Cotton Personal-Care Product Manufacturing
Over the past five years, the Cotton Personal-Care Product Manufacturing industry declined as a result of limited change in product development and consumer trends. The use of medical and cosmetic cotton products among hospitals, physicians and consumers remained stable even as products made with alternative materials entered the market. The declining price of cotton has maintained demand for inexpensive industry staples such as cotton balls and swabs. As a result, generic brands became popular as consumers continued to prefer savings over brand names. Over the next five years, demand is projected to remain steady for industry products such as gauze, cotton balls and swabs, as both prices and product innovation are anticipated to remain stable. In turn, relatively low input prices, as well as economies of scale for larger operators, will sustain profit margins.
This industry comprises operators that manufacture personal care and beauty products primarily made of cotton. Products include but are not limited to cotton swabs, cotton balls and facial wipes. This industry also includes surgical cotton products both sterile and nonsterile.
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.
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