The challenging economic conditions seen in 2023 are expected to persist into the forecast period, exacerbated by the economic impact of the Israel-Hamas War, which is likely to lead to higher taxes. With high levels of economic uncertainty and prices continuing to rise in the early part of the forecast period, local consumers are expected to continue to shift towards the mass market and away from the premium segment.
The openness of locals to trying new things represents a significant threat to the local market for premium beauty and personal care products. As more products are launched in the mass market, the mass beauty and personal care segment is seeing a notable increase in quality.
At the time of writing, there is no end in sight for the Israel-Hamas War. Once the war is over, the government is expected to face considerable pressure, and elections are highly likely.
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Understand the latest market trends and future growth opportunities for the Premium Beauty and Personal Care industry in Israel with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Premium Beauty and Personal Care industry in Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Premium Beauty and Personal Care
This is the aggregation of premium colour cosmetics, fragrances, deodorants, skin care, sun care, baby and child-specific products, bath and shower and hair care.
See All of Our DefinitionsThis report originates from Passport, our Premium Beauty and Personal Care research and analysis database.
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