PROSPECTS AND OPPORTUNITIES
Increasing focus on health and wellness to support skin care’s future prospects
Local consumers are increasingly health conscious and beauty brands have been tapping into this opportunity by focusing more on “inner beauty” health-related products. This is also driven by the belief that beauty begins with overall health.
Greater emphasis on derma skin care and technology
Some consumers in Hong Kong are increasingly interested in brands of skin care claiming greater efficacy as they are supported by scientific evidence. They seek solutions backed by dermatological research and clinical trials, while moving away from generic solutions and seeking personalised skin care regimens tailored to their specific skin concerns and conditions.
Organic beauty for a sustainable future
Local consumers are increasingly conscious of the environmental and the impact of their purchases, encouraging them to search for brands that prioritise sustainability, ethical sourcing, and cruelty-free practices. Organic skin care aligns with the growing emphasis on holistic wellbeing, with consumers drawn to products that are free from harmful chemicals and prioritise natural ingredients, as they are perceived as kinder to skin and overall health.
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Overview:
Understand the latest market trends and future growth opportunities for the Skin Care industry in Hong Kong, China 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 Hong Kong, China, 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 Hong Kong, China 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 Hong Kong, China?
- Which are the leading brands in Hong Kong, China?
- How are products distributed in Hong Kong, China?
- 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 Hong Kong, China - Category analysis
KEY DATA FINDINGS
Local consumers pay greater attention to vegan skin care
L'Oréal strengthens its leadership with strong growth and share gain
Beauty specialists remains most popular distribution channel for skin care
Increasing focus on health and wellness to support skin care’s future prospects
Greater emphasis on derma skin care and technology
Organic beauty for a sustainable future
Beauty and Personal Care in Hong Kong, China - 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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