Thick skin: Diverse product lines and commitment to R&D will sustain revenue growth
IBISWorld’s Cosmetic & Beauty Products Manufacturing 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.
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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 Products Chapter
Skin care products
Skin care is the largest product segment within this industry, accounting for an estimated 27.0% of total revenue. This category includes facial creams and cleansers, functional products (products that serve a specific purpose, such as anti-acne or wrinkle-reducing agents) and men's skin care products. Skin care products can command some of the highest price tags in the industry, with two ounces of some skin products selling for upwards of $200.00. A focus on antiaging treatments has boosted this segment's visibility in the past five years. Companies looking to gain market share often invest in the creation of new products aimed at preserving a youthful appearance... purchase to read more
What is the Cosmetic & Beauty Products Manufacturing Industry?
This industry prepares, blends, compounds and packages beauty products and cosmetics. Products included in this industry are perfumes, makeup items, hair preparations, face creams, lotions and other toiletries. Toothpastes, toothbrushes, soaps and body washes are not included in this industry.
Skin care productsPerfumes and colognesHair care productsCosmetics
Manufacturing natural and synthetic perfumes Manufacturing shaving cream, shaving preparations and aftershave productsManufacturing hair care products Manufacturing face and body creams, beauty creams or lotions and hand cream or lotionsManufacturing sunscreen productsManufacturing cosmetics, including face powders, eye shadows, lipsticks and mascaras Manufacturing bath salts and talcum powders Manufacturing deodorants and depilatory productsManufacturing nail care preparations and nail polishes Manufacturing toilet cream or lotions