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Skin Care in Hong Kong, China

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    Report

  • 29 Pages
  • May 2024
  • Region: China, Hong Kong
  • Euromonitor International
  • ID: 221988
Beauty and personal care in Hong Kong greatly relies on tourism expenditure as a significant contributor to sales, representing at least 20% share pre-pandemic. The recovery of the tourism industry has played a crucial role in revitalising demand, particularly for skin care. As inbound tourists made a notable return to Hong Kong in 2023, following the easing of the city’s border, there was greater demand for skin care, helping to drive the double-digit growth of the category.

The Skin Care in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Body Care, Facial Care, Hand Care, Skin Care Sets/Kits.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Skin Care market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Tourism helps drive growth as premium skin care benefits the most
  • Local brands gain significance and drive offline presence
  • Skin care sets/kits remain key to attracting value-conscious consumers
PROSPECTS AND OPPORTUNITIES
  • Tourism to drive recovery and growth over forecast period
  • Private label and local brands to gain greater significance
  • Holistic beauty to drive product innovation to differentiate
CATEGORY DATA
  • Table 1 Sales of Skin Care by Category: Value 2018-2023
  • Table 2 Sales of Skin Care by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Skin Care: % Value 2019-2023
  • Table 4 LBN Brand Shares of Skin Care: % Value 2020-2023
  • Table 5 LBN Brand Shares of Basic Moisturisers: % Value 2020-2023
  • Table 6 LBN Brand Shares of Anti-agers: % Value 2020-2023
  • Table 7 LBN Brand Shares of Firming Body Care: % Value 2020-2023
  • Table 8 LBN Brand Shares of General Purpose Body Care: % Value 2020-2023
  • Table 9 LBN Brand Shares of Premium Skin Care: % Value 2020-2023
  • Table 10 Forecast Sales of Skin Care by Category: Value 2023-2028
  • Table 11 Forecast Sales of Skin Care by Category: % Value Growth 2023-2028
BEAUTY AND PERSONAL CARE IN HONG KONG, CHINA
EXECUTIVE SUMMARY
  • Beauty and personal care in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for beauty and personal care?
MARKET DATA
  • Table 12 Sales of Beauty and Personal Care by Category: Value 2018-2023
  • Table 13 Sales of Beauty and Personal Care by Category: % Value Growth 2018-2023
  • Table 14 GBO Company Shares of Beauty and Personal Care: % Value 2019-2023
  • Table 15 NBO Company Shares of Beauty and Personal Care: % Value 2019-2023
  • Table 16 LBN Brand Shares of Beauty and Personal Care: % Value 2020-2023
  • Table 17 Penetration of Private Label in Beauty and Personal Care by Category: % Value 2018-2023
  • Table 18 Distribution of Beauty and Personal Care by Format: % Value 2018-2023
  • Table 19 Distribution of Beauty and Personal Care by Format and Category: % Value 2023
  • Table 20 Forecast Sales of Beauty and Personal Care by Category: Value 2023-2028
  • Table 21 Forecast Sales of Beauty and Personal Care by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources