2003 Edition
Statistical Reference Source
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| The U.S. Cosmetic
& Toiletries Market 2003 Edition |
|
| The Complete Marketing & Statistical Reference Source |
After a flat performance in 2001, the U.S. Market for Cosmetics & Toiletries
posts a muted recovery in 2002, as dollar volume reaches $24.7 billion. Domestic
manufacturers continue to lose market share to imported product but can expect
volume growth of 1.7% annually to 2007.... See
our tables covering over 40 years of sales data on 70 product categories, our
detailed estimates for 2002, and our projections through 2007.
Prices remained under pressure again in 2002, inching up just 0.7%, negatively
impacted by a price-conscious consumer as well as a shift to mass market distribution.
Personal consumer expenditures for cosmetics and toiletries rebounds by 2.8%
in 2002, the largest gain since 1999.... See
our analysis of consumer purchasing patterns as well as population projections
to redefine target markets.
Exports slid 2.1% in 2002 to $3.3 billion after rising 10.7% in 2001, on reduced
demand from Mexico, Australia, Germany, Hong Kong, and several Latin American
countries. Despite this setback, exports are projected to increase at a 6.2%
annual pace over the next five years.... See
our extensive coverage of 40 overseas markets for 20 product categories as well
as our foreign market profiles to pinpoint future growth potential.
Following 13.8% annual growth from 1996 to 2001, import volume slowed to a 7.2%
advance in 2002 on weakness in the cream and lotion lines as well as in the
fragrance category. Import penetration of the U.S. market is projected to reach
13.6% in 2007, up from 10.7% in 2002.
The number of production workers continues to trend lower, with 7,800 jobs lost
from 1999 through 2002. Despite layoffs, output is up strongly in 2002 on productivity
gains.
Corporate results are mixed in 2002, with some companies citing difficult market
conditions behind sluggish sales, while strong growth was attributed to acquisitions
and new product launches...See our profiles on more
than 40 cosmetic and toiletry companies to follow their sales analysis and recent
developments.
DIRECTORY OF 1200 COSMETIC & TOILETRIES COMPANIES WITH COMPLETE
ADDRESSES AND PHONE NUMBERS.
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