Cotton Personal-Care Product Manufacturing
The Cotton Personal-Care Product Manufacturing industry produces cotton gauze, balls, pads and swabs commonly used for medical and personal purposes. The industry has expanded economically yet contracted physically over the five years to 2019. Rising demand from medical service providers and beauty product manufacturers have supported the industry's economic expansion, while the industry dominance of multinational conglomerates has discouraged new entrants. Over the five years to 2024, demand is projected to remain steady for industry products as a result of stabilizing cotton prices, a depreciating US dollar and the industry's relatively inelastic pockets of demand. However, due to a forecast decline in consumer spending over the next five years, IBISWorld expects the industry's economic output to contract, albeit to a negligible degree.
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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