Health and Beauty Specialist Retailers in the US - New Market Report

Health and beauty specialist retailers are strengthening their relationships with health care providers to support sales. With the new requirements of the Affordable Care Act, health records and related documents are becoming available electronically. As a result, health providers can use the internet to send prescriptions directly to retailers. Consumers can decide which retailer they want to use although some health providers are making it difficult for consumers to obtain a written prescription to take with them. This is favouring drugstores/parapharmacies more than other health retailers because of this direct contact with health providers.

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Competitive Landscape

Walgreen and CVS Health Corp led health and beauty specialist retailers in 2015 with respective value shares of 27% and 23%. This can be attributed to drugstores/parapharmacies dominating the wider health and beauty landscape, accounting for a 73% share of overall value sales in 2015. In terms of outlets, these two retailers together held a 17% share.

Industry Prospects

Health and beauty specialist retailers is expected to post a value CAGR of 2% at constant 2015 prices over the forecast period. This growth will likely primarily be driven by beauty specialist retailers as a result of increasing consumer demand for beauty products and a rise in the number of outlets. Drugstores/parapharmacies will remain the largest channel in terms of value sales. These retailers are likely to continue to aggressively compete for Rx drugs sales through relationships with health providers. In addition, they are likely to benefit from additional services such as on-site clinics.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Health and Beauty Specialist Retailers industry in USA 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 USA, our research will save you time and money while empowering you to make informed, profitable decisions.

The Health and Beauty Specialist Retailers in USA 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

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