+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Opportunities in the Asia-Pacific Skincare Sector: Analysis of Opportunities Offered by High growth Economies

  • ID: 4465602
  • Report
  • March 2019
  • Region: Asia Pacific
  • 101 pages
  • GlobalData
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 3

FEATURED COMPANIES

  • Avon Products Inc.
  • Chanel S.A.
  • Coty Inc.
  • L'oreal S.A
  • Mary Kay Inc.
  • Oriflame Cosmetics S.A.
  • MORE
Opportunities in the Asia-Pacific Skincare Sector: Analysis of Opportunities Offered by High growth Economies

Summary

The Asia-Pacific skincare sector, accounting for 54.7% share of the global market, was valued at US$70,826.3 million in 2018 and is forecast to reach US$99,545.9 million by 2023, growing at a CAGR of 7% during 2018-2023. Of all the categories, facial care held the largest share, accounting for 91.7% of total value sales in 2018, while body care, the second largest category, held a value share of 4.5%. With a projected CAGR of 7.2% during 2018-2023, the hand care category is set to record the fastest growth among all skincare categories in Asia-Pacific.

Hong Kong, China, South Korea, and Singapore emerged as the high potential counties for skincare products in the Asia-Pacific region. China, accounting for a market value of US$35,513.7 million, is set to record the fastest CAGR of 8.3% in the Asia-Pacific region during 2018-2023. The Asia-Pacific skincare sector is competitive with the top five companies - L'Oréal, KOSE Corporation, Shiseido Company, Limited, Amorepacific Corporation, and Procter & Gamble - accounting for a combined 29.2% value share in 2018.

Hypermarkets & supermarkets as a channel accounted for 21.8% of total value sales of skincare products in Asia-Pacific, while direct sellers recorded 15.9% value share in the same year. Among the high potential countries in the region, hypermarkets & supermarkets held the highest share of distribution in China, with 20.3% share of total sales. As for packaging formats, rigid plastics accounted for the largest share of package materials in the Asia-Pacific skincare sector with a volume share of 43.9% followed by flexible packaging with a volume share of 40.2% in 2018.

The report "Opportunities in the Asia-Pacific Skincare Sector", brings together multiple data sources to provide a comprehensive overview of the skincare sector in the region.

Companies mentioned: L'oreal S.A, Coty Inc., Avon Products, Inc., Oriflame Cosmetics S.A., Yves Rocher International, Chanel S.A., LVMH Moet Hennessy - Louis Vuitton, Mary Kay, Inc., The Estee Lauder Companies Inc., Vivienne Cosmetics AG

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, 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.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Avon Products Inc.
  • Chanel S.A.
  • Coty Inc.
  • L'oreal S.A
  • Mary Kay Inc.
  • Oriflame Cosmetics S.A.
  • MORE
1. Executive summary

2. Market size and growth analysis (Regional analysis)
Market Size Analysis - Asia-Pacific compared to other regions
Growth analysis by region
Growth Analysis by country
Growth Analysis by category

3. Identifying high potential countries in Asia-Pacific
Identifying high potential countries - Methodology
High potential countries in Asia-Pacific
Identifying high potential countries - Risk, reward and opportunity analysis

4. Market size and growth analysis (High potential countries in Asia-Pacific)
High potential countries in Asia-Pacific- Overview
Growth Contribution Analysis by Country (1/3)
Growth Contribution Analysis by Country (2/3)
Growth Contribution Analysis by Country (3/3)
Share of Skincare compared to other Cosmetics & Toiletries sectors
Change in consumption levels by country and Skincare sectors
Per Capita Consumption Analysis
Per Capita Expenditure Analysis

5. Country Profiles (High potential countries in Asia-Pacific)
Hong Kong
South Korea
China
Singapore

6. Success Stories
Skincare in Asia-Pacific : Case Studies

7. Company and Brand Analysis
Brand Share Analysis in the Skincare sector
Competitive Landscape - leading companies by categories in Skincare
Competitive Landscape - leading brands by categories in Skincare
Private Label penetration in the Skincare sector

8. Key Distribution Channels
Leading Distribution Channels by countries
Leading Distribution Channels by categories

9. Key package Formats
Growth analysis by key package material and container type
Growth analysis by closure type and primary outer type

10. Challenges and Future Outlook
Key challenges
Future Outlook

11. Appendix

List of Tables
Regional comparison: market size, growth, and per capita analysis, 2018-2023
High potential countries in Asia-Pacific - overview
Share of skincare compared to other cosmetics & toiletries sectors
Change in consumption levels by country and skincare sectors
Per capita consumption by categories in Asia-Pacific and high potential countries, 2018
Per capita expenditure by categories in Asia-Pacific and high potential countries, 2018
Hong Kong, key category value share, 2018
South Korea, key category value share, 2018
China, key category value share, 2018
Singapore, key category value share, 2018
Brand share analysis in the skincare sector
Leading companies in the Asia-Pacific skincare sector by volume sales (million liters), 2016
Leading brands (including private label) in the Asia-Pacific skincare sector by volume sales (million liters), 2016
Private label penetration in the skincare sector
Leading distribution channels by countries
Leading distribution channels by categories

List of Figures
Annual value growth analysis by region (2018-2023)
Annual volume growth analysis by region (2018-2023)
Value and volume growth analysis by country (2018-2023)
Value and volume growth analysis by category in Asia-Pacific (2018-2023)
Top four high potential countries in Western Europe
Country level contribution to the growth of body care skincare category in Western Europe, (2018-2023)
Country level contribution to the growth of depilatories category in Western Europe, (2018-2023)
Country level contribution to the growth of facial care category in Western Europe, (2018-2023)
Country level contribution to the growth of hand care category in Western Europe, (2018-2023)
Country level contribution to the growth of make-up remover category in Western Europe, (2018-2023)
Hong Kong skincare - demographic analysis
South Korea skincare - demographic analysis
China - demographic analysis
Singapore - demographic analysis
Key package material volume (units) share, 2018, unit volume growth by package material (2018-2023)
Key pack type volume (units) share, 2018, unit volume growth by container type (2018-2023)
Key closure type volume (units) share, 2018, unit volume growth by closure type (2018-2023)
Key primary outer type volume (units) share, 2018, unit volume growth by primary outer type (2018-2023)
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • L'oreal S.A
  • Coty Inc.
  • Avon Products Inc.
  • Oriflame Cosmetics S.A.
  • Yves Rocher International
  • Chanel S.A.
  • LVMH Moet Hennessy - Louis Vuitton
  • Mary Kay Inc.
  • The Estee Lauder Companies Inc.
  • Vivienne Cosmetics AG
Note: Product cover images may vary from those shown
Adroll
adroll