UK COVID-19 And BPC: A Year On Market Report 2021
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The UK BPC report identifies consumer attitudes towards beauty and personal care in the UK. The Market report covers the market size, market forecast, market segmentation and industry trends for the UK BPC Market in the UK.
Current Market Landscape
The COVID-19 pandemic saw major changes to the lives of many consumers, with national lockdowns throughout 2020 and into 2021 causing many to spend more time at home. COVID-19’s impact on the beauty industry also saw a shift in how consumers purchased and used BPC products.
The reduction of social occasions during the COVID-19 pandemic impacted the usage and spend across several BPC categories, with fragrances and colour cosmetics amongst the hardest hit. While social occasions return and see demand recover, there will be residual effects as consumers have embraced a lower-maintenance approach to beauty and grooming.
Future Market Trends in UK BPC Market
The biggest threat currently facing the post-COVID BPC industry will be price competition. Consumers are looking for value, and the sudden growth in the online channel will exacerbate the issue as it aids price comparison behaviours. This will make it easier for BPC consumers to buy lower-priced products, especially with the economic impact of the pandemic limiting many budgets.
Innovations in BPC products will buoy the BPC industry demand as consumers remain willing to spend where there is a perceived return on investment, with 35% of BPC consumers saying the effectiveness of a product has grained more importance since the start of the pandemic. This means the biggest opportunities in the post-COVID BPC market is asserting product efficacy through data and science-backed claims, as well as increased awareness over diversity.
Read on to discover more details or take a look at all of our UK Beauty and Personal Care market research.
Brands: Byredo, Next, Codex Beauty, L’Oréal, Estée Lauder, Alterna Haircare, Boots, Mankind, The Modern Man, Cult Beauty, H Beauty.
This report, written by Samantha Dover, a leading analyst in the Beauty and Personal Care sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
COVID-19 has created unprecedented challenges for the UK BPC market, driving a significant decline in spending on both BPC products and professional services. Whilst spend will recover as restrictions are eased, there will be a lasting impact as consumers prioritise value and favour low-maintenance routines. However, as consumers invest in beauty and grooming to lift their mood, and results remain important, consumers will be willing to spend both time and money on BPC where there is a perceived return on investment. There are also opportunities to create a more seamless online and offline experience as consumers adopt a more hybrid approach to shopping.
Samantha Dover
Senior Beauty and Personal Care Analyst
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.