Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Australian skincare consumers favour bulk deals and offers

Skincare remains the largest sector in the Australian Health & Beauty Industry. According to research by Canadean, the skincare segment is projected to grow in volume at CAGR (Compound Annual Growth Rate) of 2.3% to 2017. However, due to households low spending, the value growth will be significantly lower over at just 0.4%.

The Australian economy has grown strongly, led by strong raw material exports. However, high levels of household debt have led to lower consumer spending. According to Canadean, as budgets tighten, consumers tend to favour discount offers, in particular bulk deals thus impacting the market value growth.

Facial care is the largest category in the sector, with value and volume shares of 61.6% and 62.4% respectively in 2012. Growth is also expected to be positive and a value CAGR of 0.6% will set it above the sector average.

In 2012 body care was the second largest category, with a value share of 27.0%, and volume at 25.6%. According to Canadean, it is forecast to be poorest performing category to 2017, with a volume CAGR of 1.4% and a negative value CAGR of -0.7%.

Eventually, hand care will record the fastest growth in the sector for 2012 to 2017. The category’s value and volume should grow at a CAGR of 3.2% and 5.0% respectively to 2017, well above the sector average.

© 2013 - Premium Beauty News -
latest news
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
Victoria's Secret or the failure of a conservative positioning?

Laurence Bacilieri
Victoria’s Secret or the failure of a conservative positioning?

When the Victoria’s Secret show was cancelled it didn’t come as a surprise. In May, it was reported by The New York Times that the show would no longer be broadcast on network television. “We must evolve and change to grow. With that in mind, we have decided to re-think the traditional Victoria’s Secret Fashion Show". From 2001 to 2018, (...)

read more
E-shop - latest publications
Safety of perfumes and cosmetics. Belarus, Kazakhstan and Russia
200.00 € excl. tax
Regulations on the registration of cosmetic products in China (part1)
135.00 € excl. tax
United Kingdom: Premium Beauty Market Report
1700.00 € excl. tax
Go to top ↑


We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies