Ken Research - UK Health & Beauty Market Future Outlook

Health & Beauty in the UK Over the next five years, the UK Health & Beauty Market will be driven by product innovation, consumers becoming more interested in their looks and health, rising obesity and an ageing population. Product advancements like multi-purpose skincare and cosmetics, and medicinal ingredients used more in health & beauty products will aid the market to grow by over 23.0% by 2020. Key Findings Understand which categories within health & beauty will perform the best and offer the most opportunities, using our expenditure forecasts to 2020 Use our market share and channels of distribution forecasts to find out which retailers and channels pose the biggest threat Discover our quarterly forecasts to Q4 2017 by sector, to understand short term growth trends and how inflation and volumes will impact the market Identify the market drivers and inhibitors, and implement our strategies to improve sales and maximize opportunities in this price competitive sector Inflation will be driven by the premium end of the market as smaller retailers and beauty brands use innovation to justify higher price points. Moreover, beauty brands will encourage additional spend by introducing newness more regularly- enticing shoppers to impulse purchase.