"Health and Beauty Specialist Retailers in the United Kingdom" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Feb 15 2016

Health and beauty specialist retailers are struggling overall, as consumers became increasingly diversified in their shopping habits when buying consumer health or beauty and personal care. Healthfood shops, classified as "other" grocery retailers, are notably proving successful, with Holland & Barrett in particular attracting consumers via discounting and a wide range. Meanwhile apparel and footwear specialist retailers such as Primark and H&M are expanding their beauty and personal care ranges. The main challenge was however posed by internet retailing, which accounted for 10% of value sales in beauty and personal care and 11% in consumer health by 2015, up from 7% and 8% share respectively in 2010. Sales growth for chemists/pharmacies and drugstores/parapharmacies is also being impacted by poor sales growth for OTC remedies in the country, as many consumers shifted their focus from symptomatic relief to leading healthier lifestyles.

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Competitive Landscape

Boots is the leading player in overall health and beauty specialist retailers and also saw the strongest gain in value share amongst the leading players, gaining almost a percentage point to reach 43% share. The company benefits from numerous factors, including its large store network and strong internet retailing presence, popular Boots Advantage loyalty programme and heavy investment in advertising. Thanks to its economies of scale, the company is also able to offer frequent and attractive price promotions.

Industry Prospects

A number of divergent trends are expected to impact health and beauty specialist retailers in the forecast period. An ageing population and a strong health and wellness trend will support sales growth, boosting sales of products such as vitamins and dietary supplements and sports nutrition. Meanwhile economic growth will also encourage stronger impulse purchases in areas such as beauty and personal care, while also encouraging some consumers to trade up to premium products.

Report Overview

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

The?Health and Beauty Specialist Retailers in?United Kingdom market research report includes:

* Analysis of key supply-side and demand trends

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