Cosmetic & Beauty Products Manufacturing in Canada
The Cosmetic and Beauty Products Manufacturing industry is a mature one, providing widely accepted and necessary personal care products, such as shampoo and lotions, to downstream consumers. Revenue growth is determined by demand from wholesalers and retailers, which is ultimately driven by consumer spending, tastes and preferences. Rising consumer confidence and disposable income levels have encouraged consumers to increasingly purchase the industry's high-end luxury products. As a result, industry revenue is estimated to have increased over the five years to 2017. Over the next five years, continued improvements in the economy will spur demand for this industry; however, rising import competition may threaten profit margins, prompting operators to expand their product lines and promote higher margin items.
This industry prepares, blends, compounds and packages beauty products and cosmetics. Products included in this industry are perfumes, make-up items, hair preparations, face creams, lotions and other toiletries. Toothpastes, toothbrushes, soaps and body washes are not included in this industry.
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.