Industry Analysis & Industry Trends
Manufacturers of beauty products weathered the recession fairly well thanks to their vast product range. This trend will continue into the next five years as the economic recovery pushes the industry into continued growth. Furthermore, improving disposable incomes will allow consumers to spend more on nonessentials like makeup. Manufacturers will also expand their product lines and geographic reach to take advantage of new market opportunities as the domestic market remains saturated... purchase to read more
Industry Report - Industry Investment Chapter
The Cosmetic and Beauty Products Manufacturing industry has a high level of capital intensity. For every dollar spent on labor, the industry spends about $0.48 on capital, which indicates that many of the processes are automated. Many of the products, including hair and skin care, are mass-produced; however, a small portion of very specialized skin care products and cosmetics may require higher levels of human input.
The majority of firms operating within this industry employ fewer than 20 workers. However, the majority of the industry revenue comes from larger firms with more workers. During the recession, these industry firms came to rely more heavily on capital, since reducing employment was an easy way to cut costs... purchase to read more