Opportunities in the Western Europe Skincare Sector: Analysis of Opportunities Offered by High-Growth Economies

Opportunities in the Western Europe Skincare Sector: Analysis of Opportunities Offered by High-Growth Economies

Summary

The skincare sector in the Western Europe is the third largest market globally with a value share of 18.4% in 2018, and is expected to grow at a CAGR of 2.5% during 2018-2023. Facial care is the largest category in the sector, accounting for 71.5% of overall value sales in 2018. The top five brands in the overall skincare sector in the region accounted for 15.7% of overall value sales in 2018. Hypermarkets & supermarkets is the leading distribution channel in the Western European skincare sector, with a total value share of 30.7% in 2018. Rigid plastics is the most commonly used packaging material in the region, with 53.6% market share in 2018.

This report brings together multiple data sources to provide a comprehensive overview of the region's skincare sector. It includes market overview, high growth country analysis, top brands, key distribution channels, packaging formats and case studies.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the skincare sector in the region. It includes analysis on the following -
- Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions
- Change in consumption: Analysis on the shift in consumption of skincare categories across the key countries in the region.
- High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
- Country analysis: Provides deep-dive analysis of high potential countries covering value growth during 2018-2023, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
- Brand analysis: Provides an overview of leading brands in the region, besides analyzing the growth of Private Label products in the region.
- Key distribution channels: Provides analysis on the leading distribution channels for skincare across the key countries in the region, in 2018. It covers these distribution channels - health & beauty stores, hypermarkets & supermarkets, direct sellers, food & drinks specialists, convenience stores, department stores and others, which includes cash & carries & warehouse clubs and vending machines and other retailers.
- Preferred packaging formats: The report provides percentage share (in 2018) and growth analysis (during 2013-2023) for various packaging materials, container, closure, and outer types based on the volume sales (units) of skincare products.

Reasons to buy

- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.