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U.S. Cosmetic & Toiletries Market
Market Studies Inc., Oct 2002, Pages: 467
This report is a complete marketing and statistical reference source for the Cosmetic & Toiletries Industry covering 40 years of statistical information along with commentary and analysis on market size and growth potential. The report covers product mix, pricing, export markets, import penetration, economic indicators, demographics, industry stats, financial and strategic analyses of industry participants, and a directory of 1,400 U.S. Cosmetic & Toiletries companies with addresses and phone numbers.
After a flat performance in 2001, the U.S. Market for Cosmetics & Toiletries posts a muted recovery in 2002, as dollar volume reaches $24.7 billion. Domestic manufacturers continue to lose market share to imported product but can expect volume growth of 1.7% annually to 2007....See our tables covering over 40 years of sales data on 70 product categories, our detailed estimates for 2002, and our projections through 2007.
Prices remained under pressure again in 2002, inching up just 0.7%, negatively impacted by a price-conscious consumer as well as a shift to mass market distribution.
Personal consumer expenditures for cosmetics and toiletries rebounds by 2.8% in 2002, the largest gain since 1999....see our analysis of consumer purchasing patterns as well as population projections to redefine target markets.
Exports slid 2.1% in 2002 to $3.3 billion after rising 10.7% in 2001, on reduced demand from Mexico, Australia, Germany, Hong Kong, and several Latin American countries. Despite this setback, exports are projected to increase at a 6.2% annual pace over the next five years....See our extensive coverage of 40 overseas markets for 20 product categories as well as our foreign market profiles to pinpoint future growth potential.
Following 13.8% annual growth from 1996 to 2001, import volume slowed to a 7.2% advance in 2002 on weakness in the cream and lotion lines as well as in the fragrance category. Import penetration of the U.S. market is projected to reach 13.6% in 2007, up from 10.7% in 2002.
The number of production workers continues to trend lower, with 7,800 jobs lost from 1999 through 2002. Despite layoffs, output is up strongly in 2002 on productivity gains.
Corporate results are mixed in 2002, with some companies citing difficult market conditions behind sluggish sales, while strong growth was attributed to acquisitions and new product launches.....See our profiles on more than 40 cosmetic and toiletry companies to follow their sales analysis and recent developments.
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