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Asia Personal Care & Cosmetics Market Guide 2016

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• Population changes will shape emerging needs. Population projections show that by 2021, for every<br />

100 people in Auckland, in New Zealand’s largest city, 53 will be European, 27 will be of <strong>Asia</strong>n<br />

heritage, 17 will be Pacific Islanders and 12 will be Maori.<br />

• Focus on product safety and environmentally friendly products<br />

• An increase in online sales<br />

Consumer Profile<br />

The majority of New Zealand's population is of European descent, with the indigenous Maori being the<br />

largest minority (14.6 percent), followed by <strong>Asia</strong>ns (9.2 percent) and non-Māori Pacific Islanders (6.9<br />

percent). The median income from wages and salaries across all jobs in June 2014 was about US$33,000<br />

before tax (includes full and part-time jobs). New Zealand households are currently in a spending mode<br />

and economic forecasts record that household spending will continue to strengthen as the economy<br />

responds to a stronger housing market, population growth (immigration) and lower interest rates.<br />

Women are known to shop more regularly than men, and more likely to purchase on behalf of other<br />

family members.<br />

Most Important Factors to New Zealanders When Deciding to Buy<br />

Global Brand<br />

Local Brand<br />

53 Better Price/Value 43<br />

35 Previous Experience with Product was<br />

33<br />

Good<br />

37 On Sale/Promotion 29<br />

30 Product Benefits are Better 32<br />

15 Safer Ingredients and Processing 21<br />

Base: n = 500<br />

Source: Global Brand-Origin Survey published FMCS Business, June <strong>2016</strong><br />

Product Trends<br />

Representative retail prices for the following products (New Zealand Dollars)<br />

Products Mass <strong>Market</strong> Premium<br />

Low High Low High<br />

Perfume $10 $50 $55 $250<br />

Lipstick $5 $40 $45 $90<br />

Eye Shadow $5 $40 $45 $60<br />

Mascara $10 $40 $45 $80<br />

Sunscreen $20 $20 $55 $55<br />

Bronzer/Blush $10 $40 $55 $90<br />

Skin Cream $10 $50 $70 $250<br />

Shampoo/Conditioner $5 $30 $50 $100

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