Industry Analysis & Industry Trends
Over the five years to 2014, 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 Products Chapter
No governing body formally defines cosmeceuticals. The term is moreso for marketing purposes to define beauty products that function mainly as cosmetics but also have purported pharmaceutical properties to cure, treat or prevent mild skin disorders or diseases. For example, many of these products function mainly as a facial wash or moisturizer, but also contain additives to clear acne or protect the skin from the sun's harmful rays. Most of this industry's products are gaining demand as consumers increasingly desire multifunctioning beauty products.
Antiaging topical treatments
Antiaging creams and peels make up the bulk of this industry at 30.0% of revenue. Such products use additives that are purported to help skin obtain or retain a youthful appearance... purchase to read more