Makeup, skin care biz up as people step out, Health News, ET HealthWorld
According to consultancy Kantar, which tracks monthly FMCG purchases of over 81,000 Indian homes, hygiene continues to see high demand. But the marked return of grooming and beauty needs helped personal care categories claw back some growth (see graphic).
In personal care, skin creams — which contracted 9% during March-May — have grown 2% in June-August. Talcs, which shrank 17% during March-May, registered 3% growth in June-August. In hair colours, the negative growth has reduced from -19% to -9% over the same period. All the numbers are for all-India volumes. Kantar MD (South Asia, Worldpanel division) K Ramakrishnan said, “The data is for categories that have seen a tough lockdown period (March-May), but had better performance in June-August.”
A L’Oreal India spokesperson said a combination of improving supply, shops reopening and people resuming socialising and work-from-office resulted in consumption going up. This has also resulted in a greater engagement with discretionary categories like makeup and personal care in the June-August quarter.
According to research conducted by L’Oreal, half of the respondents have already invited friends over and gone to meet them. “While still not back to 2019 levels of course, we expect every month to be better than the previous, especially given the upcoming festive season,” said the spokesperson.
However, according to Nielsen, the skin care category witnessed a double-digit decline of around 10% for in terms of sales value for the year ending August 2020 (moving annual total, or MAT). Nielsen Global Connect executive director (retail intelligence — South Asia) Sameer Shukla said, “The skin care category was on the non-essential list of consumer goods when the lockdown was announced. Over the last few months, consumers were not going out as much, and even now people have hesitation in stepping out of their homes/workplace — so usage has been low. This has impacted the skin care category severely over the last six months, resulting in a double-digit decline for the category sales value in the year ending August 2020 (MAT).” Shukla said the face care segment within the skin care category suffered more than ‘hand and body care’.