Skincare and Flexible Packaging Continue to Dominate Hong Kong’s Health & Beauty Market
The Skincare category continues to dominate Hong Kong’s Health and Beauty market, and leading consumer specialist new report, The Future of the Health and Beauty Packaging Market in Hong Kong to 2017 predicts that this will continue to 2017, growing at a CAGR of 6.96% between 2012 and 2017 – a significant step up from the market’s general growth at a CAGR of 4.79%.
In 2012, 84.4 million skincare packs were sold in the Hong Kong market, and Canadean forecasts this figure to rise at a CAGR of 6.13% to 2017, reaching 113.6 million packs sold.
This report is the result of extensive packaging market research covering retail Health & Beauty packaging in Hong Kong, and is an essential tool both for companies already active across the Health & Beauty sector, and for new players considering entry into Hong Kong’s expanding Health & Beauty market. It provides:
- Extensive and highly detailed time series consumption data on primary and outer packaging in the market.
- In-depth quantitative data on retail Health & Beauty packaging, covering key segmentations such as pack material and type, closure material and type, and outer information for the current year, as well as historical and forecast periods.
- Detailed category coverage, covering nine product categories that include: Feminine Hygiene, Fragrances, Haircare, Make-up, Male Toiletries, Oral Hygiene, Personal Hygiene, Skincare and Suncare.
- Comprehensive tables and charts that offer a breakdown of packaging consumption to clearly establish market trends, packaging dynamics, and future growth areas.
- Detailed clarification, by product category, where growth opportunities in packaging materials and types lie, to facilitate effective market planning.
- Analysis of shifting market dynamics to equip organizations and individuals with the knowledge they need to ensure maximum future sales.
Uniquely positioned to provide compelling, actionable market intelligence thanks to its rigorous research methodology – which encompasses internal resources, extensive desk research, market modelling, and the input of its panel of leading industry executives – we are able to combine research on general industry drivers and trends with expert’s attitudes and behaviours, making ‘The Future of the Health and Beauty Packaging in Hong Kong to 2017’ required reading for those serious about reacting to market trends and capitalising on opportunities in the Hong Kong Health and Beauty market.
Meanwhile, flexible packaging is expected to retain its stronghold on the market in terms of items sold, and is forecast to reach 96.4 million items per annum by 2017 – 72.5 million more than its closest rival, rigid plastics.