Summary
The retail market for health and beauty products in Chile reached CLP1,369 billion in 2015 and is forecast to grow at a CAGR of 5.3% in 2015-2020, to reach CLP1,771 billion by 2020. Urbanization, increasing health consciousness, and an high percentage of obese population have fueled the growth of the health and beauty category.
Key Findings
- Online spending on health and beauty products accounts for 0.2% of the total retail sales in the segment in 2015 and is expected to remain at similar levels in 2020.
- The health and beauty segment accounted for 3.85% of the overall retail sales in 2015
- Bulk of the sales of health and beauty products are sold through offline channels including hypermarkets, supermarkets and drug stores.
Synopsis
“Health and Beauty Retailing in Chile - Market Summary and Forecasts” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.
What else does this report offer?
- A thorough analysis of consumer trends changing economic and population factors
- Both qualitative and quantitative insights and analysis of the shifting health and beauty retail dynamics from 2010 to 2020
- Sales of health and beauty products through the following channels from 2010 to 2020: Hypermarkets, supermarkets and hard-discounters; department stores; online; drug stores and health and beauty stores; other general and non-specialist direct retailers; cash and carries and warehouse clubs; convenience stores (including independents) and gas stations; duty free retailers; value, variety stores, general merchandise retailers and vending machines
- An overview of key health and beauty retailers operating across Chile and their presence across distribution channels
Reasons To Buy
- Gain a comprehensive knowledge on health and beauty sector in the Chile retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behaviour trends in health and beauty category to identify the best opportunities to exploit
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior
- Understand the performance of health and beauty product sector, with insights on performance across key channels from 2010, with forecasts until 2020
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the health and beauty market
- Analysis of key international and domestic players operating in the health and beauty market - including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share
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1. Introduction
1.1 What is this Report About?
2. Executive Summary and Outlook
3. Market Context
3.1 A relatively stable economy in the Latin American region
3.1.1 Dependency on exports and copper will have a transient effect on the economy
3.1.2 Consistent decline in savings rate is good sign for retail spending
3.1.3 Service remains the dominant sector for employment
3.1.4 Improving labor market set to drive retail spending
3.1.5 Stable inflation levels are healthy for the retail market
3.1.6 Household consumption expenditure is a result of improvement in Chileans spending
3.2 Balanced demography and optimistic economy will favor the retail market
4. Chile Shoppers
4.1 Convenience is the new trend in the Chilean retail market
4.2 Chile's retail market is strong but problems prevail
4.3 Tourism and opportunities in Chile's retail sector
4.4 Best-selling electronics in Chile
5. Doing Business in Chile
5.1 Summary
5.1.1 Bureaucracy
5.1.2 Business culture
5.1.3 Geography
5.1.4 Infrastructure and logistics
5.2 Key taxation policies
5.3 Tax reforms by the new government
6. Retail - Product Sectors
6.1 Product Sector Analysis
6.1.1 Health and Beauty
6.2 Health and Beauty Category Overview
6.2.1 Healthand Beauty by Channel
6.2.2 Health and Beauty by Category
6.3 Major Retailers
6.3.1 Health and Beauty
7. Appendix
7.1 Definitions
7.1.1 This report provides 2015 actual sales; while forecasts are provided for 2016 - 2020
7.2 Summary Methodology
7.2.1 Overview
7.2.2 The triangulated market sizing method
7.2.3 Industry surveys in the creation of retail market data
7.2.4 Quality control and standardized processes
7.3 About Verdict Retail
7.4 Disclaimer
Table 1: Chile Health and Beauty Retail Sales (CLP mn), by Channel Group, 2010-2015
Table 2: Chile Health and Beauty Retail Sales Forecast (CLP mn), by Channel Group, 2015-2020
Table 3: Chile Health and Beauty Retail Sales (US$ mn), by Channel Group, 2010-2015
Table 4: Chile Health and Beauty Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020
Table 5: Chile Health and Beauty Segmentation (% value), by Channel Group, 2010-2020
Table 6: Chile Health and Beauty Retail Sales (CLP mn), by Category, 2010-2015
Table 7: Chile Health and Beauty Retail Sales Forecast (CLP mn), by Category 2015-2020
Table 8: Chile Health and Beauty Retail Sales (US$ mn), by Category, 2010-2015
Table 9: Chile Health and Beauty Retail Sales Forecast (US$ mn), by Category 2015-2020
Table 12: Key Health and Beauty Retailers in Chile
Table 10: Chile Exchange Rate CLP-US$ (Annual Average), 2010-2015
Table 11: Chile Exchange Rate CLP-US$ (Annual Average), 2016-2020
Table 12: Verdict Retail Channel Definitions
Table 13: Verdict Retail Category Definitions
SalcoBrand
Socofar (Cruz Verde and Maicao)
Pre Unic
Casapichara
Farmacias Ahumada
