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Beauty and personal care industry set to grow to £15 billion by 2020

According to market research firm GlobalData, health and beauty is now retail’s fastest growing sector. Data collector Statista found that the market value for beauty and personal care reached around £14.7 billion as of 2019, and is expected to grow to £15 billion in 2020. The sector is also forecast to grow by over 16% until 2023.

Despite the growth in the sector, traditional market leaders such as Boots and Superdrug have actually lost some of their market share thanks to a rise in department stores and clothing retailers such as Primark, expanding their health and beauty offerings.

Now, it’s common to see dedicated health and beauty sections in all kinds of general retail stores, and they’re only getting bigger. Just over 93% of UK health & beauty shoppers purchased an item in a store in the past year.

Skincare is one of the highest growing beauty categories with spend set to rise by almost 23% over the next five years. There’s also been a real push towards vegan, cruelty-free and organic beauty products which is driving innovation in ethical cosmetics. Conscious consumers are demanding products that enhance their overall wellbeing and that means having no guilt associated with the products they’re using.

As the sector explodes, it makes sense that more retailers would make space in their business to incorporate health and beauty lines, with some even releasing their own-brand beauty collections, and existing beauty brands expanding their range.

Those companies who are either expanding their beauty offering, adding lines to their existing output, or making their products vegan-friendly to meet consumer demands, may need to make changes to their manufacturing and/or storage facilities.

Our innovative range of partitioning can be of use in a number of ways:

  • To provide dust prevention between processes
  • To create temperature controlled enclosures
  • To provide storage and production segregation or creation of new designated areas
  • To enclose external canopies to create additional storage or to control draughts/dust
  • To enclose mezzanine floors
  • To prevent cross contamination in goods storage

We recently worked with Estee Lauder’s Whitman Laboratories to partition a mezzanine floor at their manufacturing and storage facility in Petersfield, Hampshire.

We also have internal hoarding solutions that have been used extensively within retail stores during refurbishments where the store has remained open and a clean, professional look has been required. Some examples include a high profile Oxford Street store, H&M and Debenhams.

At Westgate we understand the demands of the health and beauty sector. Contact us to find out more about how our hoarding and partitioning products can be of use to those in the health and beauty industry.

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