Health and Beauty Retailing Industry in Canada - Market Is Forecast to Grow at a CAGR of 2.7% in 2015-2020, to Reach CAD12.2 Billion by 2020
The retail market for health and beauty products in Canada reached CAD10.7 billion in 2015 and is forecast to grow at a CAGR of 2.7% in 2015-2020, to reach CAD12.2 billion by 2020. Study economic conditions, urbanization, increasing health consciousness, and an increasing aging population have fueled the growth of the health and beauty category. Consumers continue to be value conscious and retailers are offering multifunctional products at competitive prices.
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