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Health & beauty Retailing in Malaysia, Market May Witness Astonishing Growth: Key Players- Amway, Herbalife, Sephora
Health & beauty Retailing in Malaysia, Market
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Summary
"Health & beauty Retailing in Malaysia, Market Shares, Summary and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Malaysia retail environment. In addition, it analyzes the key consumer trends influencing Malaysia health and beauty industry.
Health & beauty is the fifth largest sector of the Malaysian retail industry, accounting for 6.6% of total retail sales, and is projected to produce the second fastest growth at 9.6% CAGR during 2017-2022. Healthcare is the dominating category, accounting for 71% of total sector sales.
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What else does this report offer?
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in health and beauty category group with their product proposition analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in health and beauty sector
- Qualitative and quantitative insights of changing retail dynamics in health and beauty sector.
Scope
- Malaysia retail market is forecasted to grow at a CAGR of 9.3% during 2017-2022
- Sector produces strong growth, supported by rising living standards and health awareness
- Rising awareness on self-grooming drives sales of cosmetics & toiletries
- Growing awareness about healthy lifestyles strengthening sales of healthcare products
- While specialists continue to dominate, online retail produces the fastest growth
- Online sales are projected to grow at 11.58% CAGR during 2017-2022
- Growing store count and surging online sales supported Watsons to lead the sector
- Watsons is the largest retailer and also registered the highest growth in 2017.
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Reasons to buy
- Gain a comprehensive knowledge on health and beauty sector in Malaysia retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in health and beauty category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the health and beauty market
- 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 Malaysia retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.
Companies Mentioned in the Report:
Watsons, Guardian, Cosway, Caring, Aeon, Avon, Amway, Herbalife, Sephora, Tesco
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HTF Market Intelligence Consulting Private Limited
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