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Health Stores in the US - Industry Market Research Report

  • September 2016
  • -
  • Ibisworld
  • -
  • 36 pages

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Daily value: Growing interest in nutrition and an aging population will boost industry demand



Abstract

Health Stores in the US

Despite struggles across the entire retail sector, the rapidly growing Health Stores industry has performed well over the past five years. The needs of the aging population, trends toward increased healthy living and improving per capita disposable income are all contributing to the industry's growth. In particular, changing attitudes toward personal healthcare are driving demand for natural and antiaging products. As a result, revenue is expected to rise during the five years to 2016, and moderate growth is expected to continue during the next five years. Despite cost-reduction efforts, profit margins are expected to fall, as competition from new market entrants, mass merchandisers and online retailers intensifies and drives down prices.

The Health Stores industry includes retailers that primarily sell health and personal care products. Industry establishments include nutritional supplement stores, convalescent and prosthetic supply stores and specialized medical supply stores. The industry excludes pharmacies and optical goods, perfume, cosmetics and beauty supply stores. Online sales are also excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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