PROSPECTS AND OPPORTUNITIES
Skincare will continue to evolve, with a trend among consumers to pay greater attention to ingredients and multifunctionality
Demand for skin care products is projected to continue growing steadily in retail sales in the Dominican Republic in 2025 and beyond. However, a large proportion of consumers are also expected to strike a balance between seeking affordable products and paying attention to products that include active ingredients which are perceived as being particularly effective.
Emerging local brands are carving out their niche with claims of using local ingredients and sustainability
Emerging local niche skincare brands seek to achieve positioning through differentiation claims and seeking a connection with local consumers in a more personalised way, appealing to the perception of being options that have a better understanding of the particularities of Dominican skin.
Skin care offerings evolve towards promises of accelerated results
Innovations in skin care aim to highlight immediacy in results and scientific validation of claims. In order for Dominican consumers to consider spending more on skin care, both attributes must go hand-in-hand.
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Overview:
Understand the latest market trends and future growth opportunities for the Skin Care industry in Dominican Republic 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 Skin Care industry in Dominican Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Skin Care in Dominican Republic 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 Skin Care in Dominican Republic?
- Which are the leading brands in Dominican Republic?
- How are products distributed in Dominican Republic?
- To what extent is e-commerce changing the retail environment and consumer demand?
- How are sales of mass versus premium beauty products evolving?
- Which products are seeing rising demand in the wake of COVID-19?
- Why are changing lifestyles and consumer behaviour patterns stimulating growth of some categories but not others?
- How is the macroeconomic environment shaping demand?
- Where is future growth expected to be most dynamic?
Skin Care in Dominican Republic - Category analysis
KEY DATA FINDINGS
Demand for skin care products continues to grow, despite consumers facing budget challenges
Premium ingredients are being incorporated into mass brands with increasing regularity
E-commerce and digital media continue to strengthen as ideal platforms for the launch of new skin care products
Skincare will continue to evolve, with a trend among consumers to pay greater attention to ingredients and multifunctionality
Emerging local brands are carving out their niche with claims of using local ingredients and sustainability
Skin care offerings evolve towards promises of accelerated results
Beauty and Personal Care in Dominican Republic - Industry Overview
Beauty and personal care in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for beauty and personal care ?
DISCLAIMER
The following categories and subcategories are included:
Skin Care
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- Premium Firming Body Care
- Mass Firming Body Care
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- Premium General Purpose Body Care
- Mass General Purpose Body Care
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- Premium Acne Treatments
- Mass Acne Treatments
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- Premium Face Masks
- Mass Face Masks
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- Premium Liquid/Cream/Gel/Bar Cleansers
- Mass Liquid/Cream/Gel/Bar Cleansers
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- Premium Facial Cleansing Wipes
- Mass Facial Cleansing Wipes
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- Premium Basic Moisturisers
- Mass Basic Moisturisers
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- Premium Anti-Agers
- Mass Anti-Agers
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- Premium Lip Care
- Mass Lip Care
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- Premium Toners
- Mass Toners
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- Premium Hand Care
- Mass Hand Care
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- Premium Skin Care Sets/Kits
- Mass Skin Care Sets/Kits
Skin Care
This is the aggregation of facial care, body care, hand care and skin care sets/kits.
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 Skin Care research and analysis database.
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