Asia Personal Care & Cosmetics Market Guide 2016
AsiaCosmeticsMarketGuide
AsiaCosmeticsMarketGuide
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Distribution Channels and <strong>Market</strong>ing - <strong>Cosmetics</strong> & Toiletries<br />
Figure 1: <strong>Market</strong> Segmentation & Breakdown of Retail Trade in Singapore<br />
<strong>Personal</strong> <strong>Care</strong> Stores<br />
•Watson's<br />
•Unity<br />
•Guardian<br />
•Independent pharmacies<br />
•Mustafa<br />
Department Stores<br />
•Marks & Spencer<br />
•Isetan<br />
•John Little's<br />
•Metro<br />
•OG<br />
•Robinson's<br />
•Tang's<br />
•Takashimaya<br />
•BHG<br />
General Trade<br />
•7-Eleven<br />
•Cheers<br />
Beauty Concept Stores<br />
•Sephora<br />
•Sasa<br />
•Beauty Language<br />
•Skin Inc.<br />
•Venus<br />
Supermarkets<br />
•NTUC Fairprice<br />
•Giant<br />
•Cold Storage/Jason's/<strong>Market</strong> Place<br />
•Sheng Siong<br />
•Mustafa<br />
General Trade<br />
•Wholesalers<br />
•Medical Halls<br />
•Minimarts (Mom & Pop shops)<br />
E-Commerce<br />
Product Trends<br />
The key trend that will drive the sales growth of cosmetics and toiletries is the “premiumization” of<br />
products as a result of customers enjoying increased disposable income levels and the rising affluence of<br />
the general population. Sophisticated and the more discerning consumer are constantly exposed to<br />
social media and other beauty news platforms, both print and online and as a result, they are more<br />
eager to test new and different personal care products.<br />
Singapore is an affluent market and is considered a showcase market for the rest of Southeast <strong>Asia</strong>.<br />
Often-times, fashion trends are developed and adopted in Singapore before introduction to neighboring<br />
markets. U.S. products enjoy a good reputation in Singapore and U.S. exporters should use Singapore as<br />
the launching pad into the region.<br />
Sales of color cosmetics and skincare (including facial masks) have remained constant over these past<br />
two years. Facial make-up continues to be the most dynamic performing of all color cosmetics products.<br />
An increasing number of image-conscious, career women and the growing number of girls using makeup<br />
at a younger age contributed to the sustained performance of this subsector. Over the years, more<br />
consumers have been paying attention to skincare and trending are Korean-beauty products such as the<br />
BB and CC creams which color corrects as well as reduce the appearance of redness. Trending is the<br />
“dewy, fresh, light-weight, no make-up look” and there is increased popularity in what is called “cushion<br />
compact/foundation” which achieves this result with added SPF, extra hydration and anti-aging benefits.<br />
They are also easy to use and comfortable on the skin as these lightweight creams function more as a