Industry Analysis & Industry Trends
Adolescents comprise the Acne Treatment Manufacturing industry's largest market, and high unemployment levels and thus low disposable incomes within this shrinking age bracket have caused sales of over-the-counter acne treatments to stagnate since the recession. Revenue growth will pick up over the next five years, as disposable incomes improve and manufacturers cater to consumer preferences for all-natural products. Nevertheless, competition from prescription acne treatments and laser procedures may limit overall growth.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Acne Treatment Manufacturing OTC industry is in the mature stage of its life cycle. According to the American Academy of Dermatology, acne affects an estimated 40 million to 50 million Americans, and 85.0% of adolescents develop acne. Consequently, there is stable demand for acne treatment products manufactured by this industry. Industry value added, which measures the industry's contribution to the overall economy, is projected to rise at an annualized rate of 1.0% over the 10 years to 2019. In comparison, US GDP is forecast to rise at an average annual rate of 2.5% over the same period. Therefore, the industry is growing roughly in line with the overall economy.
Another indicator of the industry's maturity is the stable number of operators... purchase to read more