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The 2023-2028 Outlook for Beauty and Personal Care Products in the United States

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This study covers the latent demand outlook for beauty and personal care products across the states and cities of the United States. Latent demand (in millions of U.S. dollars), or potential industry earnings (P.I.E.) estimates are given across some 12,600 cities in the United States. For each city in question, the percent share the city is of its state and of the United States as a whole is reported. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. This statistical approach can prove very useful to distribution and/or sales force strategies. Using econometric models which project fundamental economic dynamics within each state and city, latent demand estimates are created for beauty and personal care products. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of beauty and personal care products as including all commonly understood products falling within this broad category, such as cosmetics, perfumes and fragrances, shampoo, conditioner, shampoo plus conditioner, hairspray, hair treatments, hair color, shaving cream, shaving razors, deodorants and antiperspirants, bath products, toothpaste, dental floss, toothbrushes, mouth rinses, skin cleansers, skin lotions and oils, sunscreen aftersun care, including gift sets and children's products, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Aveeno, Avon Products, Beiersdorf, Coty, e.l.f. Cosmetics, Estee Lauder, Estée Lauder, Henkel AG, Kao Corporation, L’occitane International SA, L’Oréal, LOreal, L'Oreal, L'Oréal, mandom, Mary Kay, Oriflame Cosmetics, Procter & Gamble, Revlon, Riverderm AG, Shiseido, the Estée Lauder Companies, TLC Hygienic Cosmetic Pty, Ltd., Unilever, and Weleda. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).

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The 2023-2028 Outlook for Beauty and Personal Care Products in the United States

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Product origin: United Kingdom

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