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Beauty, Cosmetics & Fragrance Stores in Canada - Industry Market Research Report

Publisher IBISWorld
Published Oct 12, 2024
Length 76 Pages
SKU # IBSS19341046

Description

Beauty, Cosmetics & Fragrance Stores in Canada - Industry Market Research Report


Beauty, Cosmetics & Fragrance Stores in Canada

Canada's beauty, cosmetic and fragrance stores have benefited from rising incomes and unprecedented population growth in recent years. But the sudden impact of COVID-19 sent shockwaves through beauty stores. A slowdown in sales and widespread store closures left retailers to navigate an unprecedented operating environment, although a spike in e-commerce beauty sales coupled with emerging trends mitigated lower in-person sales. Retailers found relief in 2021 as fading pandemic concerns contributed to a strong comeback online and in-store. Now, economic pressures risk consumer spending in discretionary sectors. Still, worries about a beauty spending slowdown haven't come to fruition in 2023, with beauty retailers displaying more resiliency than expected. In all, industry-wide revenue has been expanding at a CAGR of 1.3% over the past five years – totaling an estimated $1.1 billion in 2023 – when revenue will jump an expected 1.4%.

Companies in the Beauty, Cosmetics and Fragrance Stores industry in Canada sell a variety of personal care products, including cosmetics, perfume, hair care, skincare and related items. This industry’s target market includes household and professional users, including hair stylists and makeup artists.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

76 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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