"Health and Beauty Specialist Retailers in Venezuela" Published

Like other channels, health and beauty specialist retailers suffered from an absence of basic personal care products and medicines in 2015. Those products whose prices are fixed at an artificially low level by the government saw severe shortages, with demand remaining unsatisfied. However, shortages affected many other products, especially those from abroad or which are highly dependent on imports. In this context of restricted supply, consumers became worried, with stores facing long queues and chaos every time a scarce product appeared.

Competitive Landscape

Farmatodo continued to lead health and beauty specialist retailers in 2015 with a 35% share of value sales, largely thanks to its 147 drugstores/parapharmacies. The company’s share rose by two percentage points in 2015 even though it did not open any new outlets.

Industry Prospects

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Retailers will continue to face problems applying effective differentiation strategies and implementing specific services in the context of the current regulatory environment.

Report Overview

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

The Health and Beauty Specialist Retailers in Venezuela 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:

* How big is the Health and Beauty Specialist Retailers channel in Venezuela?
* Who are the leading retailers in Venezuela?
* How is consumers’ desire to look good and stay health driving sales for health and beauty specialists?
* How are health and beauty specialists’ product mixes being adapted to consumers’ changing shopping patterns?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

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