New Market Study Published: Health and Beauty Specialist Retailers in South Africa
Health and beauty specialist retailers increased by 11% in current value terms in 2012. This was significant growth when compared with the previous year, when growth of 8% was recorded. The channel saw higher growth due to an increase in the number of consumers opting to self-medicate, and a general increase in the middle-income population. Sales within this channel mostly come from consumers within the middle to high LSM groups; hence there was growth in sales as the middle-income population...
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