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 Key Buyers Chapter
Industry concentration measures the extent to which large companies dominate the industry. IBISWorld estimates that the top four industry participants will generate just over 40.0% of total industry revenue in 2014. This share suggests a medium level of concentration. US Census data indicates that 64.0% of all industry firms employ fewer than 20 workers, suggesting that the average size of a company operating within the Cosmetic and Beauty Products Manufacturing industry is relatively small. However, given the relatively large market share of the industry's four largest companies, it is likely that these small companies make up a relatively smaller portion of industry revenue.
The level of industry concentration, however, has been gradually increasing... purchase to read more