https//www.kenresearch.com/c
onsumer-products-and-retail/cosmetics-and-personal
-care/health-beauty-uk-sector-report/7081-95.html
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Australia Contact UsKen ResearchAnkur Gupta,
Head Marketing CommunicationsAnkur_at_kenresearch.
com91-9015378249
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