Despite being a well-established and mature category, colour cosmetics is still experiencing a positive performance, development of new formats and an increase in new players. For instance, in 2014, development of Korean colour cosmetic products was observed. These were appreciated for their good quality and price ratio. Moreover, such products fit well with the Asian look of Uzbekistani women. However, development of cosmetics is observed at the level of small entrepreneurs and small independent beauty specialist retailers, which import such products on their own with no official representatives in 2014.
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Competitive Landscape
In Uzbekistan, L'Oréal Groupe was the leading company in colour cosmetics with a value share of 22% in 2014. L'Oréal brands are perceived as being high quality in Uzbekistan. In addition to this, this company is widely advertised in mass media. The company’s range is constantly updated with new products, which allows it to respond in a timely manner to changing trends. In addition to this, the company’s price base responds well to the spending capabilities of major consumer groups in colour cosmetics.
Industry Prospects
The high share of independent beauty specialist retailers will continue to result in a fragmented product assortment and common evolvement and exits of new brands. This will limit the possibilities of larger players to impact trends from the supply side. Meanwhile, demand for colour cosmetics is set to rise and the consumer base set to expand further in Uzbekistan. Women are also becoming better educated about colour cosmetics and are expected to use more diverse product ranges in the future.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Colour Cosmetics industry in Uzbekistan 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 Colour Cosmetics industry in Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.
The?Colour Cosmetics in?Uzbekistan market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes 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:
* What is the market size of Colour Cosmetics in Uzbekistan?
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"Colour Cosmetics in Uzbekistan" Published
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001