BW Confidential - Issue #15 - September/October 2013 - (Page 12)

Take note Market trends & indicators credit: istock The global men’s grooming market saw manufacturers’ sales grow by nearly 4% in 2012 to $13.4bn, according to market-research group Kline & Company. The category is expected to reach sales of $15.5bn by 2017. The market in Europe saw increases in the low single-digits, while in Asia, the established male-grooming markets in South Korea and Japan, coupled with the newer markets in India and China, are driving category growth. In South Korea alone, male grooming sales saw more than 10% growth in 2012. L’Oréal’s brands lead across Asia with the exception of Japan, where Mandom (Gatsby) holds the largest market share and L’Oréal comes in third. In South Korea, HERA Homme (Amore Pacific) is the leading brand. Kline predicts Asia will see the strongest growth globally through 2017. 12 credit: istock A snapshot of the latest market facts, figures and trends Spa and wellness facilities reported a close-to-zero increase in business in 2012 over 2011, according to the International Wellness & Spa Tourism Monitor 2013 Report from the Tourism Observatory for Health, Wellness and Spa. However, the growth of first-time local customers visiting spas was promising and average revenue per customer grew at a higher rate than the number of treatments sold. Spas are set to see a 2% increase in the number of customers and first-time customers in 2013 and tourists are expected to drive most of this growth. The Americas and Australia are predicted to see a strong year in terms of customer growth, while Asia is forecast to stagnate in 2013 in terms of treatments sold. Lifestyle-oriented programs and treatments are expected to grow at a rate of more than 10% in 2013. September-October 2013 - N°15 - BW Confidential

Table of Contents for the Digital Edition of BW Confidential - Issue #15 - September/October 2013

Cover
Comment
Contents
Update
Brand & retail news recap
Companies on the move
Take note Market facts, figures & trends
Best of BW Highlights from our e-publication
Launches The latest in fragrance, skincare & make-up
Interview Origins, Ojon & Darphin global president and gm Jane Lauder
Insight: Fragrance creation
Category overview
Industry views
Emerging markets
Consumer data
Role of the perfumer
Retail
Store strategy
Store concepts
Digital Beauty apps
Market watch: Chinese consumers
Overview
Shopping habits
Online sales
Radar A profile of six up-and-coming beauty brands
Travel retail: Inflight sales
Sector analysis
Channel innovations
Emerging markets Company profile: Marico
Packaging
Make-up analysis
Make-up innovations
Last word The Young Group’s Karen Young on industry trends and technology

BW Confidential - Issue #15 - September/October 2013