Industry Analysis & Industry Trends
Over the past five years, expansive product selections and skilled staff have driven revenue for the Beauty, Cosmetics and Fragrance Stores industry. An increase in youth-targeted cosmetics, the expansion of male-specific products and the reformulation of antiaging staples have given specialty beauty stores a new array of items to offer customers. In the next five years, per capita disposable income will continue to rise and industry revenue will similarly trend upward. However, competition from online retailers is anticipated to curb growth opportunities... purchase to read more
Industry Report - Industry Locations Chapter
Beauty, cosmetics and fragrance revenue concentration follows the distribution of population across the United States. For example, the Southeast region accounts for 25.4% of the population and 29.4% of industry establishments. Within the Southeast, Florida accounts for the largest share of the industry locations, with 8.4% of the total. The state has several major metropolitan areas, which are also hubs for tourists. This factor sets the stage for many discretionary purchases.
The West region, which holds 17.1% of the country's population, accounts for 17.0% of industry establishments. California, the most populous state in the region, also has the highest share of industry establishments at 13.1%... purchase to read more