Industry Analysis & Industry Trends
The wide range of beauty and personal care goods produced by the Cosmetic and Beauty Products Manufacturing industry protects its participants from drastic changes in disposable income. Fluctuating incomes do affect cosmetics, but essential goods, such as shampoo, experience steadier demand. Industry revenue has increased steadily in recent years, as some of the industry's largest export partners began to experience postrecessionary growth. In the coming years, the industry's diverse product lines and commitment to research and development will keep revenue growth steady... purchase to read more
Industry Report - Industry Locations Chapter
The industry is highly concentrated in the West and Mid-Atlantic regions of the United States, which account for an estimated 29.0% and 21.0% of industry revenue, respectively. California has the highest concentration of industry establishments at 23.6%; every other state pales in comparison, with the New Jersey representing the second highest concentrations at 9.5% of establishments.
With its high population and fashion-forward metropolises, California represents an extremely large market for industry products. Companies that locate their manufacturing facilities in close proximity to their downstream markets are able to save on transportation costs; therefore, the West is an attractive location for industry operators looking to boost their profit margins... purchase to read more