Industry Analysis & Industry Trends
Viewed as a necessity, the industry's performance remained strong during the recession, as consumers continued to buy acne treatments. Revenue growth will continue 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 Key Buyers Chapter
IBISWorld estimates that in 2012, the top three industry participants (Johnson & Johnson, Guthy-Renker and Reckitt-Benckiser) hold a combined market share of about 68.1%, reflecting a medium level of concentration. However, the remainder of the industry is characterized by a large number of small and medium-size businesses. IBISWorld research indicates that companies employ only about 41 workers on average.
In the five years to 2012, industry concentration has gradually increased: in 2007, the same three players accounted for 54.0% of market share. While no major mergers and acquisitions have occurred during the past five years, major industry players have been able to expand their share of the market by leveraging their brand power... purchase to read more