Sales in the Cosmetics and Fragrances Sector Increased by 6.7% to Reach GBP 1.7bn.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c35556) has announced the addition of Cosmetics and Fragrances Market Report Plus 2006 to their offering. This Market Report Plus examines women's colour cosmetics that are primarily used for adornment, and male and female perfumes and fragrances. In 2005, retail sales of cosmetics and fragrances, as covered by this report, increased in value by an estimated 6.7% to GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.7bn at retail selling prices (rsp). Between 2001 and 2005, decorative cosmetics showed the strongest growth. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. figures from National Statistics, published on 15th December 2005, the volume of total UK retail sales across all sectors in the 3 months from September to November 2005 was 1% higher than in the previous 3 months, the highest since August 2004. More importantly, for the 3 months to November, the value of retail sales was 0.3% higher than in the same period a year earlier. However, expenditure on beauty products and treatments is discretionary, and is tied in with disposable income disposable income Portion of an individual's income over which the recipient has complete discretion. To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also . In 2004/2005, households in the lowest 10% by gross income decile decile one of the groups when a series of ranked data is divided into ten equal parts, or dividing points between such groups. See also quartile. group spent a weekly average of just GBP 2.80 on such products, compared with GBP 16.40 among those in the highest 10%. Although there are specialist personal-care manufacturing companies, such as L'Oreal, at the forefront of the market, clear leaders are the multinationals Unilever and The Procter & Gamble Company, whose diversified interests include cosmetics and fragrances. Procter & Gamble's acquisition of Gillette in 2005 created a consumer products group with annual sales of GBP 32bn, pushing rival Unilever into second place. The competitive marketplace means that such companies require substantial resources to maintain a product's market position, let alone to launch a new one. For example, in the year ending September 2005, main media advertising expenditure on women's fragrances was GBP 45.3m. Fragrance is a consumer product sector worth the considerable investment -- according to BMRB BMRB Biological Magnetic Resonance Data Bank BMRB British Market Research Bureau BMRB Boston Municipal Research Bureau BMRB Behavioral Medicine Research Building International Ltd's Target Group Index (TGI TGI Tribunal de Grande Instance TGI Target Group Index TGI Thank God It's Friday (US restaurant chain) TGI Tracheal Gas Insufflation TGI Tumor Growth Inhibition TGI Trato Gastrointestinal (Portugese) ) survey, in 2005, 88.7% of female respondents had used perfume perfume, aroma produced by the essential oils of plants and by synthetic aromatics. The burning of incense that accompanied the religious rites of ancient China, Palestine, and Egypt led gradually to the personal use of perfume. in the preceding 6 months. While Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). and the US remain the main markets for cosmetics and fragrances, those of Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. and China are growing rapidly, and companies are increasingly looking to expand in these regions as their own domestic markets become oversupplied. For example, in late 2005, L'Oreal announced the opening of a research centre on the outskirts of Shanghai. The value of retail sales of cosmetics and fragrances, as covered by this report, is anticipated to grow at a fairly modest rate (by between 1.9% and 2.2% a year) over the next 5 years (to 2010). Topics Covered Executive Summary 1. Market Definition 2. Market Size 3. Industry Background 4. Competitor Analysis Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. Created by Michael Porter competitor analysis focuses on four key aspects: competitor's objectives, competitor's assumptions, 5. Brand Strategy 6. Strengths, Weaknesses, Opportunities and Threats 7. Buying Behaviour 8. Current Issues 9. The Global Market 10. Forecasts 11. Company Profiles 12. Company Financials 13. Consumer Confidence 14. Further Sources Companies Mentioned --Avon European Holdings Ltd --Estee Lauder Cosmetics Ltd --L'Oreal (UK) Ltd --Procter & Gamble Ltd --Unilever PLC --The Body Shop International PLC --Boots Group PLC --Neal's Yard (Natural Remedies) Ltd --Lush Cosmetics Ltd --Merchant Retail Group PLC --Superdrug Stores PLC For more information visit http://www.researchandmarkets.com/reports/c35556 |
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