Press release
Health & beauty Retailing in Turkey Market to Grow at a CAGR of 11.8% by 2022 | Gratis, Watsons, ATU, Carrefour, Avon, Vakko, Atasun Optik, A101, Yves Rocher, Migros
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"Health & beauty Retailing in Turkey, 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 Turkey retail environment. In addition, it analyzes the key consumer trends influencing Turkey health and beauty industry.
Health & beauty is the fifth largest sector in the Turkish retail industry, accounting for 4.1% of total retail sales in 2017. Sector sales stood at TL28.7 billion in 2017 and are projected to grow the fastest at 11.8% CAGR during 2017-2022, reaching TL50 billion by 2022.
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Companies Profiled in this report includes: Gratis, Watsons, ATU, Carrefour, Avon, Vakko, Atasun Optik, A101, Yves Rocher, Migros
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
- Turkey retail market is forecasted to grow at a CAGR of 3.3% during 2017-2022
- Sector is estimated to grow the fastest, supported by growing private spending
- Entry of international brands and growing e-commerce boost category sales
- Government initiatives to provide better healthcare environment set to drive growth
- Drugstores and health & beauty stores set to dominate during the forecast period
- Growing internet penetration in Turkey drives strong online sales
- The sector is fragmented with the top 10 retailers accounting for 18.3% share in 2017
- Gratis was both the largest and fastest-growing retailer in 2017.
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Reasons to buy
- Gain a comprehensive knowledge on health and beauty sector in Turkey 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 Turkey retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.
Table of Content:
Key findings
The state of the nation
The state of retail
Health & beauty
Definitions
Methodology
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