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Asia Personal Care & Cosmetics Market Guide 2016

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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

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