Industry Analysis & Industry Trends
Their day in the sun
The Self-Tanning Product Manufacturing industry has seen a meteoric rise in revenue since the turn of the millennium and will not slow by much in the five-year period to 2016. Growing concerns about the effects of UV rays and a growing skin cancer rate has lured many consumers to use sunless tanning products. As this industry's products continue to provide better results, they are increasingly desirable to consumers, who are also expected to see a rise in disposable income, further bolstering revenue.... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a moderate level of capital intensity. Self-tanning product manufacturers typically invest 21 cents of capital for every dollar spent on labor, which accounts for 19.9% of revenue in 2011. The industry's products are often mass produced, requiring a great deal of machinery; however, manufacturing functions like quality control, inspection and research and development require higher levels of human input. IBISWorld forecasts that depreciation costs will continue to increase as the US manufacturing sector moves toward greater automation... purchase to read more