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Saturday, June 15, 2013

Hair & Nail Salons in the US Industry Market Research Report from IBISWorld has Been Updated

Los Angeles, CA (PRWEB) December 24, 2012

With industry operators giving their best efforts to offer services in line with changing consumer sentiment, the Hair and Nail Salons industry held steady against the recession. Over the five years to 2012, IBISWorld estimates that revenue has increased at an average annual rate of 2.0% to an estimated $ 46.4 billion. In addition to standard haircuts, many salons offer facials, hair modification treatments like perms and straightening, massages and deluxe manicures and pedicures. According to IBISWorld industry analyst Caitlin Moldvay, with persistent and widespread unemployment during the period, consumers were less willing to spend on these high-value discretionary services, opting for basic haircut services. Consumers also decreased their number of salon visits, stretching out the time between appointments. These changes in purchasing patterns caused revenue to dip slightly during the recession. However, declining unemployment and a slew of new products and services in more recent years have favorably impacted industry revenue, causing demand for hair and nail salon services to rebound modestly and grow by an estimated 2.8% in 2012.

The Hair and Nail Salons industry is highly fragmented, dominated by nonemployers or small businesses spread across many locations to be close to key consumer markets in high-traffic locations. Over the past five years, companies have continued to enter the industry, attracted by its stable consumer base and low barriers to entry. For example, an industry operator can simply be a hair stylist or nail technician that rents a booth from a hair or nail salon. As such, enterprise growth has remained strong, despite a drop in consumer sentiment and slowdown in spending, says Moldvay.

Economic conditions are anticipated to improve over the five years to 2017, with industry revenue forecast to increase at an average annual rate of 3.6% to $ 55.4 billion. Declining unemployment during the period is expected to drive per capita disposable income growth. Equipped with larger budgets, consumers will likely favor professional salon products and services over the cheaper alternatives sold at drugstores. Meanwhile, environmental concerns are expected to become more prevalent over the next five years, which will lead salons to offer a wider array of eco-friendly products that appeal to emerging consumer preferences. For more information, visit IBISWorlds Hair & Nail Salons in the US industry report page.

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IBISWorld industry Report Key Topics

This industry comprises salons that primarily offer hair care and nail care services. In addition to retailing beauty products, these companies may also provide facials and makeup applications. This industry does not include companies that primarily offer training in barbering or hairstyling, nor does it include electrolysis, permanent makeup or tanning services.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Hair Loss Treatment and Removal in the US Industry Market Research Report from IBISWorld has Been Updated

Los Angeles, CA (PRWEB) January 21, 2013

The Hair Loss Treatment and Removal industry provides consumers with a variety of procedures and treatments that address many hair care needs. Over the five years to 2012, revenue expected to grow an average 0.4% annually to $ 551.1 million, including a 1.5% increase in 2012 alone after a slight dip during the recession. Hair treatment centers can attribute this growth to the rising emphasis consumers have placed on physical appearance. This focus has transitioned industry services from purely cosmetic, discretionary treatments to procedures necessary for general personal upkeep. Aging males seeking hair loss treatment and females seeking hair removal services dominate industry demand, says IBISWorld industry analyst David Yang. These markets, along with modifications to the way hair care centers operate their businesses, helped keep the industry afloat during the recession.

Over the past five years, hair care centers have adapted to the widening availability of more effective forms of treatment. For example, hair loss treatment companies have been championing nonsurgical hair replacement techniques that provide consumers with real human hair weaved in between their existing follicles. Hair removal centers have also benefited from significant technological advancements, adds Yang. Many removal clinics now advocate laser removal methods and other forms of electrolysis as the most effective treatment. Profit margins slightly declined, however, as competition intensified and firms lowered prices to attract customers during the recession. Hair loss treatment and hair restoration is a very large business sector and mostly fragmented, with small, private operators. However, most hair restoration operations are surgical procedures and accounted for in the healthcare sector. The non-surgical Hair Loss Treatment and Removal industry is dominated by three major players (Regis Corporation, Ideal Image Development Inc. and American Laser Skincare), resulting in a medium level of market share concentration.

The Hair Loss Treatment and Removal industry is projected to grow over the next five years. The widening acceptance of hair loss treatment procedures and laser removal technology will boost industry revenue. Profit will also improve as increasing disposable income spurs demand for higher-margin medications and treatment procedures. In addition, hair care centers will began expanding their target markets in hopes of boosting sales. Gender lines will be blurred as more males use hair removal procedures and more women undergo hair loss treatments. Finally, demand from adults over the age of 50, the industry's most stable market, will also increase. The population will continue to age and the number of adults in this age group will eclipse 112 million people by 2017. All of these factors will contribute to steady growth for the industry over the next five years. For more information, visit IBISWorlds Hair Loss Treatment and Removal in the US industry report page.

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IBISWorld industry Report Key Topics

This industry comprises establishments that primarily engage in nonsurgical treatments for hair loss and replacement, as well as hair removal and scalp treatment services. Hospitals and medical clinics that provide hair restoration surgeries are not included in this industry.

Online Small Electrical Appliance Sales in Australia Industry Market Research Report Now Available from IBISWorld

Melbourne, Australia (PRWEB) February 05, 2013

The Online Small Electrical Appliance Sales industry has enjoyed rapid growth in the past five years. IBISWorld estimates revenue growth at a compound rate of 18.4% in the five years through 2012-13, reaching $ 135.2 million, with current year revenue growth estimated at 18.7%. According to IBISWorld industry analyst Ricky Willianto, several sparks of success in the industry attracted many traditional bricks-and-mortar brands to enter the online sphere, especially during a dismal sales period for retailers.

The Online Small Electrical Appliance Sales industry is characterised by a small number of players enjoying fast organic growth. Most major players entered the market within the past five years, making the industry relatively new in contrast to many online industries. Despite this, online purchases of electrical appliances are increasing in popularity, largely due to a receptive market that has been extensively primed by other online industries. Products in the market are highly differentiated and well developed with low level of technological changes, as expected of an online industry that is simply an extension of an already well-established industry, says Willianto.

Market share concentration is low because the industry is new. Players have popped up and sales are growing quickly with little need for consolidation. For example, many traditional retailers have only recently launched their online retailing platforms. With much market potential remaining for the industry, sales are expected to continue to expand rapidly over the next five years. The outlook for the industry is positive. As existing players grow in size, the market is expected to become more concentrated, resulting in a lower number of entrants in the next five years. Operational expansions also mean that many players are able to function more efficiently due to economies of scale, generating higher profit margins in the medium term.

For more information, visit IBISWorlds Online Small Electrical Appliance Sales report in Australia industry page.

Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau

IBISWorld industry Report Key Topics

Operators in this industry retail small electric appliances via the internet. Products sold within this industry include small kitchen appliances such as blenders and coffee makers, personal care appliances such as electric shavers and hair dryers, and floor care appliances such as vacuum cleaners.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

International Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Basis of Competition

Barriers to Entry

Industry Globalisation

Major Companies

Operating Conditions

Capital Intensity

Technology & Systems

Revenue Volatility

Regulation & Policy

Industry Assistance

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognised as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

Cosmetic and Beauty Products Manufacturing in Canada Industry Market Research Report Now Available from IBISWorld

Los Angeles, CA (PRWEB) February 07, 2013

The Cosmetic and Beauty Products Manufacturing industry is a mature one, providing widely accepted and necessary personal care products to downstream consumers. Revenue growth is determined by demand from wholesalers and retailers, which is ultimately driven by consumer spending, tastes and preferences. During the five years to 2012, industry revenue has grown at meager 0.7% per year on average to an estimated $ 1.7 billion. A decline in per capita disposable income in 2009 hurt industry performance from 2009 to 2011 due to weakened demand for high-margin luxury products, says IBISWorld industry analyst Nikoleta Panteva. Still, sustained increases in disposable income are expected to underpin revenue growth of 2.9% in 2012.

Profit margins (i.e. earnings before interest and tax) are slim for the average Cosmetic and Beauty Products Manufacturing industry operator. The high and rising price of crude oil, which represents a key input in most industry products, has cut into industry profitability over the past five years. Coupled with intense competition, this scenario makes for a tough operating environment. Internal competition exists among operators on the basis of price, quality and ingredients. Over the past five years, the focus on organically-derived inputs has risen, urging more companies to introduce natural products. Industry participants also face external competition from imports. Imports satisfy 94.9% of the domestic demand for cosmetics and have risen from 89.2% over the past five years. As the Canadian dollar has appreciated, gaining strength against its trading partners' currencies, foreign-made goods have become relatively cheaper domestically, adds Panteva. In 2009, the Canadian dollar gained significant strength over the US dollar, causing imports to jump. IBISWorld anticipates this trend will continue over the next five years as the domestic currency continues its upward trend.

Over the past five years, market share concentration has increased due to major players' ability to thrive in difficult operating environments. Well-recognized brand names like those of Unilever and Procter & Gamble, the availability of non-discretionary products (e.g. shampoo and sunscreen) and strong bargaining power with upstream suppliers have allowed the industry's largest players to grow even as other manufacturers have suffered.

Revenue is also projected to fare better over the next five years. Per capita disposable income is expected to continue rising slowly, resulting in stronger downstream demand from wholesalers and retailers. Nevertheless, competition will remain a key feature, pushing operators out of the industry. For more information, visit IBISWorlds Cosmetic and Beauty Products Manufacturing in Canada industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld

Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

This industry prepares, blends, compounds and packages beauty products and cosmetics. Products included in this industry are perfumes, make-up items, hair preparations, face creams, lotions and other toiletries. Toothpastes are not included in this industry.

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.ca or call 1-800-330-3772.

Beauty, Cosmetics and Fragrance Stores in Canada Industry Market Research Report Now Available from IBISWorld

Los Angeles, CA (PRWEB) February 27, 2013

The Beauty, Cosmetics and Fragrance Stores industry is largely dependent on consumer spending on discretionary products. During the five years to 2013, consumer confidence suffered due to growing unemployment, the domestic recession and weakened global economic conditions. As a result, consumers tightened their budgets and cut out unnecessary beauty purchases. Those that did buy makeup and fragrances opted to buy these items from drug stores or mass merchandisers, which typically carry value-priced versions, says IBISWorld industry analyst Nikoleta Panteva. Other shoppers bought fewer items from beauty stores. As a result, industry revenue fell from 2008 to 2010. Growth since 2011 has not been significant; revenue is anticipated to grow 1.3% through 2013 on the back of a slowly recovering economy. On average, industry revenue has dropped 0.1% per year from 2008 to 2013, to an estimated $ 1.6 billion.

Profit has also declined during this period, resulting from consumers substituting lower-priced products for premium ones. IBISWorld estimates that margins (i.e. earnings before interest and tax) have decreased from 4.7% of revenue in 2008 and 4.3% in 2013. Strong internal and external competition has defined the industry over the past five years. Internally, operators have competed on price, product selection, quality and customer service. Externally, they have faced competitive pressures from value-priced drug stores and mass merchandisers. Unprofitable participants have exited the industry or consolidated with larger, more successful players. Consequently, the industry has shrunk at an annualized rate of 2.9% to 1,470 stores expected by the end of 2013. Fortunately for the industry, consumer confidence is on the rise and is projected to continue growing over the five years to 2018. According to Panteva, as economic activity recovers domestically and internationally, consumers will feel more secure in their finances, allowing them to make more discretionary purchases, including beauty products. Moreover, with more spending money, shoppers will be better able to afford premium products like cosmeceuticals (i.e. cosmetics with pharmaceutical properties) and naturally derived cosmetics.

Concentration within the Beauty, Cosmetics and Fragrance Stores industry is low. The industry's four largest players account for well under 40.0% of industry revenue. The average operator generates $ 1.4 million annually, accounting for 0.9% of the industry. Over the five years to 2013, market share concentration has increased. Large companies have the means to expand, which allows them to generate more revenue. Meanwhile, smaller participants have suffered over the past five years due to declining consumer spending on discretionary beauty items. Industry revenue overall has fallen, giving major players a better chance to expand their market shares via brand recognition and product selection. For more information, visit IBISWorlds Beauty, Cosmetics and Fragrance Stores in Canada industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld

Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

This industry sells a variety of personal care products, including cosmetics, perfume, hair care, skin care and personal care items. Its target market includes households and professional users (e.g. hair stylists and makeup artists).

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Global Cosmetics Manufacturing Industry Market Research Report from IBISWorld has Been Updated

Los Angeles, CA (PRWEB) March 25, 2013

The Global Cosmetics Manufacturing industry is a dynamic one, characterized by a high degree of innovation and the introduction of new and reformulated products. The past five years have been no exception, despite declining per capita disposable income in key consumer markets. Due to consumers' tightened purse strings, industry revenue grew only 1.5% in 2009, the midst of the global recession. Profit also suffered as shoppers opted for lower-priced personal care products. The mounting focus on naturally derived toiletries has also underpinned industry performance over the past five years. Operators have responded to changing consumer preferences for chemical-free cosmetics formulas by introducing and reformulating popular products like shampoos and lotions, says IBISWorld industry analyst Radia Amari. Global cosmetics manufacturers are also focusing on natural makeup options, a growing industry segment. Developing natural makeup products has been difficult because of different challenges like pigment load and ease of application; however, new technologies are emerging that are eliminating some of these challenges.

Demand from emerging economies and aspirational shoppers has also kept the Global Cosmetics Manufacturing industry growing over the past five years, with revenue increases averaging 3.0% per year to reach $ 243.0 billion by the end of 2013. Industry operators have consistently expanded their portfolios to cater to underserved markets, where average incomes are well below the average product price, adds Amari. Moreover, to capture the growing aspirational shopper market (i.e. consumers on a budget seeking designer purchases), firms have integrated high-end cosmetic brands under their umbrellas. IBISWorld expects these efforts, along with improving economic conditions, will drive industry growth during 2013, with revenue increasing 2.4%.

In 2013, IBISWorld estimates that the industry has a moderate level of concentration. Industry concentration has gradually increased over the past five years, in line with acquisitions, whereby large multinational corporations acquire smaller companies. Merger and acquisition (M&A) deals of interest over the past decade that have served to change the face of the industrys landscape include major player Procter & Gamble's $ 57.0 billion takeover of Gillette, L'Oreal's acquisition of the Body Shop, the purchases of Kanebo and Molton Brown by Japanese-based Kao, and Coty's acquisition of Unilever's fragrance division. Other key drivers underlying the ongoing spate of M&A activity include the expansion of geographic footprints, diversification into new product categories or market segments and the exploitation of new technologies, including novel delivery systems and new greener technologies and processes.

As per capita disposable income rebounds more strongly over the five years to 2018, the industry will experience even stronger growth. Armed with deeper pockets, consumers especially those in developed markets will be more willing and able to spend on higher-priced products, leading to higher average profit margins for operators. Additionally, players' efforts to cater to emerging economies will also continue to pay off, further boosting industry growth. For more information, visit IBISWorlds Global Cosmetics Manufacturing industry report page.

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IBISWorld industry Report Key Topics

This industry prepares, blends, compounds and packages toilet preparations and personal-care products, including perfumes and fragrances, hair care, makeup, oral care, personal hygiene and skin care. Players in this industry are large multinational organizations that operate around the globe. Industry products are predominantly sold in downstream grocery, mass merchandisers and specialty retail stores.

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on nearly every US and Global industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Cosmetic and Personal Care Product Manufacturing in China Industry Research Report Now Available from IBISWorld

San Francisco, CA (PRWEB) April 07, 2013

The Cosmetic and Personal Care Product Manufacturing industry in China has shown strong growth over the past decade. China has become one of the largest cosmetics markets in the world and ranks second in Asia after Japan. Industry revenue has been growing at an annualized rate of 10.3% in the five years through 2013 to an estimated $ 15.2 billion, says IBISWorld.

Chinese cosmetic and personal care product manufacturers mostly compete in lower-end market. Only a few Chinese brands, such as Herborist, are able to compete in the high-end market. In 2011, the State Food and Drug Administration launched strict regulations regarding the safe usage of ingredients and additives; 85 cosmetics manufacturers were forced to stop production as a result, says IBISWorld.

Although there are many companies operating in this industry, no firm has a dominant market share. The top four firms account for about 34.0% of industry revenue in 2013. Larger groups have invested much in this industry, strengthening sales channels, acquiring smaller players, and launching new products. For example, Johnson & Johnson acquired Beijing Dabao Cosmetics Co. Ltd. in July 2008, and in 2011, Coty Inc. became the largest shareholder over TJoy.

Enterprises in the Cosmetic and Personal Care Product Manufacturing industry in China are constantly developing new products. Cosmetics and personal care product segments include Chinese medicinal herbs, products for males, products for children, products designed for sports and products for professional beauty. Organic, natural and hypoallergenic products have also become very popular in the Chinese market.

For more information, visit IBISWorlds Cosmetic and Personal Care Product Manufacturing in China industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld

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IBISWorld Industry Report Key Topics

The Cosmetic and Personal Care Product Manufacturing industry in China comprises businesses that manufacture skin cleansers and other skin care products, hair care products, deodorants, fragrances, and other toiletries. Raw materials are sourced from upstream chemical industries and the finished products are sold via extensive sales networks. Medical and pharmaceutical products are not included in this industry.

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