Health & Beauty Retailing Market in Turkey Anticipated to Register Growth at 11.3% CAGR by 2021

Published on : Feb 01, 2018

Albany, New York, February 1, 2018: The report provides an overall view of the beauty and health retailing sector in Turkey. The report offers data on market share, forecast and summary till 2021. The report presents the historical market data and estimates retail sales of the health and beauty retailing market in Turkey. Market Research Hub (MRH) has recently incorporated this new report with the title “Health & Beauty Retailing in Turkey, Market Shares and Forecasts to 2021” to its comprehensive online repository. It also provides relevant information on the business status as well as country threat associated with the Turkish retail sector. Additionally, the report scrutinizes the key customer trends impacting the beauty and health sector in Turkey. The study presents a comprehensive analysis of the forecast and historic market data and statistics of the retail sales of the beauty and health sector across major channels in Turkey. Additionally, the report also offers an overall outlook of key shopping trends, the impact of several economic parameters on the retail sector, new technology and online trends, as well as the competitive scenario across several channels. This study provides information on key retailers in the segment along with product proposition scrutiny as well as market positioning in 2016 along with major market developments. The report presents in-depth scrutiny of the current trend in customer shopping, including the aspects boosting shopping, market dynamics and consumer insights.

This report also focuses on following points:

  • Market in-depth insights on the basis of macroeconomic aspects, innovation in technology, transforming demographic and economic factors, and other consumer key trends
  • Quantitative and qualitative insights of transforming retail forces across several channels

Scope of the Report

The beauty and health industry recorded sales of TL25.4 billion in 2016 and is estimated to witness sluggish growth at 11.3% CAGR over the period ranging from 2016 to 2021 to touch TL44.2 billion by 2021. In spite of low penetration, the online sector is a rising distribution channel for beauty and health sales, recording sales of TL112.6 million in 2016. The report also states that the Gratis is the dominating player in the health and beauty industry, with a market share of 2.7%, which is further followed by Avon and Watsons.

Health and Beauty Industry in Turkey: Competition Tracking

The concluding portion of the report offers competitive assessment of the Turkish health and beauty sector. The report profiles the top companies based on following parameters such as new product launches, product portfolio, financial ratio, company overview, recent development in the companies, and key strategies. The study features leading players operating in the beauty and health sector in Turkey such as Avon, Watsons and Gratis and among all the key companies Gratis dominates the market in terms of sales and revenue.

Why to Invest in This Report?

  • The report provides wide ranging knowledge on beauty and health sector in the retail market in Turkey
  • The report helps identify the key opportunities in the market, analyzes the revenue forecast and studies the key trends in the beauty and health sector in Turkey
  • The report also provides analysis of key regional and global players functioning in the Turkey beauty and health market

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