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 Investment Chapter
The Cosmeceutical Skincare Production industry has a medium level of capital intensity. In 2014, wages and depreciation are estimated to account for 13.3% and 3.4% of industry revenue, respectively. Using depreciation as a proxy for capital expenditure, an average industry company is expected to invest $0.26 in capital for every dollar it spends on labor in 2014.
Although capital intensity has increased during the past five years as a result of increased automation in the production process, industry wages are higher than those of most cosmetic production industries. This is because industry operators spend a greater amount on research and development, a portion of which is absorbed through the wages of scientists and chemical engineers... purchase to read more