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Health Stores in the US: Market Research Report

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

Health Stores Market Research Report | NAICS 44619 | Sep 2014

Healthy growth: Rising health consciousness and the needs of the aging population will bolster demand

IBISWorld’s Health Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 09-14
2.0%
Annual Growth 14-19
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Profit
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Employment
156,510
Businesses
64,847
Industry Analysis & Industry Trends

Despite struggles across the entire retail sector, the rapidly growing Health Stores industry has performed well during the five years to 2014. The needs of the aging population, increasing trends toward healthy living, improving per capita disposable income and escalating healthcare costs are contributing to the industry's growth. In particular, changing attitudes toward personal healthcare are driving demand for natural and anti-aging products. As a result, revenue is expected to rise during the five years to 2014. Moderate growth is expected to continue during the next five years. Despite cost-reduction efforts, profit margins are expected to fall, as competition from new market entrants, mass merchandisers and online retailers intensifies and drives down prices... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the Health Stores industry are moderate. While the market share concentration in the Health Stores industry is low, existing retailers have developed strong relationships with wholesale distributors, ensuring that they receive the most competitive prices that can then be passed on to customers, as the company maintains and expands its market share. Additionally, some players are subsidiaries of vertically integrated supplement manufacturing firms. This gives their retail operations a competitive price and supply advantage... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Health Stores Industry?

The Health Stores industry includes retailers that primarily sell health and personal care products. Industry establishments include nutritional supplement stores, convalescent and prosthetic supply stores and specialized medical supply stores. The industry excludes pharmacies and optical goods, perfume, cosmetics and beauty supply stores.

Industry Products
Vitamin and mineral supplementsFirst-aid productsConvalescent care productsOrthopedic equipmentSports nutrition products
 
Industry Activities
Retailing convalescent care productsRetailing first-aid productsRetailing orthopedic equipmentRetailing sports nutrition equipmentRetailing vitamin and mineral supplementsRetailing otological equipment


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