Nielsen: Sales of household chemicals, cosmetics up in 2014
Retail sales of household chemicals and cosmetics in Hungary rose 2% in volume terms last year after a five-year decline, market research company Nielsen reported yesterday. The sales rose 6% in nominal terms to HUF 333 bln in 2014. Sales growth picked up gradually, to 3% year-on-year in volume terms in Q4.
Shops in excess of 400 sqm had an 86% share of all sales, similar to 2013. The share of shops larger than 2,500 sqm, however, fell 2 percentage, points while the share of supermarkets with a retail space between 400-2,500 sqm and the share of drug stores rose 1-1%, Nielsen added. Retail sales of household chemicals and cosmetics increased in 2014 in every region, with the northwestern counties registering an over-average 9% growth.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.