Summary The retail market for health and beauty products in Indonesia reached IDR40188 billion in 2015 and is forecast to grow at a CAGR of 7.8% during 2015-2020, to reach IDR58376 billion by 2020. Sturdy economic conditions, urbanization, increasing health consciousness, and an aging population have fueled the growth of the health and beauty category. Key Findings -Online spending on health and beauty products accounts for 0.4% of the total retail sales in the segment in 2015 -The health and beauty segment accounted for 1.21% of the overall retail sales in 2015 -Specialist retailers continue to be the preferred channel for the purchase of health and beauty products in the country. - Bulk of the sales of health and beauty products are sold through offline channels including hypermarkets, supermarkets, department stores, drug stores and health and beauty stores. Synopsis "Health and Beauty Retailing in Indonesia - Market Summary and Forecasts" is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020. What else does this report offer? -A thorough analysis of consumer trends changing economic and population factors -Both qualitative and quantitative insights and analysis of the shifting health and beauty retail dynamics from 2010 to 2020 -Sales of health and beauty products through the following channels from 2010 to 2020: Hypermarkets, supermarkets and hard-discounters; department stores; online; drug stores and health and beauty stores; other general and non-specialist direct retailers; cash and carries and warehouse clubs; convenience stores (including independents) and gas stations; duty free retailers; value, variety stores, general merchandise retailers and vending machines - An overview of key health and beauty retailers operating across Indonesia and their presence across distribution channels Reasons To Buy -Gain a comprehensive knowledge on health and beauty sector in the Indonesia retail market and develop a competitive advantage from the start of your supply chain -Investigate current and forecast behaviour trends in health and beauty category to identify the best opportunities to exploit -Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior -Understand the performance of health and beauty product sector, with insights on performance across key channels from 2010, with forecasts until 2020 -Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the health and beauty market -Analysis of key international and domestic players operating in the health and beauty market - including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share
Table of Contents
1 Introduction 1.1 What is this Report About? 2 Executive Summary and Outlook 3 Market Context 3.1 A growing economy offers new opportunities to retailers 3.1.1 Retail sales recorded healthy growth despite recession 3.1.2 Indonesians spend more than they save 3.1.3 Services sector continues to be the major sector for employment 3.1.4 Volatile inflation levels will influence retail sales growth 3.1.5 Rise in consumption expenditure a positive sign for retailers 3.1.6 Increasing urbanization offers growth opportunities for retailers 3.2 Declining population growth rates may have a mild impact on retailing 4 Indonesian Shoppers 4.1 Online shopping has become order of the day 4.2 Rapid urbanization will fuel retail sales in the country 4.3 Shopping malls have become prime locations for retailing 5 Doing Business in Indonesia 5.1 Summary 5.1.1 Bureaucracy 5.1.2 Infrastructure and logistics 5.2 Latest business reforms in Indonesia 5.3 Indonesia eases rules for foreign investors 5.4 Business culture 6 Retail - Product Sectors 6.1 Product Sector Analysis 6.1.1 Health and Beauty 6.2 Health and Beauty Category Overview 6.2.1 Healthand Beauty by Channel 6.2.2 Health and Beauty by Category 6.3 Major Retailers 6.3.1 Health and Beauty 7 Appendix 7.1 Definitions 7.1.1 This report provides 2015 actual sales; while forecasts are provided for 2016-2020 7.2 Summary Methodology 7.2.1 Overview 7.2.2 The triangulated market sizing method 7.2.3 Industry surveys in the creation of retail market data 7.2.4 Quality control and standardized processes 7.3 About Verdict Retail 7.4 Disclaimer
List of Tables
Table 1: Indonesia Health and Beauty Retail Sales (IDR bn), by Channel Group, 2010-2015 Table 2: Indonesia Health and Beauty Retail Sales Forecast (IDR bn), by Channel Group, 2015-2020 Table 3: Indonesia Health and Beauty Retail Sales (US$ mn), by Channel Group, 2010-2015 Table 4: Indonesia Health and Beauty Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020 Table 5: Indonesia Health and Beauty Segmentation (% value), by Channel Group, 2010-2020 Table 6: Indonesia Health and Beauty Retail Sales (IDR bn), by Category, 2010-2015 Table 7: Indonesia Health and Beauty Retail Sales Forecast (IDR bn), by Category 2015-2020 Table 8: Indonesia Health and Beauty Retail Sales (US$ mn), by Category, 2010-2015 Table 9: Indonesia Health and Beauty Retail Sales Forecast (US$ mn), by Category 2015-2020 Table 10: Key Health and Beauty Retailers in Indonesia Table 11: Indonesia Exchange Rate IDR-USD (Annual Average), 2010-2015 Table 12: Indonesia Exchange Rate IDR-USD (Annual Average), 2016-2020 Forecasts Table 13: Verdict Retail Channel Definitions Table 14: Verdict Retail Category Definitions
List of Figures
Figure 1: GDP Value (US$ billion), 2010-2015 Figure 2: Growth Rate of GDP (US$ billion, %), 2010-2015 Figure 3: GDP Value and Growth (IDR billion, %), 2010-2015 Figure 4: Forecasts for GDP Value and Growth (IDR billion, %), 2015-2020 Figure 5: Gross Domestic Savings Rate (% of GDP), 2005-2015 Figure 6: Share of Employment by Sector (%), 2005 and 2015 Figure 7: Unemployment Rate (%), 2005-2015 Figure 8: Inflation Growth Rates (%), 2005-2015 Figure 9: Household Consumption Expenditure of Indonesia (IDR billion), 2005 and 2015E Figure 10: Household Consumption Expenditure of Major Countries (US$ billion), 2015 Figure 11: Growth of Household Consumption Expenditure (US$, %), 2005-2015 Figure 12: Rural and Urban Populations (millions) 2005, 2015, and 2020 Figure 13: Total Population and Growth Rate (Millions, %), 2005-2020 Figure 14: Population Split by Gender (%), 2015 and 2020E Figure 15: Population Split by Age Group (%), 2015 and 2020 Figure 16: Per Capita Spend on Retail (IDR), 2007 and 2015 Figure 17: Per Capita Spend (IDR) and Total Retail Spend by Age Group (%), 2007 and 2015 Figure 18: online shoppers in the country Figure 19: Aeon's shopping mall in Jakarta Figure 20: Key Components of Doing Business in Indonesia Figure 21: Share of Health and Beauty in overall Retail 2015 and 2020 Figure 22: Retail Sales Value and Growth (IDR billion, %) of Health and Beauty 2015-2020 Figure 23: Spend per Head on Health and Beauty 2015 and 2020 Figure 24: Online Spend in Health and Beauty 2015-2020 Figure 25: Online Share of total Health and Beauty Spend 2015 and 2020 Figure 26: Spending per Channel in Health and Beauty (%) 2015 and 2020 Figure 27: Indonesia Health and Beauty Retail Sales and Forecast (IDR bn), by Channel Group, 2010-2020 Figure 28: Indonesia Health and Beauty Retail Market Dynamics, by Channel Group, 2010-2020 Figure 29: Indonesia Health and Beauty Retail Sales and Forecast (IDR bn), by Category Group, 2010-2020 Figure 30: The Triangulated Market Sizing Methodology
Global alpha olefins market size is likely to be valued at USD 10.7 billion by 2020; as per a new research report by Radiant Insights, Inc. Increasing polyethylene demand for use in plastic production is anticipated to drive market growth. Growing apRead More...
Global non destructive testing equipment market is anticipated to reach USD 5.76 billion by 2022, as per a new research report by Radiant Insights, Inc. Stringent government safety initiatives for inspection and quality control across numerous industRead More...
Global fingerprint access control systems market size is estimated to reach USD 4.4 billion by 2022, as per a new research report by Radiant Insights, Inc. Growing safety and security concerns of individual as well as organization is projected to driRead More...
U.S hairbrush market is estimated to exceed USD 1.2 billion by 2022, as per a new research report by Radiant Insights, Inc. Rising population along with ascending disposable income is expected to drive industry demand. Significant rise in disposableRead More...
Global air traffic control equipment market is projected to reach USD 4.2 billion by 2020, as per a new research report by Radiant Insights, Inc. Mounting price sensitivity among customers with introduction of low fare airlines is expected to drive tRead More...
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Toll Free: 1-888-928-9744
Email: [email protected]
Speak to the report author to design an exclusive study to serve your research needs.
A testimonial for service excellence represented in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.