In this section:
2022 - Cosmetics and Skincare Drive Growth
In the special collaborative report for CTPA on the GB market from Kantar Worldpanel and Circana, Tim Nancholas, Strategic Insight Director - Health and Beauty, Kantar Worldpanel commented:
"Standout categories were the beauty markets with cosmetics growing 9.3% year on year closely followed by skincare at 8.4%. Fragrance also performed well with an 8% increase in value but could still do better at the crucial Christmas period. Haircare, with our changing usage, struggled with growth of 1.5% and the rest of toiletries at 1.2% year on year, below the inflation rate.
"Given the challenge of less spending power in the population, we can consider 2022 a reasonably good year. Whilst value will be important in 2023, we still want to pamper and treat ourselves and we are prepared to shop around for the best bargains."
GB Market Statistics Overview