The retail market for Health and Beauty products in Belgium reached EUR2.9 billion in 2015 and is forecast to grow at a CAGR of3.3% in 2015-2020, to reach EUR3.4 billion by 2020. Urbanization, increasing health consciousness, and a high percentage of obese population have fuelled the growth of the health and beauty category.
Online spending on health and beauty products accounts for 4.7% of the total retail sales in the segment in 2015 and is expected to contribute 5.8% in 2020.
The health and beauty segment accounted for 4.14% of the overall retail sales in 2015
Bulk of the sales of health and beauty products are sold through offline channels including hypermarkets, supermarkets and drug stores.
“Health and Beauty Retailing in Belgium-Market Summary & Forecasts” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.
What else does this report offer?
A thorough analysis of consumer trends changing economic and population factors
Both qualitative and quantitative insights and analysis of the shifting health and beauty retail dynamics from 2010 to 2020
Sales of health and beauty products through the following channels from 2010 to 2020: Hypermarkets, supermarkets and hard-discounters; department stores; online; drug stores and health and beauty stores; other general and non-specialist direct retailers; cash and carries and warehouse clubs; convenience stores (including independents) and gas stations; duty free retailers; value, variety stores, general merchandise retailers and vending machines
An overview of key health and beauty retailers operating across Belgium and their presence across distribution channels
Reasons To Buy
Gain a comprehensive knowledge on health and beauty sector in the Belgium retail market and develop a competitive advantage from the start of your supply chain
Investigate current and forecast behaviour trends in health and beauty category to identify the best opportunities to exploit
Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behaviour
Understand the performance of health and beauty product sector, with insights on performance across key channels from 2010, with forecasts until 2020
Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the health and beauty market
Analysis of key international and domestic players operating in the health and beauty market-including store counts and revenues that give you a competitive edge identify opportunities to improve your market share
Ankur Gupta, Head Marketing & Communications
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