New Report Available: Health and Beauty Specialist Retailers in the Philippines

In 2013, the continued improvement of the Philippine economy, which led to the progressive rise of business process outsourcing jobs in the country, contributed to boosting interest in health and beauty specialist retailers. Not only are these products increasingly being seen as necessities, the higher purchasing power also translates into the increasing footfall among a larger numbers of Filipinos to these outlets.

Competitive Landscape

Up to 2013, Mercury Drug remained the leading player, accounting for 47% of retail value sales. This is largely due to its effective expansion strategies, both in chemists/pharmacies and parapharmacies/drugstores. In the midst of the ever-increasing demand for convenience, it has increased its focus on parapharmacies/drugstores, with their self-serve shelves. In 2012, it also introduced the first-ever parapharmacy/drugstore with a drive-thru counter, located in Greenhills, San Juan, Metro Manila, allowing motorists to have their prescriptions filled out without ever getting out of their cars.

Full Report Details at
- http://www.fastmr.com/prod/836702_health_and_beauty_specialist_retailers_in_the.aspx?afid=301

Industry Prospects

For the forecast period, health and beauty specialist retailers is set to record a CAGR of 3% in constant value terms. The continued upward trend is expected to come in the midst of a progressively improving economy, with more households becoming increasingly interested in relatively higher-priced brands compared to the review period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Health and Beauty Specialist Retailers industry in Philippines with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Health and Beauty Specialist Retailers industry in Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.

The Health and Beauty Specialist Retailers in Philippines market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic number of stores, selling space and values, company and brand market shares
* Five year forecasts of market trends and market growth  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* How big is the Health and Beauty Specialist Retailers channel in Philippines?
* Who are the leading retailers in Philippines?
* How is consumers' desire to look good and stay health driving sales for health and beauty specialists?

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Retailing in the Czech Republic
- Health and Beauty Specialist Retailers in the Czech Republic
- Health and Beauty Specialist Retailers in Switzerland
- Retailing in Poland
- Health and Beauty Specialist Retailers in Turkey