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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 | Apr 2016

Looking good: Product innovation and new markets will lead to industry growth

IBISWorld’s Beauty, Cosmetics & Fragrance Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 11-16
4.7%
Annual Growth 16-21
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Profit
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Employment
230,527
Businesses
91,236
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 SWOT Analysis Chapter

The Beauty, Cosmetics and Fragrance Stores industry is growing. Industry value added (IVA), which measures the industry's contribution to the overall economy, is expected to grow at an average annual rate of 5.8% over the 10 years to 2021. This pace is significantly faster than the growth rate of GDP, which is anticipated to grow at an average of 2.2% per year over the same period. Beauty stores provide a unique experience by catering to consumers' specific needs, which is a competitive advantage that traditional makeup outlets such as department stores and drugstores do not offer... 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.

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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