Beauty, Cosmetics & Fragrance Stores in the US
Accelerated by economic growth, product innovation and market expansion, revenue for the Beauty, Cosmetics and Fragrance Stores industry is expected to increase over the five years to 2018. Moreover, an increase in disposable income has spurred consumers to purchase price-premium products, boosting revenue. The industry is increasingly catering to new markets, including teenagers and men, to expand their market reach. As per capita disposable income continues to rise over the coming years, industry revenue is forecast to similarly trend upward. Over the five years to 2023, revenue is anticipated to grow. Moreover, the proliferation of naturally derived products will spur growth in new markets.
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.
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.