Industry Analysis & Industry Trends
Revenue growth for the industry is determined by demand from wholesalers and retailers, which is ultimately driven by consumer spending, tastes and preferences. In the past five years, industry revenue has grown marginally, despite a decline in per capita disposable income in 2009 that hurt demand for high-margin luxury products. Revenue is projected to fare better over the next five years as per capita disposable income continues rising slowly, resulting in stronger downstream demand from wholesalers and retailers... purchase to read more
Industry Report - Industry Products Chapter
The industry supplies a range of toiletries, including essential items like shampoo and discretionary products like nail polish. The relative size and performance of each segment is outlined below.
Hair care products
Items in this segment include shampoo, conditioner, hair styling products, permanent curling and straightening serums and hair dye. The hair care segment is a mature one, saturated with products and brands. Products aimed at specific hair types (e.g. fine hair, color-treated hair or dry hair) are prevalent. Because penetration rates are high, little product innovation has occurred over the past five years. As a result, this segment has remained relatively stagnant, consistently accounting for about 14.7% of industry revenue... purchase to read more