New Consumer Goods market report from Canadean: "Market Focus: Trends and Developments in the Haircare Sector in China"
Boston, MA -- (SBWIRE) -- 03/20/2014 -- This report provides a concise overview of the Haircare market in China. After reading this report, you will understand the size of the market, the economic, demographic, and behavioral trends that will drive its evolution and the leading players within the market, allowing you to plan effectively for the future.
Introduction and Landscape
Why was the report written?
This overview of the consumer and market dynamics of the Chinese Haircare sector allows new entrants and established players to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.
What is the current market landscape and what is changing?
Despite high growth during the past few years, per-capita Haircare consumption in China remains low. Low penetration of Haircare products, high growth, and a large market size makes the Chinese Haircare sector an attractive market.
What are the key drivers behind recent market changes?
The most influential motivation is Changing Age Structures, which tracks products chosen to meet consumers' age-specific needs, followed by Quality Seeking.
View Full Report Details and Table of Contents
What makes this report unique and essential to read?
This report brings together consumer insight and market data to provide a comprehensive brief of the Chinese Haircare sector. This allows for the rapid identification of key growth opportunities across major Haircare categories and their packaging.
Key Features and Benefits
Analysis of consumer behavior, economic conditions, and demography reveals emerging opportunities in the Haircare sector.
Key growth categories are highlighted by analyzing the market dynamics of major Haircare categories.
Market shares are provided for the leading brands and private labels across Haircare categories.
An overview of packaging trends in Chinese Haircare sector is provided, including primary packaging material and type, packaging closures, and outer packaging.
Key Market Issues
China is the world's second largest retail market, recording double digit annual growth since 2003. However, the overall retail market remains highly fragmented between large format organized retail and small and medium sized retailers.
Convenience Stores have a high share in Haircare products distribution, disproportionate to its share in overall Health and Beauty products distribution in China, offering brands in the low to mid-range.
Tweens and Early Teens in China display lesser propensity for heavy consumption as personal appearance is yet to gain importance in their life.
Perms and Relaxers have less than 1% value share in China's Haircare market. With Chinese hair being largely straight, thick and coarse, perms have limited scope to provide a durable wave to the hair.
Companies Mentioned in this Report: China Resources Enterprise, Lianhua, Auchan, Walmart, Carrefour, PandG, Unilever Plc., YoruklerDi?Ticaret A.?.
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