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 during the recession 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. Furthermore, depreciation of the Canadian dollar with strengthen export sales while imports remain relatively steady... 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.
Skin care products
Included in the skin care category are facial creams, lotions, cleansers and functional products (i.e. those that serve a specific purpose, such as antiaging) for men, women and children. Some skin care items, such as lotion, are necessities, while others are discretionary. Over the past five years, the focus on antiaging and natural items has increased this segment's share of industry revenue. Product innovations have placed reformulated products back in the spotlight and on store shelves... purchase to read more