Hong Kong’s Skincare market remains optimistic for secure growth between 2007-2017

Wednesday 3 July 2013, Amsterdam

Hong Kong has reason to be optimistic as the skincare market is set for steady growth, according to this new report ‘The Future of the Skincare Market in Hong Kong to 2017’. Over the forecast period (2013-2017), the Skincare sector is predicted to grow at a CAGR of 6.96%.

      

The Facial Care sector will see the largest category growth – at a CAGR of 7.38% between 2007 and 2017, whilst the make-up remover sector will suffer a marked decline – at a CAGR of 3.19% during the same period.

The report examines:

• The components of change in the market by looking at historic and future growth patterns, including the effects of consumers’ behavior on total volumes, values, brands selected and types of product chosen.
• Provides the latest, detailed data on dynamics in Hong Kong’s Skincare market, providing marketers with the essential data to understand their own, and their competitors’ position in the market and the information to accurately identify where to compete in the future.

This information will facilitate:

• Your understanding of key trends in Hong Kong’s Skincare sector, as well as the components of change behind them.
• The promotion of growth in your business with data on brand dynamics and distribution trends.
• Understanding your own, and your competitors’ position in Hong Kong’s Skincare market in order to accurately identify where to compete in the future.

Most secondary research reports are based on industry drivers and do not understand the industry executives’ attitude and changing behaviours. Thanks to its rigorous research methodology – which encompasses internal resources, extensive desk research, market modelling, and the input of its panel of leading industry executives – We are able to combine research on general industry drivers and trends with experts’ attitudes and behaviours, making ‘The Future of the Skincare Market in Hong Kong to 2017’ essential reading for those serious about reacting to market trends and capitalizing in the Skincare Market.