Boston, MA -- (ReleaseWire) -- 02/20/2014 -- This report provides a concise overview of the Skincare market in the US. After reading this report, you will understand the size of the market, the economic, demographic, and behavioral trends that will drive its evolution and the leading companies within the market, allowing you to plan effectively for the future.
Introduction and Landscape
Why was the report written?
This overview of the consumer and market dynamics of the US Skincare sector allows new entrants and established companies to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.
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What is the current market landscape and what is changing?
The volume of Skincare products used in the US will steadily increase during 2012-2017 at a CAGR slightly higher than that registered during 2007-2012. However, the market registered lower growth during 2009 as the market is not completely immune to the economic recession.
What are the key drivers behind recent market changes?
The US has a large young population, as a number of Millennials will reach the age of 25 years, or older, during 2012-2017. Their growing aspiration to look young and beautiful will drive demand for Skincare products in the country.
What makes this report unique and essential to read?
This report brings together consumer insight and market data to provide a comprehensive brief of the US Skincare sector. This allows for the rapid identification of key growth opportunities across five Skincare categories and their packaging.
Key Features and Benefits
Analysis of consumer behavior, economic conditions, and demography reveals emerging opportunities in the Skincare sector in the US.
Key growth categories are highlighted by analyzing the market dynamics of five Skincare categories: Body Care, Depilatories, Facial Care, Hand Care, and Make-up Remover.
Market shares are provided for the leading brands across the Body Care, Depilatories, Facial Care, Hand Care, and Make-up Remover categories.
An overview of packaging trends in the US Skincare sector is provided, including primary packaging material and type, packaging closures, and outer packaging.
Key future trends are highlighted and analyzed in order to identify opportunities and threats in the Skincare sector.
Key Market Issues
The market for premium Skincare products continues to grow in the country. The gradual recovery of the US economy supported by a positive tilt in the stock market has led to growth in consumer confidence, particularly amongst the higher income group consumers who are no longer shy of making premium purchases in the Skincare sector.
Body Care and Facial Care are the most valuable categories in the US Skincare sector and are expected to witness strong growth rates during 2012-2017.
Companies Mentioned in this Report: The Procter and Gamble Company, Johnson and Johnson GmbH, Coty, Inc., Reckitt Benckiser plc, Avon Products, Inc., Estee Lauder Inc., Kao corporation ,Beiersdorf AG ,L'Oreal S.A. ,
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