AS Watson Group remains by far the largest health and beauty specialist retailer in Taiwan in both outlet number and value sales terms despite a slight decline in share during 2013. The company closed down eight underperforming outlets in 2013. The group's emphasis has been on improving customer comfort and modernising stores through renovations rather than store expansion as the brand's outlet numbers are close to saturation in Taiwan. In 2013, AS Watson Group also moved away from using intense price discounting to push sales, towards a stronger focus on internet retailing and private label products which has allowed it to better differentiate itself from its price discounting rivals.
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Overall healthy growth is forecast for health and beauty specialist retailers. The two key factors that are seen to have a major impact are Taiwan's ageing population and lifestyle issues. Low population growth and no immigration will further hasten an ageing population. Lifestyle issues in Taiwan such as stress, poor diet and long work and study hours are quite serious and show little signs of letting up.
Discover the latest market trends and uncover sources of future market growth for the Health and Beauty Specialist Retailers industry in Taiwan 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 Taiwan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Health and Beauty Specialist Retailers in Taiwan 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 Taiwan?
* Who are the leading retailers in Taiwan?
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