Although the Global Cosmetics Manufacturing industry is mature in most developed markets, it is also dynamic, characterized by a high degree of innovation, particularly within luxury and prestige product lines. In the previous period, the global recession limited revenue growth for industry manufacturers, and the volatile world price of crude oil (a key industry input) seriously impacted potential industry profit growth. In the coming years, the industry is poised for strong growth, despite its maturity in developed markets. Rebounding consumer purchasing power will pave the way for new product development and introduction, while industry operators' efforts to expand to currently underrepresented markets will continue to expand the industry's scope.
This industry prepares, blends, compounds and packages toilet preparations and personal-care products, including perfumes and fragrances, hair care, makeup, oral care, personal hygiene and skin care products. Players in this industry are large multinational organizations that operate around the globe. Industry products are predominantly sold in downstream grocery, mass merchandisers and specialty retail 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.