Outlook: market performance
Article Abstract:
The skin care markets in France and the UK are expected to post modest real value growth, with 3.5% and 9.1%, respectively. The facial sector is also expected to lose share to the more dynamic body sector. UK sales of skin care will be fueled by an ageing population and growing female workforce. France is the only market expected to post positive real growth. Further segmentation of the upper mass market is expected as mass distribution expands. The Italian market is expected to remain static in real terms. But Germany and Spain are expected to suffer short-term decline and recover to 1996 levels in 2001. Meanwhile, fragmentation and stiff competition in the Spanish market will slow real skin care sales growth.
Comment:
Europe: Skin care markets in France and the UK are expected to post modest real value growth, with 3.5% and 9.1%, respectively
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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Total market size: market performance
Article Abstract:
Skin care market performance in Europe over the period 1992-1996 varied widely across the five major market. Performance declined 0.7% in Italy and grew 23.6% in the UK. Germany joined Italy in a real value decline of 5.1% over the review period. Spain and the UK posted nominal growth of 22-24% over the review period. The growth in the UK was fueled by an improving economy and good trading. An ageing population, changes in fashion and growing number of working women boosted demand for skin care in the region. Meanwhile, volume sales in Spain were fueled by constant new product introduction and competitive prices.
Comment:
Europe: Skin care market performance in Europe over the period 1992-1996 varied widely across the five major market
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Total market size: market performance
Article Abstract:
The cosmetics and toiletries market in Hungary is valued at $329.4 million at current market prices in 1997, up from $271.1 million in 1993 and $320.7 million in 1996. The industry, which reported a sales growth of 21.5% from 1993 to 1997, attributed the sales growth to the rising purchasing power of the population compared to other Eastern European countries considering its size. The Hungarian cosmetics and toiletries market, however, reported a slow growth than in other Eastern European countries but is considered more mature than most nations in the region.
Comment:
Hungary: Cosmetics & toiletries market is valued at $329.4 mil at current market prices in 1997, up from $271.1 mil in 1993
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: