Looking good: Product innovation and new markets will lead to industry growth

Over the past five years, expansive product selections and skilled staff have driven revenue for the Beauty, Cosmetics and Fragrance Stores industry. An increase in youth-targeted cosmetics, the expansion of male-specific products and the reformulation of anti-aging staples have given specialty beauty stores a new array of items to offer customers. Over the next five years, per capita disposable income will continue to rise and industry revenue will similarly trend upward. However, competition from online retailers is anticipated to curb growth opportunities...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
2.7%
Forecast Growth 17-22
Profit
Employment
16,327
Businesses
6,960
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Industry Threats & Opportunities

  • As per capita disposable income rises, industry revenue will similarly trend upward
  • Upstream turn out of new and improved products has increased demand for high-value goods
  • The introduction of new, high-margin beauty products will fuel revenue growth
  • Industry Report - Industry Investment Chapter

    As with most retail industries, the Beauty, Cosmetics and Fragrance Stores industry exhibits a low level of capital intensity. Labor remains an integral part of the industry, with staff providing makeup application assistance, stocking shelves and managing the registers. Currently, for every dollar spent on labor, $0.05 is directed toward capital. Capital expenses include cash registers, shelving, security cameras, inventory technology and computers. The level of capital intensity in this industry has remained relatively consistent over the five years to 2017...purchase to read more.

    Additional Insights for the Beauty, Cosmetics & Fragrance Stores in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Beauty, Cosmetics & Fragrance Stores in New York Industry are

  • Ability to control stock on hand
  • Production of goods currently favored by the market
  • Having a clear market position
  • IBISWorld analysts also discuss how external factors such as Per Capita Disposable Income in New York and Inbound trips by non-US residents in New York in the Beauty, Cosmetics & Fragrance Stores in New York industry impact industry performance..

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    What is the Beauty, Cosmetics & Fragrance Stores in New York Industry?

    This industry comprises stores that primarily retail cosmetics, perfumes, toiletries and personal grooming products. Establishments include beauty supply stores, specialty cosmetics stores and fragrance stores.

    Industry Products
  • Skin care
  • Hair care
  • Cosmetics
  • Perfumes
  • Industry Activities
  • Retailing cosmetics
  • Retailing perfumes
  • Retailing toiletries
  • Retailing personal grooming products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per Capita Disposable Income in New York
  • Inbound trips by non-US residents in New York
  • Number of adults aged 20 to 64 in New York
  • commerce sales

  • Current Performance
  • New products, higher profit
  • Shifting competitive landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Expanding opportunities
  • Challenges emerge
  • Table: Beauty, Cosmetics & Fragrance Stores in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Beauty, Cosmetics & Fragrance Stores in New York Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Cosmetic & Beauty Products Manufacturing
  • Drug, Cosmetic & Toiletry Wholesaling
  • Soap & Cleaning Compound Manufacturing

  • Products & Services
  • Skin care
  • Other
  • Hair care
  • Cosmetics
  • Perfumes
  • Chart: Beauty, Cosmetics & Fragrance Stores in New York Industry Products and Services Segmentation

  • Major Markets
  • Consumers age 35 to 54
  • Consumers age 55 to 64
  • Consumers age 25 to 34
  • Consumers over the age of 65
  • Consumers under the age of 25
  • Chart: Major Market Segmentation for the Beauty, Cosmetics & Fragrance Stores in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Marketing and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Beauty, Cosmetics & Fragrance Stores in New York

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Beauty, Cosmetics & Fragrance Stores in New York Industry

  • SephoraL Brands Inc.Ulta Beauty Inc.Perfumania Ricky's NYCSally Beauty Holdings Inc.
  • Table: Sephora - financial performance
  • Table: L Brands Inc. - financial performance
  • Table: Ulta Beauty Inc. - financial performance
  • Table: Perfumania - financial performance
  • Table: Ricky's NYC - financial performance
  • Table: Sally Beauty Holdings Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Beauty, Cosmetics & Fragrance Stores in New York Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Beauty, Cosmetics & Fragrance Stores in New York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per Capita Disposable Income in New York (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Brick-And-Mortar
  • A store that has a physical location, as opposed to an online retailer.
  • Cosmetic
  • A powder, lotion, lipstick or other preparation for beautifying the face, skin, hair or nails.
  • E-Tailer
  • A retailer that primarily sells goods and services via the internet. Many of these companies do not have brick-and-mortar locations.
  • Nutri-Cosmetic
  • A nutritional supplement that supports the function and appearance of the skin.
  • Organic
  • A cosmetic made from mineral and plant ingredients rather than derived chemical compounds.
  • Why buy this report?

    IBISWorld’s Beauty, Cosmetics & Fragrance Stores in New York Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Beauty, Cosmetics & Fragrance Stores in New York:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Beauty, Cosmetics & Fragrance Stores in New York market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Beauty, Cosmetics & Fragrance Stores in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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