Industry Analysis & Industry Trends
When disposable income levels dropped during the recession, industry growth slowed, though it never declined. Renewed disposable income and consumers in emerging markets will provide a foundation for solid growth for the Global Cosmetics Manufacturing industry over the five years to 2018... read more
Historically, production and revenue have been concentrated within the traditional three region boundaries of North America, Europe and North Asia, which account for an estimated 78.7% of industry revenue in 2013; regional key countries include the United States, Japan, the United Kingdom, Germany and France. However, in recent years, revenue is increasingly being generated from emerging and new markets, such as Russia and China. Major industry player L'Oreal generated less than 31.0% of its sales from markets outside of Western Europe and North America in 2008; by 2012 that percentage had jumped to 57.0%.
Within the European Union, there are an estimated 4,000 cosmetics manufacturers, two thirds of which are small- to medium-size enterprises... read more