Challenges For Asia Emerging Markets Growth In Natural Skin-sweets parade

Nutrition In an internationals online survey on Personal Appearances, more than one-third of consumers across 16 markets claimed natural/organic was a key influencer in their skin care purchasing decisions, while nearly 40% of them chose super high quality as the most influential reason. As a result, natural/organic brands need more than just natural credentials to attract consumers attention. Many have already launched more sophisticated products, such as anti-aging products and serums with strong claims. Natural Skin CareNatural Demand in Asia Looking at the number of consumers who seek natural/organic skin care by country reveals India, Indonesia and China scored the highest; in some cases, more than half of respondents seeking natural skin care. With China and India having a history of local skin care remedies including medicinal and natural ingredients, this is not surprising. Growth Ahead for Indonesia and India A similar story was seen in Indonesia and India, the latter of which has the lowest average disposable in.e from the group. This indicates that while there is an opportunity for natural/organic players in these emerging markets, pricing remains an issue, especially with internationals looking to explore the burgeoning middle class rather than the average consumer. While all three markets are mass dominated, Indonesia will be the eighth biggest absolute growth contributor to premium skin care over the 20142019 period. India will almost double this segment to just over $140 million in 2019. Despite India and Indonesia remaining niche in the premium market, their favorable demographics of vast populations and increasing disposable, coupled with a relatively unexplored market, create an attractive environment for lower-end premium players. China Ascending China undisputedly holds the strongest opportunities, as it will be the source of more than 60% of premium skin cares growth to 2019, surpassing Japan to be.e Asias biggest premium market. Plant extracts or herbal ingredients are usually favored by Chinese consumers, as they are deemed less hazardous than synthetic ingredients. While natural credentials remain attractive to consumers around the world, for brands to succeed in both emerging and mature markets, they must be perceived as having high quality, have a strong image and remain relatively affordable to the average consumer. In the promising markets of India, Indonesia and China, standalone presence and a wide skin care portfolio also are important in order to .pete with both the local/regional players and the internationals. About the Author: 相关的主题文章: