Consumer Products, Cosmetics, Hair & Personal Services Industry Market Research

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Consumer Products, Cosmetics, Hair & Personal Services OVERVIEW

 Consumer products and services are such an ingrained part of everyday life it might be easy to forget their importance as an industrial sector.
     Items that are expected to be readily available, consumer products can take on a very broad definition.
     At Plunkett Research, the consumer products industry includes household products, soaps and cleansers, cosmetics and makeup, skin care, nail care and hair care.
    Also, we consider a wide range of businesses to be in the consumer services sector, including pet care; nail and hair salons; spas and massage services, and many other types of personal services.
     Plunkett Research estimates the U.S.
    market for barber, hair, beauty and nail salons, as well as diet centers, spas and similar personal services, at $70 billion for 2018, to grow to $89 billion by 2024.
     The global beauty products and personal care products market is estimated at $432.7 billion for 2016 by analysts at Inkwood, with growth projected to $750 billion by 2024.
     At Plunkett Research, we estimate U.S.
    Cosmetics, personal care and household cleansers manufacturing industry revenues at about $95 billion for 2018, growing to $124 billion by 2024.
    While mass-market retailers, including discount stores, department stores, drugstores and supermarkets, are major sellers of consumer products, there are also a considerable number of specialty stores, including the Ulta chain of beauty and skin care products, as well as its competitor Sephora.
     Plunkett Research estimates the specialty cosmetic and beauty

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