0
0
Home » Retail

United Kingdom (UK) Health and Beauty Market Analysis and Forecast, 2020-2025

The UK health & beauty market was valued at GBP33.8 billion in 2020 and is expected to grow with a CAGR of more than 2% by 2025. As COVID-19 restrictions have eased in the UK, the health & beauty market will rebound with sales forecast to rise in 2021. The market, however, will not fully recover to 2019 levels until 2023. The beauty category with the highest growth rate will drive significant growth in the sector, boosted by increased consumer spending on leisure activities and holidays, encouraging purchases of beauty products such as makeup and fragrance again.

Drug stores and health & beauty stores was the leading channel in the UK health & beauty market in 2020 and is also expected to hold the highest share during the forecast period, followed by hypermarkets, supermarkets & hard discounters, and others. Boots, Tesco, and Sainsbury’s were the leading retailers in the UK health & beauty market in 2020.

Overview of the UK health & beauty market

Overview of the UK health & beauty market

For more insights on this report, download a free report sample

What are the market dynamics of the UK health & beauty market?

Retailers have expanded their online offerings significantly since the start of the pandemic, and this looks likely to continue. At Holland & Barrett, consumers can speak to trained staff about health and wellness virtually. Furthermore, there is also an increased product range to choose from, with online apparel retailers like ASOS widening their beauty offering by partnering with established brands such as Lush. Consumers are more mindful of their health and wellness than ever before. Vitamin and mineral supplements have become more popular, especially as consumers look to boost their immune systems and improve their health with the pandemic ongoing. Beauty halls and stores are opening as retailers look to broaden their category offering. Next has opened four Beauty and Home stores across the UK capitalizing on the loss of Debenhams from the high street. Beauty brands are also opening physical locations, with Glossier opening a permanent store in Covent Garden in early December 2021 following on from the success of its pop-up from November 2019 to March 2020. The rise in consumers learning about what goes into their products has led to a boom in ingredient-led skincare. Brands such as The Ordinary and Herbivore create products in their range based around one hero ingredient, such as vitamin C, retinol, and hyaluronic acid. Consumers seek to achieve healthy skin using a combination of these products, at affordable prices.

As flexible working is set to become a permanent trend post-pandemic, the essential nature of wearing makeup daily is declining. Many consumers are choosing to wear minimal makeup on days spent working from home and are opting to wear lighter makeup on days out of the house, stripping back their makeup routine and using fewer products. This is causing demand to shift away from bold eyeshadows and full coverage foundations to multipurpose products such as tinted moisturizers and serums instead. With masks once again needed in shops and on public transport, many consumers are simply choosing to not wear lip products at all.

What are the key categories of the UK health & beauty market?

The UK health & beauty market is categorized into health and beauty. The health category has the highest share in 2020 and is expected to remain the dominant category during the forecast period also. The beauty category is forecasted to have a higher growth rate than health. The health category was valued at over GBP21 billion in 2020, while the beauty category is expected to grow with a CAGR of more than 4% during the forecast period.

The UK health & beauty market, by key categories

The UK health & beauty market, by key categoriesTo know more about categories, download a free report sample

What are key distribution channels in the UK health & beauty market?

Drug stores and health & beauty stores was the leading channel in the UK health & beauty market in 2020, followed by hypermarkets, supermarkets & hard discounters, other, multi-channel retail, and online specialists. Online specialists is forecast to have the highest growth rate during the forecast period with a CAGR of more than 5%.

The UK health & beauty market, by distribution channels

The UK health & beauty market, by distribution channels

To know more about distribution channels, download a free report sample

Which are the major companies in the UK health & beauty market?

The leading retailers of the UK health & beauty market in 2020, included Boots, Tesco, Sainsbury’s, Specsavers, ASDA, Lloyds Pharmacy, Superdrug, Morrisons, Well Pharmacy, and Aldi. Boots had the highest share, of more than 15%, in the UK health & beauty market in 2020.

The UK health & beauty market, by key players

The UK health & beauty market, by key players

To know more about key players, download a free report sample

Market report scope

Market size (year – 2020) GBP33.8 billion
Growth CAGR >2% during 2021-2025
Base year for estimation 2020
Key categories Health and beauty
Key distribution channels Drug stores and health & beauty stores, hypermarkets, supermarkets & hard discounters, other, multi-channel retail, and online specialists.
Key companies Boots, Tesco, Sainsbury’s, Specsavers, ASDA, Lloyds Pharmacy, Superdrug, Morrisons, Well Pharmacy, and Aldi.

Reasons to Buy

  • Using our five-year forecasts to 2025, learn which areas of the health & beauty market will be the fastest performing to enable focus and investment in these winning product areas.
  • Understand how drivers of health & beauty purchases, such as range, price, and quality, vary in importance among different demographics in order to maximize sales potential.
  • Use our in-depth analysis of the challenges faced by key retailers in the sector in order to understand how to steal shoppers and market share.

Key Players

Aldi

Amazon

ASDA

ASOS

B&M

Beauty Bay

Boots

Cult Beauty

Debenhams

Deliveroo

Feelunique

Flannels

Glossier

Harrods

Holland & Barrett

Home Bargains

Lidl

Lloyds Pharmacy

Lookfantastic

Marks & Spencer

Morrisons

Poundland

Primark

Sainsbury’s

Savers

Specsavers

Superdrug

Tesco

The Body Shop

Well Pharmacy

Wilko

Table of Contents

Table of Contents

Executive summary

The UK health & beauty market is set to make a full recovery from the pandemic by 2023 and will reach £38.8bn by 2025 driven by beauty

Online penetration will rise to

17.1% by 2025 driven by improved fulfilment options and an enhanced shopping experience

Sustainability focus is key as

63.6% see this as an important purchase driver

KEY TRENDS

Market drivers

Market inhibitors

Key Trends: Long term impact of COVID-19 on product demand

Key Trends: Health & Beauty retailers introducting rapid delivery

Key Trends: Rise of experience-focused beauty halls

Key Trends: Sustainable packaging development

Key Trends: TikTok and livestreaming

Strategies for success

MARKET SIZE AND FORECASTS

Five year growth 2015-2025

Market size, 2015-2025

CATEGORY PERFORMANCE AND FORECASTS

Key category trends

Health & Beauty categories

Market by category %, 2015-2025

Category segment value and forecast, 2020 & 2025

CHANNEL PERFORMANCE AND FORECASTS

Online market, 2015-2025

Channel growth, 2015-2025

Market by channel, 2020 and 2025

Channel value and forecast, 2020 and 2025

REVENUE AND MARKET SHARES OF TOP 10 PLAYERS

Top 10 retailers, 2020

Market shares of the top 10 retailers

Top 20 most visited and purchased from retailers for Health & Beauty, 2021

Health & Beauty competitor overlap, 2021

COMPETITIVE LANDSCAPE: PROFILES OF LEADING PLAYERS

Boots

Superdrug

Holland & Barrett

Savers

COMPETITIVE LANDSCAPE: RETAILERS TO WATCH

Retailers to watch: Lookfantastic

Retailers to watch: Feelunique

Retailers to watch: Cult Beauty

Retailers to watch: ASOS

Retailers to watch: Glossier

Retailers to watch: BEAUTY BAY

CONSUMERS

Key consumer trends

Health & Beauty penetration and profile

Health & Beauty category penetration

Health & Beauty channel usage

Fulfilment methods

Health & Beauty purchase frequency

Health & Beauty consumer drivers

METHODOLOGY, DEFINITIONS AND CONTACTS

List of Tables

List of Tables

UK Health & Beauty Channel Value & Forecast, 2020 & 2025

Top 10 UK Health & Beauty Retailers, 2020

UK Health & Beauty Competitor Overlap, 2021

UK Health & Beauty Category Penetration by Demographic, 2021

UK Health & Beauty Channel Usage by Demographic, 2021

UK Health & Beauty Fulfilment Methods, 2021

UK Health & Beauty Consumer Drivers, 2021

List of Figures

List of Figures

UK Health & Beauty Market GBP m, 2015, 2020, 2025 & CAGR %

UK Health & Beauty Market Value GBP bn, 2015-2025

UK Health & Beauty Market Annual Growth %, 2015-25

UK Health & Beauty Categories by Value GBP bn, 2020 & 2025​

UK Health & Beauty Categories by Value Growth %, CAGR, 2020-2025

UK Health & Beauty Market by Category %, 2015-2025

UK Health & Beauty Online Market Size GBP bn and Online Penetration %, 2015-2025

UK Health & Beauty Channel Growth, 2015-2025

UK Health & Beauty Market by Channel, 2020 and 2025

Market Shares of Top 10 UK Health & Beauty Retailers, 2020

Top 20 Most Visited Retailers for Health & Beauty %, 2021

Top 20 Most Purchased from Retailers for Health & Beauty %, 2021

Boots’ UK Health & Beauty sales GBP m, 2015–2020, and annual growth %

Boots’ UK Health & Beauty market share % 2015-2020

Boots’ UK Health & Beauty Penetration %, 2021

Superdrug’s UK Health & Beauty sales GBP m, 2015–2020, and annual growth %

Superdrug’s UK Health & Beauty market share % 2015-2020

Superdrug’s UK Health & Beauty Penetration %, 2021

Holland & Barrett’s UK Health & Beauty sales GBP m, 2015–2020, and annual growth %

Holland & Barrett’s UK Health & Beauty market share % 2015-2020

Holland & Barrett’s UK Health & Beauty Penetration %, 2021

Savers’ UK Health & Beauty sales GBP m, 2015–2020, and annual growth %

Savers’ UK Health & Beauty market share % 2015-2020

Savers’ UK Health & Beauty Penetration %, 2021

UK Health & Beauty Penetration %, 2021

UK Health & Beauty Profile %, 2021

UK Health & Beauty Penetration %, 2021

UK Health & Beauty Channel Usage %, 2021

UK Health & Beauty Fulfilment Methods %, 2021

UK Health & Beauty Purchase Frequency, 2021

UK Health & Beauty Consumer Drivers %, 2021

Frequently Asked Questions

The UK health & beauty market was valued at GBP33.8 billion in 2020.

 

 

 

 

The UK health & beauty market is expected to grow by a CAGR of more than 2% during 2021-2025.

The UK health & beauty market is categorized into health and beauty.

Drug stores and health & beauty stores was the leading channel in the UK health & beauty market in 2020, followed by hypermarkets, supermarkets & hard discounters, other, multi-channel retail, and online specialists.

The leading retailers of the UK health & beauty market in 2020, included Boots, Tesco, Sainsbury’s, Specsavers, ASDA, Lloyds Pharmacy, Superdrug, Morrisons, Well Pharmacy, and Aldi.

    Pricing

Discounts available for multiple purchases.

reportstore@globaldata.com
+44 20 7947 2960

Join our mailing list

Saved reports