Revenue growth for HUL in this segment has been in moderate with higher contribution margin. High volumes and economical prices were mainly responsible for the increase in this segment. However, the increase in prices and high inflation has impacted the growth of segment but with the presence of strong brands like - Pond’s, Axe, Dove, CloseUp; Popular - Vaseline, Sunsilk, Pepsodent; Mass – Fair & Lovely, Clinic Plus etc across categories like - hair care, oral care, skin care, grooming, cosmetics & services etc will help the company to be the key beneficiary with the improving economic conditions and growing demand of this segment . Therefore, we expect the growth of this segment to be at 13-15 percent. As the demands increases, we expect the HUL to charge premium for the products in these category as the major target customer for this segment is upper middle class and
From my observations, with baby boomers on the rise, there is a rapid increase for beauty enhancement products and services; hence, this industry will continue to grow. With individuals becoming busier than in the past and allergies becoming more severe, I foresee women and men moving away from traditional make-up cosmetics and turning to micro pigmentation/ permanent make-up in the near future. In a short while from now, I foresee more individuals opting for Microdermabrasion treatments because there is an increase of Malassezia Folliculitis, acne vularis/acne and striae/ stretch marks among the
They must regard the laser as an investment that will increase revenue and profitability, as well as provide better patient comfort and superior clinical results". (Vitale, 2001) Therefore, dentistry will experience an extremely high patient encounters due to advanced procedures, which will affect profit to rise. In this case, both patient and business are satisfied. Dr. Greider, acknowledges that the speed of tools is connected to extremely high profits," gross revenues increased an additional $110,000 the second year, and he projects a similar increase in subsequent years. Here is a tool that makes my life easier, makes dentistry fun again, and
Makeup market it’s one of its largest opportunities, and the company continues to lead in this market. Its M·A·C brand had a strong performance, Bobbi Brown and Smashbox also makeup this year as both brands expanded globally and launched exciting new products. Estée Lauder continued to boost its fragrance business and achieved strong results from its luxury brands. In hair care, they expanded their presence internationally and have solid growth led by Aveda brand, with strength in both salons and freestanding stores. Estée Lauder is obviously the number one prestige beauty company in many markets, such as the United States and the United Kingdom; in fast-growing emerging markets, such as China and Turkey; and in smaller, but high-potential emerging markets, such as Mexico and the Middle East.
Not only among the woman of older generation but its also gaining popularity amongst the younger generation also. The reason for this popularity might be the comfort level that they offer and most importantly these clothes are ready to wear. Many bigger brands are investing in the ethnic wear and Indian ethnic wear industry is growing by leaps and bounds with the passage of time. Franchising in women ethnic wear is also becoming a significant business venture with the advent of this industry not only in India but also abroad. The Indian ethnic wear industry has undergone transformational time over the last few years.
The innovation and technological advancements in the watch market is expected to grow steadily. The increase in literacy levels has witnessed a rapid growth in the writing and marking instruments market. The personal accessories market is spread across Asia-Pacific, Europe, Americas and the rest of the world. The leading players in the global personal accessories market are Coach, Kering, LVMH, Prada Group, ADD, AT Cross Company, Burberry Group, Chanel, Compagnie Financière Richemont, Crayola, Dolce & Gabbana, Gitanjali Group, Giorgio Armani, Hugo Boss, Kalyan Jewellers, Mulberry, Pandora, Ralph Lauren, Rolex, Swatch Group, Tiffany & Company, Titan Company, Tod's Group, and Tory Burch. Slower
Manufacturers are continuously claiming their products to be manufactured under organic circumstances which in turn has increased the awareness of these products into the minds of the consumers together with production and distribution among Tier I and to some extent Tier II, III cities, (Euromonitor, May,2016 ). India has over the time has come up with a noticeable growth rate in the market of organic food produce but it is still in a new born state. As stated by the “India Organic Food Market Forecast & Opportunities, 2019” In the period of 2014-2019, the revenues of the market are expected to grow at a CAGR of 25 per cent,( Misra & Singh, 2016). Increase in disposable incomes in case of middle class families has resulted in the growth of overall food consumption. As a result of various consumer related factors emerging trends in the Food and beverage market are substantially increasing, on the other hand certain segment of consumer have become more health and environment conscious i.e hauling in demand from carbohydrates towards rich protein based food products and mostly organic and high value food due to shift in dietary patterns are increasing in demand.
In this article, cosmetic industry in Hong Kong is chosen for further analysis. Similar to the development of cosmetics industry in Malaysia, the cosmetics industry in Hong Kong is also in rapid growth because of the increasing number of working female, increased urbanization, and the increasing self-awareness due to education. “This industry
At the same time, the number of older people increased in the population. Moreover, public health measures and quarantine measures for contagious diseases as well as individual personal hygiene as families income rises also plays a pivotal role in controlling these diseases as germ theory of diseases has become more widely nowadays. Other than that, other important factors that are equally important in increasing the life span of population is the betterment in the knowledge about the needs of balanced diet and nutrition as well as living a healthy lifestyle for a better standard of living in their life. The reduction in the poverty rates of households in Malaysia also contributes to better health care of societies. The government also expanded the taxation-based public health care delivery system to provide access to comprehensive affordable
ITC has tremendous potential to further its growth. With the new addition of dairy products to its product portfolio it is expected to further strengthen its revenues. Other non-cigarette FMCG is also showing a reasonable growth. ITC plans to invest 25000 crore by the end of this year to increase the Food Processing units and Paperboard manufacturing facilities which further going to increase the revenues for the company. We remain bullish on ITC on higher earnings visibility and improving profitability in the non-cigarette FMCG business that could lead to higher cash flows and payout ratios.