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Beauty, Cosmetics & Fragrance Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Beauty, Cosmetics & Fragrance Stores Market Research Report | NAICS 44612 | Dec 2013

Looking good: Product innovation will help counteract the threat from online stores

IBISWorld’s Beauty, Cosmetics & Fragrance Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 08-13
0.8%
Annual Growth 13-18
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Profit
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Employment
192,419
Businesses
93,529
Industry Analysis & Industry Trends

Beauty and cosmetics retailers have experienced overall growth over the past five years, despite a few blemishes during the recession. Rising disposable income and new product introductions will continue to support revenue growth in the coming years. Nevertheless, competition is on the rise from department stores, mass merchandisers and e-tailers, which will pressure product prices and industry profit margins... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry for the Beauty, Cosmetics and Fragrance Stores industry are not insurmountable, as evidenced by a large number of new small players over the past decade. In the five years to 2013, the number of industry firms has increased at an annualized rate of 1.0% and is expected to grow at an average annual rate of 2.5% through 2018.

New firms need extensive advertising resources to compete against established players that already have successful brand names supported by promotional resources. Therefore, the ability to financially support intensive advertising and marketing strategies to psychologically influence potential customers, particularly within the fragrance segment, is of strategic significance... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beauty, Cosmetics & Fragrance Stores Industry?

This industry comprises stores that primarily retail cosmetics, perfumes, toiletries and personal grooming products. Establishments include beauty supply stores, specialty cosmetics stores and fragrance stores. With stores located throughout the country, products are sold to households, with individual stores and chains targeting different demographics. Establishments source products from upstream wholesalers or cosmetics and toiletries manufacturers.

Industry Products
Hair care and shower productsCosmeticsSkin care productsFragrancesNail care productsDeodorant and shaving productsSun care, baby care and other products
 
Industry Activities
Retailing cosmeticsRetailing perfumes Retailing toiletries Retailing personal grooming products


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