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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 | Aug 2014

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

IBISWorld’s Beauty, Cosmetics & Fragrance Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 09-14
2.3%
Annual Growth 14-19
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Profit
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Employment
203,023
Businesses
96,586
Industry Analysis & Industry Trends

Beauty and cosmetics retailers have experienced overall growth over the past five years, despite a few bumps in the road during the recession. Rising disposable income levels and new product introductions will continue to support revenue growth moving forward. 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 - Industry Investment Chapter

Over the five years to 2014, labor intensity relative to capital investments has increased, but remains low. Currently, for every dollar spent on labor, $0.11 is directed toward capital. This trend reflects the industry's move toward higher-skilled professionals. Moreover, wage costs have rebound from their recessionary lows, giving them a larger space in the Beauty, Cosmetics and Fragrance Stores industry. During the recession, operators cut wages as consumer spending waned. In 2009, average wages' share of revenue declined to 28.1%. As consumer demand for cosmetics has rebound, retailers have hired more staff, and as a result, wages have grown... 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. Products are sold to households, with individual stores and chains targeting different demographics.

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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