PROSPECTS AND OPPORTUNITIES
Farmacity set to expand further
Farmacity expanded its outlet network significantly during the review period with its Simplicity and Look chains in beauty specialists and Farmacity in pharmacies. The company’s expansion may have been even more extensive, if not for the restrictions placed on opening pharmacy chains in many provinces, primarily in Buenos Aires - the most important province in Argentina in economic and business terms.
Omnichannel strategies will remain important
Over the forecast period, health and beauty specialists are anticipated to continue to invest in and improve their omnichannel strategies. In order to boost online sales of product types like bath and shower, hair care, colour cosmetics, fragrances and personal hygiene items, chains like Farmacity benefited from the use of livestream shopping events during 2022 and 2023.
Removal of import barriers sales will positively impact future development
During the review period, import barriers had a serious impact on health and beauty specialists in Argentina, but this is changing impacting positively. Under these restrictions, chains like Juleriaque experienced shortages in several product categories, such as colour cosmetics and fragrances.
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Overview:
Understand the latest market trends and future growth opportunities for the Health and Beauty Specialists industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Health and Beauty Specialists industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Health and Beauty Specialists in Argentina report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Health and Beauty Specialists in Argentina?
- Which are the leading retailers in Health and Beauty Specialists in Argentina?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Health and Beauty Specialists in Argentina - Category analysis
KEY DATA FINDINGS
Rapid rise in current value sales for health and beauty specialists in 2024
Illegal trade remains threat to optical goods stores
Beauty specialists lags behind
Farmacity set to expand further
Omnichannel strategies will remain important
Removal of import barriers sales will positively impact future development
Retail in Argentina - Industry Overview
Retail in 2024: The big picture
End of Precios Justos
Changes in the competitive landscape
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Back to school
Mother’s Day
Father’s Day
Children’s Day
Wise Men Day
DISCLAIMER
The following categories and subcategories are included:
Health and Beauty Specialists
- Beauty Specialists
- Pharmacies
- Optical Goods Stores
- Health and Personal Care Stores
Health and Beauty Specialists
The aggregation of beauty specialists, pharmacies, optical goods stores, and health and personal care stores.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Health and Beauty Specialists research and analysis database.
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