DUBLIN--(http://www.researchandmarkets.com/research/c5mzvx/toiletries_market) has announced the addition of the "Toiletries Market Report Plus 2013" report to their offering.)--Research and Markets (
This Key Note Market Update examines the toiletries market in the UK. For the purpose of this report, the market has been divided into the following five sectors: skincare products; personal wash and bathroom products; hair care products; oral care products; and shaving products, for men and women. Overall, the total retail market is estimated by Key Note to have increased by 8% between 2008 and 2012, driven by the demand for products that are considered as an essential part of every-day grooming.
There have been a number of trends which have affected the market over recent years. This includes a boost in sales of anti-ageing products, while items containing natural or organic ingredients have also risen in popularity. The rise in male grooming is also thought to have influenced sales, with it becoming universally acceptable for male consumers to take greater care in improving their appearance, which has resulted in a boost in sales of toiletry products targeted solely at men.
The economy has had a detrimental effect on retail markets in the UK since the 2008/2009 recession, and the toiletries market has not been immune to these changes. Despite toiletries being considered essential items among Britons, many consumers have opted for own-brand toiletry products, as they attempt to cut back on their spending. While this may have devalued the industry somewhat, affecting sales of branded goods, in comparison to other consumer markets, the toiletries industry has remained fairly resilient.
One change which is likely to affect companies and brands involved in the toiletries industry, is the Cosmetic Products Regulation (1223/2009), which is due to come into effect and replace the current EU Cosmetic Directive (76/768/EEC) in July 2013. The major change the new legislation will impose is a ban on animal testing, and companies will be forced to find alternative methods for testing and developing products. While this change is supported by many, it could result in a greater amount of capital being spent by companies to develop products in the long-run.
In terms of the future of the toiletries industry, sales are forecast to increase continually until 2017. The on-going growth will be achieved as economic recovery continues and consumers invest in premium products. In addition, new product development (NPD) will also help to keep the industry up to date, with products that fit consumers' ever-changing needs continually being introduced into the market.
- Avon Cosmetics Ltd
- Estée Lauder Cosmetics Ltd
- L'Oréal (Uk) Ltd
- Procter & Gamble (Health & Beauty Care) Ltd
- Pz Cussons Plc
- Superdrug Stores Plc
- Unilever Plc
For more information visit http://www.researchandmarkets.com/research/c5mzvx/toiletries_market