Bodycare Market - Global Annual Review - 2016
US $2,005.22 (Excl.Tax)Excl. Tax Buy Now
USA remains the dominant market for bodycare. Brazil occupies a distant second spot; the country’s economic situation can be classified as precarious as it struggles in midst of a recession.
India has been a growth market for bodycare sales with the highest CAGR over the last five years. Unlike most of its contemporaries, sales growth is expected to increase. International and domestic Indian companies vie for consumer bodycare purchases with Unilever the market leader. However, the company’s market share has declined steadily. In contrast, multinationals Beiersdorf and L’Oréal showed an uptick in % share from 2013-14 with India’s Emami Group also improving.
With a diversified economy, Domestic Product expected to eclipse China in 2015 and 2016, India remains a top tier investment market for skincare brands. India has been notorious for the difficulty of doing business in the country. It is just another indicator of the overall market’s revenue potential which can translate to very favourable skincare sales, especially for international brands which are sought after by an ever increasing number of middle class consumers.
European markets show an anaemic rise, at best, in sale projections from 2014-15 with loss in sales for both Italy and France. Encouragingly, Spain posted a positive change in sales that began in 2013-2014.
To learn more about this report, please contact us.
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.