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Market Focus: Trends and Developments in the Haircare Sector in Brazil

Category : Consumer Goods  | Published Date : Feb-2014 | Pages : 41
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Synopsis
This report provides a concise overview of the Haircare market in Brazil. After reading this report, you will understand the size of the market, the economic, demographic, and behavioral trends that will drive its evolution, and the leading players within the market, allowing you to plan effectively for the future.
Scope
Analysis of consumer behavior, economic conditions, and demography reveals emerging opportunities in the Haircare sector. Key growth categories are highlighted by analyzing the market dynamics of major Haircare categories. Market shares are provided for the leading brands and private labels across Haircare categories. An overview of 20 trends in the Brazilian Haircare sector is provided, including primary 20 material and type, 20 closures, and outer 20.
Summary
Why was the report written? This overview of the consumer and market dynamics of the Brazilian Haircare sector allows new entrants and established players to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years. What is the current market landscape and what is changing? Brazil is one of largest Haircare markets globally. Growth in the country’s Haircare market will remain strong as Brazilians across socio-economic backgrounds spend considerably on Haircare products. While the majority of the Brazilians, especially women, consider hairstyle to be a personal style statement and an important aspect of their personality, the men’s Haircare market is fast evolving. What are the key drivers behind recent market changes? The most important motivation, by far, is Beauty, which tracks products chosen to meet consumers’ need to enhance their beauty and grooming. What makes this report unique and essential to read? This report brings together consumer insight and market data to provide a comprehensive brief of the Brazilian Haircare sector. This allows for the rapid identification of key growth opportunities across major Haircare categories and their 20.
Reasons To Buy
Q2
Table Of ContentsCountry Context 
Stable economic growth, large share of young population, and the easy availability of consumer credit are driving growth in Brazil's retail sector
High urbanization rate and large middle income group favors growth in organized retail in Brazil
Brazilians prefer to buy Haircare products from Hypermarkets & Supermarkets and Drug stores & Pharmacies
Consumer Profile
Males have a higher propensity to consume Haircare products in Brazil
Brazilians use Haircare products at a Medium to Heavy Consumption frequency
Beauty enhancement is the prime motivator for consumption of Haircare products in Brazil
Beauty motivated aspiration sales and trading up to premium Haircare products are key trends
Age-specific need fulfillment and Better value for money are other major trends
Sector Analysis
Growth in Haircare market in Brazil to remain stable during 2012-2017
Hair Colorants is the fastest growing Haircare product category
Fast growing categories such as Hair Colorants, Perms & Relaxers to gain market share compared to commonly used Shampoo and Conditioners
Brazilian women desire for new looks is driving sales of Hair Colorants
Shampoo will lose market share to non-core Haircare categories such as Hair Colorants and Styling Agents
The popularity of Styling Agents among the Brazilian youth is driving growth
Brands & Private Labels
Private label penetration in Haircare is low due to the presence of economy product ranges of prominent brands
Perms & Relaxers is the fastest growing private label category
Natura Ekos, Koleston, and L'Oral are the leading Haircare brands in Brazil
Seda and Elseve are the leading Shampoo brands in Brazil
Packaging Insight
Low material cost and better anti-spill properties make Rigid Plastics the most preferred Haircare packaging material
Convenience, sustainability and innovative decoration are the key trends in Haircare packaging
Future Outlook
Increased sophistication, salon styled products and emphasis on male haircare are emerging trends in the Brazilian Haircare market
Data Appendix & Summary Methodology
List Of TablesNAList Of FiguresNA
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Publisher Name : Canadean

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