SEARCH   
MEMBER LOGIN    

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 | Jan 2016

Daily value: Growing interest in nutrition and an aging population will boost industry 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
$23bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
185,646
Businesses
78,567
Industry Analysis & Industry Trends

Despite struggles across the entire retail sector, the rapidly growing Health Stores industry has performed well over the past five years. The needs of the aging population, trends toward increased healthy living and improving per capita disposable income are all contributing to the industry's growth. In particular, changing attitudes toward personal healthcare are driving demand for natural and antiaging products. As a result, revenue is expected to rise during the five years to 2016, and 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 - Industry Key Buyers Chapter

Despite recent acquisitions and mergers, the Health Stores industry has a low level of market share concentration, with the top two players accounting for an estimated 12.5% of total industry revenue. The industry is highly fragmented because of the specialty nature of health stores. Specialty health retailers typically cater to a more sophisticated customer by focusing on selection and customer service, while the mass merchandisers generally offer a limited assortment composed of more mainstream products with less customer care. The more customized nature of the industry makes it difficult to achieve a large national presence, in that products must be monitored closely and staff must be trained and educated... 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. Online sales are also excluded from the industry.

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


View Sample
Quote
Select Clients