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 - Starting a New Business Chapter
Barriers to entry into the Cosmetic and Beauty Products Manufacturing industry are moderate and increasing. Established manufacturers, which benefit from economies of scale and scope, can pose a barrier for potential entrants. These operators have cost-minimizing measures and promotional resources in place, which give them an advantage in competing for downstream shelf space. These companies generally have products with well-established brand names (like Procter &Gamble's Olay, Pantene and Gillette), which pose another barrier to entry for new companies with unknown product names.
These large companies can also more easily afford the sort of product development necessary for survival in this increasingly complex industry... purchase to read more