Boston, MA -- (SBWIRE) -- 07/01/2014 -- Skin care products continued to perform well and reached R4.68 billion in 2012 up by 9% on the previous year. Mass products continue to perform well with leading market participants continually innovating. Promotions, discounting and advertising drove sales and growth as consumers continued to seek products with added value.
Unilever continues to dominate the South African skin care market with a value share of 25% in 2012. Avon ranked second with a share of 14%, followed by Beiersdorf of a share of 11%. Tiger brands and Johnson & Johnson both showed s value share of 8%.
Continuous innovation in the form of new product development will continue to act as a key driver of sales over the forecast period. Consumers will continue to demand quality and added value products with price sensitive mass consumers occasionally spending on aspirational brand. In-store product promotions and advertising will remain as prominent communication mediums with social media sites such as facebook, twitter and blogs playing an increasingly important role in marketing communication strategies. Value discounts will continue to intensify amongst leading market participants.
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Discover the latest market trends and uncover sources of future market growth for the Skin Care industry in South Africa with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Skin Care industry in South Africa, our research will save you time and money while empowering you to make informed, profitable decisions.
The Skin Care in South Africa market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Skin Care in South Africa?
- What are the major brands in South Africa?
- In which facial care category are skin whitening benefits most pronounced?
- How are sales of mass versus premium anti-agers evolving?
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Product coverage: Body Care, Facial Care, Hand Care.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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