"Health and Beauty Specialist Retailers in China" now available at Fast Market Research

Benefiting from rising awareness of how to improve health and wellness, as well as the pursuit of personal grooming and appearance, health and beauty specialist retailers posted stable growth in current value terms in 2015. Consumers are able to access the wide product information and knowledge, product variety and professional services offered in store; this is the most significant strength of health and beauty specialist retailers in China. Pharmacists, beauty sales consultants and opticians who are on-the-spot and armed with the relevant expertise and skills are able to provide consumers with a reliable and personal service, and address their individual needs.

Competitive Landscape

AS Watson (Group) HK maintained the lead in the extremely fragmented environment of health and beauty specialist retailers in 2015, mainly due to its extensive store presence. The company continued its robust expansion in terms of outlet numbers in 2015, especially in lower-tier areas. Thanks to high brand awareness, a wide range of products (particularly private label products) ranging from beauty and personal care to tissue and hygiene products, good store locations, as well as enthusiastic and professional staff in its stores, Watson performed well and built consumer loyalty.

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Industry Prospects

Health and beauty specialist retailers is expected to increase by a value CAGR of 3% at constant 2015 prices over the forecast period, mainly driven by continuous expansion and penetration, in line with increasing consumer consciousness of health and personal appearance. Moreover, thanks to rising disposable incomes and sophisticated knowledge, consumers may trade up to premium brands and products in the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Health and Beauty Specialist Retailers industry in China 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 China, our research will save you time and money while empowering you to make informed, profitable decisions.

The?Health and Beauty Specialist Retailers in?China 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



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