Health and Beauty Specialist Retailers in Vietnam - New Market Study Published

From: Fast Market Research, Inc.
Published: Mon Mar 14 2016


Aggressive distribution expansion is the most important factor impacting health and beauty specialist retailers in 2015, with stronger outlet and selling space growth. In 2014, outlets grew by 1% and selling space by 2%. In 2015, these growth rates have increased, with outlets witnessing marginally faster growth and selling space increasing by 3%. Between 2014 and 2015, Giant South Asia (Vietnam) Ltd, which owns the Guardian health and beauty care chain, has increased its stores from 25 to 31. Orient Beauty Corp, which distributes Skin Food cosmetic products, has increased its stores from 16 to 20. TBS (Vietnam) Co Ltd, which distributes The Body Shop cosmetic products, has increased its stores from 18 to 20, while Wollyong Vietnam Co Ltd, which distributes Nature Republic cosmetic products, has increased its stores from 7 to 16.

Competitive Landscape

Full Report Details at
- http://www.fastmr.com/prod/1127878_health_beauty_specialist.aspx?afid=302

In 2015, Medicare Co Ltd led health and beauty specialist retailers with a 2% value share. This is due to its massive expansion in distribution. In 2014, Medicare had 14 outlets, but has increased that number in 2015, reaching 34.

Industry Prospects

The most important factor for key players in driving the growth of health and beauty specialist retailers will be distribution expansion. The channel is predicted to record a value CAGR of 6% at constant 2015 prices, up from its review period CAGR of 5%. Many major players are expected to target their coverage expansion in urban and suburban areas. Some may also target developing, rural areas as well. In addition, with predicted growth in the average incomes over the forecast period, consumption of health and beauty products will increase.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Health and Beauty Specialist Retailers industry in Vietnam with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Health and Beauty Specialist Retailers industry in Vietnam, our research will save you time and money while empowering you to make informed, profitable decisions.

The Health and Beauty Specialist Retailers in Vietnam market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic number of stores, selling space and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

About Fast Market Research

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- Health and Beauty Specialist Retailers in the Netherlands
- Health and Beauty Specialist Retailers in Switzerland

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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