Industry Analysis & Industry Trends
Over the five years to 2013, strong investment in research and development and an aging population have underpinned rapid growth, even during the recession. While growth is expected to slow slightly over the next five years as the market approaches saturation and competition heats up, higher demand from mass merchandisers and value-priced products will keep demand for the industry strong.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Cosmeceutical Skincare Production industry is dominated by several large consumer products companies, including Proctor and Gamble and Unilever. IBISWorld estimates that the top three firms will represent some 67.3% of the market in 2013, indicating that the industry has a high level of concentration.
In spite of the dominance posed by major players, the majority of firms in this industry are relatively small players that specialize in a small number of product lines to serve niche markets. These products are typically sold in specialty shops, as opposed to the national brands, which dominate the shelves of drug stores and grocery markets. IBISWorld expects that the major players will continue to gain market share, given their massive marketing budgets and mass-market appeal... purchase to read more