BEAUTY SURVEY 2016: KEY INSIGHTS AND SYSTEM UPDATE. October 2016

Similar documents
Color Cosmetics Market by Target Market (Prestige Products and Mass Products) and Application (Facial Make Up, Lip Products, Eye Make Up, and Nail

THE MULTIFACETED EVOLUTION OF GLOBAL BEAUTY IN-COSMETICS 2014 IRINA BARBALOVA HEAD OF BEAUTY AND PERSONAL

The Broadening Meaning of Green Beauty

Global Cosmetics Market Insights, Forecast to 2025

The new luxury in beauty

Premiumisation, gender fluidity and active ageing in colour cosmetics. Sunny Um Senior Analyst, Beauty & Fashion

Consumer and Market Insights: Skincare Market in France. CT0027IS Sample Pages November 2014

REVITALISING HAIR CARE: EXPLORING FUTURE GROWTH PROSPECTS

CATEGORÍAS DE PRODUCTO TERMINADO

FINANCIAL ANALYSTS MEETING

The Future of the Male Toiletries Market in the UAE to 2018

Global Cosmetics Market with Focus on Premium Cosmetics ( ) November 2016

Beauty Insights, Part 2: Men s Grooming Category Is Ready for Disruption

Global Underwear Market 2014

GLOBAL FEMININE HYGIENE MARKET & MILLENNIALS

GLOBAL COLOR COSMETICS MARKET ASSESSMENT

RUSSIA: The Jewel of the European Personal Care Market

About the Report. Booming Women Apparel Market in India

IDENTIFYING OPPORTUNITIES IN COLOUR COSMETICS JOANNA CHAN ANALYST, BEAUTY & FASHION K-BEAUTY EXPO 2017

Kline PRO: A powerful tool for the salon industry based on transactional data

Clothing & Footwear Retailing in Russia Market Summary & Forecasts

2015 Post-Show Report

2016 Post-Show Report

Understanding the Retail Sale of Cosmetics

Global Breast Implants Market Analysis and Forecast

in-cosmetics Asia 2012 APAC Personal Care Active Ingredients Market November 2012

Global Lip Care Market Professional Survey Report 2016

Beauty from within: wellness mix in skin care. Sunny Um Senior Analyst, Beauty & Fashion

Global Handbags Market Report

Global Handbags Market: Trends, Opportunities and Forecasts ( )

Cosmoprof India 2019 p JUNE 2019 COSMOPROF BOMBAY CONVENTION & EXHIBITION CENTRE (BCEC) INDIA MUMBAI

P O S T - S H O W R E P O R T

BRIEF UPDATE ON COSMETICS MARKET IN VIETNAM (as of November 2018)

2017 Post-Show Report

This unit is an optional unit included in the framework of the SQA Advanced Certificate /Diploma in Retail Management.

IMAGES Business of Fashion

Cosmetic Industry in Figures

Medical Aesthetic Devices: Technologies and Global Markets

The H&M group reaches customers around the world

Beauty Loyalty Programs: Sephora Vs. Ulta

Post-Show Report. The leading global event for personal care ingredients. Amsterdam RAI April


PT Gudang Garam Tbk (GGRM) - Financial and Strategic SWOT Analysis Review

2016 Post-Show Report

2014Q1 Beauty & Personal Care Products

Post-Show Report. The only event in Korea for personal care ingredients. LEARN EXPLORE NETWORK CREATE.

EXPO RIVA SCHUH Expo Riva Schuh is the key international trade event dedicated to the volume footwear sector. For over forty years now, supply and

IRI Pulse Report Personal Care

FACIAL SKIN CARE PRODUCT CATEGORY REPORT. Category Overview

Textile Per Capita Consumption

DPI Research. Global Breast Implants Market Analysis and Forecast Published: September Breast Implants Market

Affluent Insights 2016 Asian Luxury Travel Report. - The Pulse of the Asian Traveler Indian Travel Consumer Report.

Global Fast Fashion Market with Focus on The United States: Size, Trends & Forecast ( ) June 2016

CBI Trade Statistics: Jewellery

How to solve China s luxury puzzle

Global momentum drives growth NEW YORK LONDON MUMBAY STOCKHOLM MONTREAL OSLO MOSCOW BUENOS AIRES KUALA LUMPUR SAÕ PAULO CARACAS

Male grooming: both functional and emotional matters

June Hong Kong Jewellery & Gem Fair Exhibitor Survey Report

WORLD PRODUCTION AND CONSUMPTION OF CERAMIC TILES

Post Show Statistics

SUCCESSFUL GROWTH C20+ REGNSKABSPRISEN, 2 JUN 2016 PANDORA A/S BY PETER VEKSLUND, EVP & CFO

Pantone group. Pantone 255. World leading events for personal care ingredients. Pantone 369. Pantone 349. Pantone 213. Pantone 234.

2016 Post-Show Report

IRI Pulse Report Personal Care

International B2B exhibition for footwear, accessories, components and materials. Exhibition. #1in Russia

A Natural Beauty Revolution

Industry Research by Koncept Analytics

IRI Pulse Report Personal Care

EMERGENTSKY RUSSIA AESTHETIC MEDICINE MARKET REPORT JUNE 2014

PROPOSAL FOR COSMETICS, PERFUMERY AND PERSONAL CARE ITEMS SHOPPER STUDY

The International Exhibition for Textile Printing Technologies, Fabrics and Chemicals (PRINTING, FABRICS & CHEMICALS SPECIAL EDITION)

22-24 August 2019 CO-LOCATED WITH SUPPORTED BY

Targeting Millennials in Beauty Innovation. Tom Vierhile, Innovation Insights Director, and Lia Neophytou, Associate Analyst

Understanding the retail sale of cosmetics

SALES (EURO 7.94 BLN) AND TRADE SURPLUS (EURO 2.3 BLN) FOR

Scope of the Report Anti-Pollution Mask Market

Thailand s Jewelry Industry Overview 2016

95% 90% of the world s top 100 cosmetic manufacturers attend WHY GET INVOLVED WITH IN-COSMETICS EVENTS? IN-COSMETICS GROUP S 365 COMMUNITY

CONSUMER BEHAVIOUR AMONG WOMEN WITH SPECIAL REFERENCE TO COSMETICS ASHOK YAKKALDEVI

Case Study Example: Footloose

CO1C1 VTCT Level 1 Certificate in Hair and Beauty Skills (VRQ)

Milbon Co., Ltd. Financial Results Presentation Materials

Mr. Ira Livingston Managing Partner: LIC LLC for Cotton Incorporated. VI BRAZILIAN COTTON CONGRESS 15 August 2007

Starter Kit Mirror/Tray with your label on the back Disposable Tray, Facial Cloth, Profile Card, Pen & Beauty Book Skin Care Products

ADVANCED DIPLOMA OF BUSINESS BSB60215

Course Bachelor of Fashion Design. Course Code BFD16. Location City Campus, St Kilda Road

INDIAN APPAREL MARKET OUTLOOK

Business Use. P&G at Tor Vergata. Big Data Event 4th October 2018

TOOLING & TECHNOLOGY FOR THE ULTIMATE MACHINE. Medical

CO2C1 VTCT Level 2 Certificate in Hair and Beauty Skills (VRQ)

Italy. Eyewear Key Figures 2015

Georgian National Investment Agency

US Consumer Analysis: Apparel and Footwear. February, 2017

ANTIOXIDANT AUTHORITY. High potency formulas to improve skin health and combat aging

2017 Post-Show Report

Higher National Unit Specification. General information for centres. Fashion: Commercial Design. Unit code: F18W 34

Beauty and the Marketer

Study of category segmentation of Hair Care Products in India: An Overview

Post-Show Report. The leading exhibition and conference in Asia Pacific for personal care ingredients.

INFLUENCE OF FASHION BLOGGERS ON THE PURCHASE DECISIONS OF INDIAN INTERNET USERS-AN EXPLORATORY STUDY

Transcription:

BEAUTY SURVEY 2016: KEY INSIGHTS AND SYSTEM UPDATE October 2016

INTRODUCTION KEY INSIGHTS Targeting Premium Buyers Refining Naturals' Beauty Strategies Beauty Routines by Generations UPDATED SYSTEM OVERVIEW

INTRODUCTION Beauty Survey provides consumer insights to top industry players Why study the grooming routines, buying patterns and brand preferences of global beauty shoppers? Industry Evolution High intensity of innovations and new product developments characterise a constantly evolving industry and a growing need for gap assessment and consumer profiling. Consumer Demand Consumer preferences are changing on multiple levels: as people age, their hair and skin changes, their spending power changes, and as they become aware of new trends and products their beauty routines and attitudes evolve. To understand: Consumer beauty routines and product usage Purchase motivators and influencers Consumer brand perceptions

INTRODUCTION KEY INSIGHTS Targeting Premium Buyers Refining Naturals' Beauty Strategies Beauty Routines by Generations UPDATED SYSTEM OVERVIEW

TARGETING PREMIUM BUYERS Premium beauty buyers key characteristics Premium buyers tend to have more extensive beauty routines than non-premium buyers Consumers with Premium Preferences by Generation - 2016 Baby Boomers Generation X Millennials...stronger digital influence on their purchasing decisions Generation Z 0% 15% 30% 45% 60%...higher expectations of tangible results and good value for money equally important...more interest in natural ingredients and ethical quality brand than non-premium buyers. Hair Care Colour Cosmetics Skin Care Premium beauty brands most attractive target consumers are Generations Y and X, with over half of them expressing premium preferences across all three categories.

TARGETING PREMIUM BUYERS More extensive beauty routines among premium buyers Breakdown of Beauty Buyers by Type of Hair Care Routine 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Premium buyer Non-premium buyer Extensives (4-7 HC products used weekly) Moderates (2-3 HC products used weekly) Minimalists (0-1 HC products used weekly) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Breakdown of Beauty Buyers by Type of Skin Care Routine Premium buyer Non-premium buyer Extensives (8-14 SC products used weekly) Moderates (4-7 SC products used weekly) Minimalists (0-3 SC products used weekly) Breakdown of Beauty Buyers by Type of Make-up Routine 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Premium buyer Non-premium buyer Extensives (7-16 CC products used weekly) Moderates (2-6 CC products used weekly) Minimalists (0-1 CC products used weekly) Although globally consumers with extensive beauty routines are more likely to be premium buyers, regional differences are significant: while in China and South Korea over 50% of premium buyers are extensives, in countries such as France, Germany and the UK, premium buyers tend to be moderate users.

INTRODUCTION KEY INSIGHTS Targeting Premium Buyers Refining Naturals' Beauty Strategies Beauty Routines by Generations UPDATED SYSTEM OVERVIEW

REFINING NATURALS' BEAUTY STRATEGIES Mapping the market for green and natural beauty products Green features remain one of the top five traits that consumers look for in beauty products, before even brand names. Well-to-do consumers in emerging markets leading charge for green beauty. All-natural, plant-derived and free-from claims are the most powerful green features. Products associated with concentrated chemical ingredients or with deep penetration of skin or hair have the most latent green potential. Six in 10 green buyers are willing to pay more to get the natural and botanical ingredients they value. Across all three product categories tested, green product features, including natural or organic and environmentally-friendly or ethical rest among the top five features sought by internet-connected consumers in 2015 and 2016. Green features are secondary only to efficacy, suitability, and a quality-price balance in consumers decision-making for beauty products, and are actually more salient in purchasing deliberations than low prices and strong brand names. This strong importance placed on green features by consumers must be acknowledged and addressed by beauty brands, manufacturers and ingredient suppliers who are interested in sales growth. The market is going green, and smart companies will be greening right along with it, giving consumers the beauty products that they want.

REFINING NATURALS' BEAUTY STRATEGIES Where is demand for green beauty unmet and/or growing? Demand for natural or organic or environmentally-friendly or ethical features in beauty products varies substantially by market, with green features more prominent in selection decisions made by internetconnected consumers in emerging markets in East and South-east Asia and the Middle East. Desired Green Hair Care Features 2016 India Indonesia China Middle East Russia Turkey Colombia South Africa Thailand Mexico Brazil Poland Italy South Korea Australia France USA United Kingdom Germany Japan 0% 50% 100% Desired Green Skin Care Features 2016 Indonesia India China Middle East Turkey Russia Colombia Mexico South Africa Thailand Poland Brazil Italy South Korea Australia France USA Germany United Japan 0% 50% 100% Desired Green Cosmetics Features 2016 Indonesia India China Middle East Turkey Colombia Mexico Russia Italy Thailand Poland South Africa Australia Brazil France South Korea Germany United Kingdom USA Japan 0% 50% 100%

INTRODUCTION KEY INSIGHTS Targeting Premium Buyers Refining Naturals' Beauty Strategies Beauty Routines by Generations UPDATED SYSTEM OVERVIEW

BEAUTY ROUTINES BY GENERATIONS Changing routines at different life stages Extensive beauty routines most typical for consumers under 40 Millennials the most frequent users of all hair care products.....but Generation X is the most focused on skin care Desired hair care product features show subtle differences across generations Beauty routine evolution is both driven by and reflects industry-defining trends and changes in consumer behaviour. Technological and digital developments aid the increasing focus on personalisation in beauty. Consumer demand is moving from suitable for me towards a made for me level of customisation. This is achieved through individual product formulations, digital consultation on brands and retailers websites to find most suitable product ranges and smart devices and applications providing constant feedback on efficacy. The next generation of beauty innovations are going to be aligned better with trends of customisation to identified consumer base s characteristics and expectations with strong focus on product experience.

BEAUTY ROUTINES BY GENERATIONS Extensive beauty routines most typical for consumers under 40 Hair Care Routine Types by Age Group 2016 Skin Care Routine Types by Age Group 2016 Women s Make-up Routine Types by Age Group 2016 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Extensives (4-7 HC products used weekly) Moderates (2-3 HC products used weekly) Minimalists (0-1 HC products used weekly) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Extensives (8-14 SC products used weekly) Moderates (4-7 SC products used weekly) Minimalists (0-3 SC products used weekly) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Extensives (7-16 CC products used weekly) Moderates (2-6 CC products used weekly) Minimalists (0-1 CC products used weekly)

INTRODUCTION KEY INSIGHTS Targeting Premium Buyers Refining Naturals' Beauty Strategies Beauty Routines by Generations UPDATED SYSTEM OVERVIEW

SYSTEM OVERVIEW Who we surveyed and what we asked The Panel Over 20,000 online panellists participate in the Beauty Survey annually The Questionnaire 500+ questions measure consumers attitudes and behaviour relating to: Geographic coverage 20 emerging and developed markets Sample size 1,000 respondents per market Age distribution 15-70+ years old* Gender distribution In 2016 70% of respondents in each country were female, and 30% male Usage and Grooming Routines Professional Beauty Services Path to Purchase Brand Preferences & Perceptions Retrospective Changes in Usage * Due to limitations in internet penetration in certain emerging markets, the target age range does not extend all the way to age 69 in four markets: Indonesia, Middle East, Thailand, and Turkey.

SYSTEM OVERVIEW Country coverage: 20 markets surveyed UK, France, Germany, Italy, Turkey, Russia, Poland US, Mexico, Colombia, Brazil China, Japan, South Korea Middle East, South Africa India, Indonesia, Thailand, Australia Note: Middle East market pools responses from Egypt, Lebanon, Qatar (2016 only), Saudi Arabia, United Arab Emirates. A 21 st country, Nigeria, was surveyed only in 2015 and fielding was discontinued due to issues with recruiting online respondents.

SYSTEM OVERVIEW Category coverage: colour cosmetics, hair care and skin care Lipstick COLOUR COSMETICS Lip gloss Lip liner Tinted lip balm Nail polish or treatment Eye make-up (e.g. eye shadow, mascara, eyeliner, eye primer) Foundation Concealer Finishing facial powder Highlighter Blusher Bronzer BB cream or CC cream Primer Pore minimiser Oil blotter HAIR CARE Hair shampoo (wet) Hair shampoo (dry) 2-in-1 shampoo/conditioner Hair conditioner or treatment Hair styling products Heat protection spray Hair colour or dye In-home perm kit In-home relaxant kit Hair loss treatment SKIN CARE Acne treatments Face masks Facial cleansers Facial moisturisers Facial mists, sprays or waters Facial toners Anti-ageing products Pre-shave products Post-shave products Body moisturisers Hand care Untinted lip moisturisers (balms or creams) Sunscreen or dedicated sun protection products Self-tanning products

SYSTEM OVERVIEW Robust and relevant coverage 20 markets surveyed covers 80% of global beauty in retail value sales terms Skin care, hair care and colour cosmetics combined account for 55% of global beauty in retail value sales terms Companies Procter & Gamble Co Core Categories of Leading Beauty Players % of Sales by Category 2015 Colour Cosmetics Hair Care Skin Care 6% 30% 10% L Oréal Groupe 27% 29% 28% Unilever Group 1% 29% 16% Estée Lauder 41% 3% 33% Beiersdorf AG 0% 7% 51%

SYSTEM OVERVIEW Unique features Global comparability of millions of data points Syndicated, cost-efficient survey methodology Time series data, updated annually to allow identification and tracking of trends Analysis contextualising consumer habits and attitudes with broader industry trends Data visualisations and written analysis provide at-your-fingertips insights for system users Beauty Survey Beauty and Personal Care US$ million BB/CC Cream Retail Value Sales 2010-2015 2,000 1,500 1,000 500 0

SYSTEM OVERVIEW Beauty survey offers insight into the most relevant industry topics Usage frequency and grooming routines Obstacles to use Desired product features Functionality must-haves Green concerns Selection trade offs Purchase influencers Purchase outlets Brand perceptions Brand loyalty What are the most important product features for ageing consumers? What are the most powerful marketing influencers in colour cosmetics? How does channel positioning impact consumers brand perception? Whose usage is driving growth of new products, such as BB creams? What are the key hair concerns for consumers by hair type by region? Who are the most brand-loyal consumers? Who is open to trying new brands?

SYSTEM OVERVIEW Granular data organised by theme and topic, annually updated

SYSTEM OVERVIEW Standardised questions aid comparability Comparisons between countries, between consumer segments, between products within a category, and even between categories are all straightforward, thanks to standardised questions, translated into local languages for respondents.

SYSTEM OVERVIEW Data easily searched and analysed in state-of-the-art dashboards Keyword search enables users to find topics of interest quickly and easily. Interactive dropdown menus facilitate exploration of survey results and discovery of new, relevant insights.

SYSTEM OVERVIEW Two years of data visualised through state-of-the-art dashboards Results displayed in easy-to-read dot plots for current and previous years, with ability to change to current year only or custom set of years in the Change Topic area.

SYSTEM OVERVIEW Strategic analysis for greater insight Global Briefings Opinion Pieces Datagraphics Videocasts/Podcasts

SYSTEM OVERVIEW Range of research applications USAGE AND OCCASIONS Captures product usage in context, to help companies understand the different ways that various consumers across markets make use of products in their daily lives. Frequency of use by product Changes in usage from three years ago Product usage and related care activities at home and by beauty services professionals BRAND STRENGTH AND AWARENESS Core data on consumers consideration of, and loyalty to brands in the purchase decision-making process. Trade-off preferences involving brands and purchase decision-making Extent of brand loyalty Place of purchase for main brands Perceptions of each main brand used Subjective placement of brands along the mass to premium spectrum PURCHASE DECISION MAKING Examines product purchase frequency, typical price points and time spent deliberating. Also explores the why questions related to the purchase process: Sought-after and avoided product features Key traditional and digital media and other influencers Impetus and barriers to purchase CONSUMER SEGMENTS Data that enables profiling of key consumer segments usage and purchase decision-making for each product category. Sample segments include: High-potential new users Premium buyers Value buyers Millennials Baby boomers Digital natives

SYSTEM OVERVIEW Contact the Beauty Survey team Irina Barbalova Global Lead Beauty and Personal Care Eileen Bevis Head of Consumer Lifestyles and Survey Priyanka Bagde Survey Analyst Ildiko Szalai Senior Analyst Beauty and Personal Care Chethana ArunKumar Survey Associate

SYSTEM OVERVIEW Tell the whole story with Euromonitor International data BPC Forecast Model Analytics Income and Expenditure Consulting

Experience more... This research from Euromonitor International is part of a global strategic intelligence system that offers a complete picture of the commercial environment. Also available from Euromonitor International: Global Briefings Timely, relevant insight published every month on the state of the market, emerging trends and pressing industry issues. Interactive Statistical Database Complete market analysis at a level of detail beyond any other source. Market sizes, market shares, distribution channels and forecasts. Strategy Briefings Executive debate on the global trends changing the consumer markets of the future. Global Company Profiles The competitive positioning and strategic direction of leading companies including uniquely sector-specific sales and share data. Country Market Insight Reports The key drivers influencing the industry in each country; comprehensive coverage of supply-side and demand trends and how they shape future outlook. Learn More To find out more about Euromonitor International's complete range of business intelligence on industries, countries and consumers please visit www.euromonitor.com or contact your local Euromonitor International office: Bangalore +91 (80) 6774 0500 Cape Town +27 21 524 3000 Chicago +1 (312) 922 1115 Dubai +971 4 372 4363 London +44 (0) 207 251 8024 Santiago +56 2 2 9157200 São Paulo +55 11 2970 2150 Shanghai +86 21 603 21088 Singapore +65 6429 0590 Sydney +61 2 9581 9200 Tokyo +81 3 3436 2100 Vilnius +370 5 243 1577

THANK YOU FOR DOWNLOADING OUR REPORT LEARN MORE ABOUT OUR BEAUTY AND PERSONAL CARE RESEARCH http://www.euromonitor.com/beauty-and-personal-care CONTACT US http://www.euromonitor.com/contact-us