|
Related research reports include:
Shopper Insight New Beauty Buyer 2012 and Beyond The UK Spa Market 2011 The US Spa Market 2010 Medicalised Beauty Market China 2011 2010 New Beauty for New Consumers 2009
July 2009Key Words: Advanced Aesthetics, Appearance Transformation, Anti-ageing, Body shaping/contouring, Camera Ready Appearance, Cellulite, Depilation, DIFM and DIY Beauty, Non Invasive, Soft Tissue Modification, Transformational Aesthetics REPORT STRUCTURE 8 SECTION 1 - INTRODUCTION 10 Signs of a major transition in beauty culture 10 An erratic migration 10 A Viagra for beauty needs? 10 New standards 11 Threat to traditional beauty culture 11 SECTION 2 SUMMARY 12 Overview of main points 12 Rapid rise to blockbuster status 12 Medical confers status 13 A sustainable market or a fad? 13 Exacting appearance standards can be realized 13 Obsession with image 13 Image technology sets new beauty standards 14 Disruptive innovation for the inherited beauty market 14 New beauty attracting consumers essential for growth 14 Skin care and consumers in Asia 15 Traditional beauty salons/spas obsolete? 15 Commercial innovation brings the salon into the 21st century 15 TABLE/GRAPH 1 The beauty salon/spa market volume/units and value/revenues (selected countries) 16 Massage how many billions? 16 Uncertain regulatory future 16 SECTION 3 RECOMMENDATIONS 17 Future best categories of beauty treatments 17 Spin offs maintain sales 17 New channels 17 Marketing recommendations 18 Consumer expectations a new frame of reference 18 Salon/spa recommendations 18 Recommendations men 18 SECTION 4 DEFINITION OF NEW BEAUTY AND EXAMPLES OF CATEGORY SIZE/SALES 19 Definition of new beauty 19 The newness of new beauty culture 19 New culture is beauty as and by design 19 Alert professionals identify a shift 20 Professionals an antenna 20 Rumours of “miracle” beauty products 20 Changed timeframes 20 Widespread dissatisfaction with lesser solutions 21 Innovations and new mega categories (examples) 21 Skin care the billion dollar product 21 Laser and related create many new categories 21 Medical skin care ($billion) 22 Body shaping and contouring 22 Eyes and teeth generate billions 22 SECTION 5 DRIVERS OF NEW BEAUTY 23 Sustainable or a bubble? 23 Consumers and appearance concerns 23 Appearance concerns are at an all time high 23 Working appearance creates a floor for beauty spending 24 Working appearance and women 24 Must look one’s best (quotes from around the world) 24 Ageing baby boomers elevate appearance to new status 24 Appearance - exacting expectations 25 New appearance norms and the mass media 25 Beauty professionals see first hand 25 Always under surveillance 25 Technological innovation shaped new standards 26 Beauty professionals see first hand 26 Lifestyles a driver of new beauty 26 TABLE/GRAPH 2 Lifestyle drivers of new beauty solutions 27 Technology resolves daily time dilemma 27 Marketing by the minute 27 Convenience of DIFM body shaping (quotes) 27 Technology lowers costs - multiple platforms good news for all 28 Convenience of precision 28 New quality standard in beauty 28 Evidence based results 28 From hope to contract – new beauty 28 Credibility gap opens between new beauty versus older 29 Data validates spending (consumers want proof) 29 Beauty goes on trial for its lack of metrics 29 Technology appeals to consumers 29 Technologically literate consumers of the future 30 Product free appeals to those with ingredient worries 30 Intolerance of beauty casualties and collateral damage 30 No aggravation (quotes) 30 New beauty technology is green 30 Visuals and imaging improve accuracy 31 From the eye of the beholder to accurate measurements 31 Aesthetic design limitations to technology 31 One face for all? 31 SECTION 6 MARKET ANOMALY, GROWTH IN STAGNANT MARKET 33 TABLE/GRAPH 3 The anomaly – growth and decline 33 Innovators of new beauty salons/spas 33 Names in France 34 Why the dramatic contrast in sales / performance? 34 Data collection distorts understanding of consumer behaviour 34 Thumbnail profile of the traditional salon/spa industry 35 SECTION 7 NEW COMMERCIAL FORMULAS IN BEAUTY SALON/SPA MARKET 36 Innovators offer old and new 36 New salon/spa services 36 Business keys 36 THE SKIN CARE CATEGORY IN BEST PERFORMERS 36 Trends and drivers in skin care 37 Visibility of the face 37 Technology expands solutions to problems 37 Problems solvable by new technology 37 TABLE/GRAPH 4 Growth rates for new skin care 38 TABLE/GRAPH 5 New skin care and revenues generated 38 New skin procedures are “lifestyle easy” 38 New technology changes consumer profiles 39 Ageing baby boomers 39 Skin aware consumers in Asia 39 Skin blemishes and consumer profiles 39 Skin blemishes and younger consumers 40 New technology creates life long consumers 40 New technology creates new consumer niches (health conditions) 40 Quality required for the face 40 Tanning a gateway service to beauty 40 The premium tanning segment 41 THE HAIR REMOVAL CATEGORY IN BEST PERFORMERS 41 A gateway service 41 Category and level of competition 41 Technological innovation coincides with extreme depilation 42 Convenience of long term depilation 42 Extreme exposure 42 Deep discounting 42 TABLE/GRAPH 6 Hair removal category summary - methods and body parts 43 Hair removal, formulas for profitability 43 Focus on top body parts 43 Offer many methods 44 Once off or an ongoing cost for consumers? 44 TABLE/GRAPH 7 Hair removal the top 5 body parts - women 44 Same body parts in different countries 44 Seasonal variations 45 Bikinis and Brazilians 45 TABLE/GRAPH 8 Hair removal the top body parts - men 45 Consumer profiles and new technology hair removal 46 Hair removal - older and younger consumers 46 Hair removal and men 46 Men and their sporting heroes 46 Men shave but do not depilate 46 Manly technology 47 Mixed views of long term impact of new technology 47 BODY SHAPING/TONING A NEW MEGA CATEGORY 47 Brands noted in the USA 48 Instant and effort easy results 48 Multiple benefits from vibration 48 Toning or actual weight loss? 48 Strong demand for temporary shaping 49 Trends and growth rates for effort easy shaping 49 Good vibes from consumers for speedy shaping 49 Sagging skin a new beauty category? 49 Skin tightening treatments 50 TABLE/GRAPH 8 The body shaping category – target weight loss, body parts 50 Weight loss ambitions can be light weight 50 Body parts and gender 50 Targeting specific body parts grows sales 50 Reshape with precision (move the hard to shift pounds) 51 Category become more competitive and fragments 51 Body shaping regulatory uncertainty / conflict 51 SECTION 8 NEW COMMERCIAL FORMULAS INNNOVATIVE MANAGEMENT 52 Democracy comes to salons 52 Accessible and visible 52 The WWW is a global shop window 52 New beauty and the culture of time – many levels 52 TABLE/GRAPH 9 Time requirements are precise – the minutes are counted 53 New appointment policy attractive for consumers and businesses 53 TABLE/GRAPH 10 Time blocks allocated for therapies 53 New time culture in line with women’s lives (quotes) 54 New beauty culture - staff attitudes 54 Management innovation from other service industries 55 A record of building entry level services 55 No waste 55 TABLE/GRAPH 11 Beauty innovators versus traditional revenues 55 SECTION 9 MISTAKES TO AVOID 57 Trial and error 57 Apples and oranges 57 Incomprehensible menus of exotics 57 Controversial or misunderstood services 57 Non-compliance 58 SECTION 10 INNOVATORS PRICE SYSTEMS, EXAMPLES 59 New beauty new spending thresholds 59 TABLE/GRAPH 12 Price comparisons – innovation versus traditional 59 Beauty innovators democratize prices 59 Innovations in pricing practices 60 Membership system 60 Membership system in Asia 60 Discounts - examples of practices 60 Different price points 61 Transparent prices 61 Prices posted not always transparent 61 Clients dislike surprise bills 61 High prices not last for some 61 TABLE/GRAPH 13 Prices of treatment leaders (examples France) 62 TABLE/GRAPH 14 Prices salon memberships (examples France) 62 TABLE/GRAPH 15 Prices body shaping and tanning (€ examples France) 62 SECTION 11 NEW BEAUTY AND CONSUMER PROFILES 63 New beauty, new consumers –– from the few to the many 63 Few consumers with beauty loyalties 63 New beauty a market entry point for many? 63 First generation consumers in the BRICs 63 Ethnic diversity well served 64 Short shrift for some traditional categories? 64 Shrinking consumer base? 64 TABLE/GRAPH 16 Consumer profiles - traditional and new beauty 65 TABLE/GRAPH 17 Profile consumers in beauty innovators 65 SECTION 12 PROFILE OF THE TRADITIONAL PROFESSIONAL BEAUTY CHANNEL 66 New beauty threatens the traditional channel 66 Geographical distribution of industry 66 Consumer penetration rates 66 Low transfer rate to professional channel 66 Industry rests on a few treatments 67 TABLE/GRAPH 18 The top 10 beauty therapies – UK and Japan 67 TABLE/GRAPH 19 Beauty salon/spa revenues (% by category) - France and Japan 68 An industry dominated by micros 68 Micro purchasing capacity 68 TABLE/GRAPH 20 Extreme fragmentation of salon/spa market 69 Too small to attempt big change 69 Creatures of habit 69 TABLE/GRAPH 21 Beauty treatment/product categories under threat 70 New suppliers an unknown quantity? 70 Innovators threat in market with fetish for the new? 70 Catching up with others? 70 SECTION 13 NEW BEAUTY FORCES REGULATORY CHANGE 72 Uncertain regulatory future 72 Uncertain regulatory future a barrier to market development 72 Rulings that chill 72 Some in France organize 73 Insurance problems 73 New blurs lines and generates controversy 73 Medical versus cosmetic 73 Practice medicine without a license 74 Different perspectives on change (quotes) 74 Regulatory mess causes practical business problems (“one clinic, many licenses”) 74 SECTION 14 DIAGONAL REPORTS METHODOLOGY, DATA SOURCES 76 Why look to the professional beauty market? 76 Professionals sampled have expertise 76 Methodology to minimize unreliable data 76 Diagonal Reports methodology 77 SECTION 15 TERMS AND ABBREVIATIONS USED IN REPORT 78 Updating terms 78 Disruptive innovation 78 Laser eye surgery - LASIK 78 Vibration machines / vibration training 78 Lipo surgery 79 SYMBOLS AND ABBREVIATIONS 79 SECTION 16 - INDEX OF COMPANIES, BRANDS, SELECTED PUBLICATIONS, AND ORGANIZATIONS (REGULATORY, TRADE, PROFESSIONAL) 80 DIAGONAL REPORTS STATEMENT 82 Date of publication: July 2009 Sample pages from this report and from the accompanying powerpoint presentation are available on request Press Release Other Beauty and Haircare Market Reports Buy This Report |
||||||||||||||