Category Archives: Personal Care Products

Men’s Cosmetics in Japan

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cosmetics
Geographic reference: Japan
Year: 2018 and 2019
Market size: $5.5 billion (¥600 billion) and $5.7 billion (¥623 billion), respectively

With lockdowns and travel bans in place during the COVID-19 pandemic and more people working from home, the cosmetics industry took a financial hit. As fewer people ventured outdoors, fewer people were using makeup to enhance their appearance. Skincare products, hair care products, sunscreens, and perfumes also suffered lower sales during this time. However, one segment saw sales increase: men’s cosmetics. As the market size above shows, men’s cosmetic sales had been increasing before the pandemic. Long before that, sales for men’s cosmetics grew 70% from the mid-1980s reaching $2 billion in the early 2000s. Young men in their teens and 20s are the primary customers. Social media plays a part. Increasingly men are uploading male care-related videos online and posting photos to social networking services. From 2017 to 2019, face-care product sales grew by nearly ¥6 billion. In a survey for men aged 20 to 50 who have never used makeup, conducted by the cosmetics company Shiseido, nearly 87% of respondents said that they would like to use it. During the pandemic, the market for men’s cosmetics expanded. More and more businessmen in their 40s, 50s, and 60s have been buying cosmetics to improve their appearance in online meetings. While younger men, in general, want makeup to transform the way they look (in some cases creating a more gender-neutral style), older men are looking for “natural makeup” focusing on concealer sticks and foundation. In addition to Shiseido, some other large companies that have introduced men’s lines of cosmetics in Japan include Acro Inc., Estée Lauder, Jean-Paul Gaultier, and Clarins. To meet the demand for men’s cosmetics across the board, some cosmetics stores are opening men’s only sections and more and more beauty salons are catering solely to men.

Sources: Chisato Tanaka, “Japanese Businessmen Brighten Makeup Industry,” The Denver Post, June 20, 2021, p. 8K; “Japanese Businessmen Boost Makeup Industry as Online Meetings Soar in Pandemic,” CNBC, April 20, 2021 available online here; Winnie Xiu and Rose Hong, “Three Trends in Japan’s Cosmetic Sector Amid COVID-19,” ChemLinked, June 3, 2021 available online here; “Male Beauty and Cosmetics for Men in Japan,” Facts and Details, July 2012 available online here; “Japan Has Created a ‘Make-up Boy’ Era with Cosmetics for Men,” Mono Marketplace Business Hub, February 17, 2020 available online here.
Original sources: The Associated Press; Fuji Keizai Group
Image source: NomeVisualizzato, “cosmetics-tone-concealer-palette-4442046,” Pixabay, September 1, 2019 available online here.

Probiotic Cosmetic Products

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probiotic cosmetic products
Geographic reference: World
Year: 2019 and 2027
Market size: $252.5 million and $418.1 million, respectively

According to the Statista Global Consumer Survey, the top two New Year’s resolutions in 2021 were “exercise more” and “eat healthier”. In fact, almost all of the resolutions in the top 10 relate in some way to either physical or mental health. But what about skin health?

Today’s market size shows global revenues for probiotic cosmetic products in 2019 and projected for 2027.1 This is a niche within the overall global $145.3 billion cosmetic skincare market.2 In 2019, about 1.9 billion people around the world suffered from skin-related issues. The growing acceptance of probiotics as dietary supplements for a healthy gut microbiome has led to increasing interest in probiotic cosmetic products for a healthy skin microbiome. Probiotic cosmetic products are topical over-the-counter products used to treat acne, eczema, rosacea, psoriasis, and chronic inflammation. They are also associated with skin hydration and anti-aging. Interest in a healthy skin microbiome has grown dramatically in the past 10 years. Since 2010, the number of internet searches for “probiotic+skin” has quadrupled.

To meet the growing demand, small startups, as well as large, established corporations, have been including probiotics in their skincare and haircare product lines, either through innovation and new product launches or through mergers and acquisitions. Kerry Group, Unilever, and L’Oréal each have either acquired or invested in smaller companies in order to expand their product portfolio into this segment of the industry. Other major manufacturers of probiotic cosmetic products include Esse Skincare, Estée Lauder Companies Inc., Aurelia Skincare Ltd., Tula Life Inc., Eminence Organic Skincare, LaFlore Probiotic Skincare, Glowbiotics Inc., and the Clorox Co. As of January 2020, there were 254 topical probiotic cosmetic products on the market around the world. Australia, Canada, the United States, China, and Russia offer the highest number of probiotic products targeting the skin microbiome.

More than 39% of revenues came from hypermarkets and supermarkets, followed by pharmacies and drug stores, and e-commerce. The e-commerce channel is expected to be the fastest-growing revenue source through 2027 as online shopping becomes more popular, internet penetration grows, and a wider range of products becomes available. Amazon.com, Sephora.com, Nykaa, and skinstore.com are some of the major retailers in this segment. North America garnered more than a third of revenues in 2019. Demand for products to treat acne and various skin diseases continues to grow. The Asia-Pacific region is expected to experience the fastest growth through 2027. More consumers are becoming aware of healthy skincare routines and the need for long-term solutions to skin problems. Also, local and regional manufacturers such as India-based Lotus Herbals are expanding their brand portfolios to include more probiotic cosmetic products.

The skincare industry as a whole has seen sales decline during the coronavirus pandemic because of business closures and stay-at-home policies implemented by governments around the world. Consumer spending also has shifted during the pandemic, away from premium, specialty products such as probiotic cosmetic products and toward basic skincare needs. More consumers are opting for less expensive, mass-market skincare products that are widely available in most stores. But, like the pandemic, sales declines will not last forever. Some analysts predict that revenues for probiotic cosmetic products will increase at a compound annual growth rate of 6.5% through 2027.

1 Data also includes hair care products, however, hair care products accounted for less than 10% of total revenues in 2019. Nonetheless, probiotic hair care product revenues are expected to grow the fastest through 2027.
2 Figure is for 2020.

Sources: “Probiotic Cosmetic Products Market Size, Share & Trends Analysis Report by Product (Skin, Hair Care), by Distribution Channel (Hypermarket & Supermarket, E-commerce), by Region (APAC, North America), and Segment Forecasts, 2020 – 2027,” Grand View Research, December 2020 available online here; “Skin Microbiome Market: Probiotic Cosmetic Products ‘The Future’ of Skin Care?” Lumina Intelligence, June 19, 2020 available online here; “Global Cosmetic Skin Care Industry (2020 to 2027) – Market Trajectory & Analytics,” GlobeNewswire, September 25, 2020 available online here; “Probiotic Cosmetic Products Market Size, Share & Trends Analysis Report by Product, by Distribution Channel, by Region and Segment Forecasts, 2020 – 2027,” ReportLinker, December 2020 available online here; Claire Jenik, “America’s Top New Year’s Resolutions for 2021,” Statista, December 18, 2020 available online here.
Image source: AdoreBeautyNZ, “cream-lotion-hands-sunscreen-spa-4713579,” Pixabay, December 26, 2019 available online here.

Enzymes

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enzymes in laundry detergent
Laundry detergent. Enzymes in laundry detergent allow clothes to be washed in cold water.
Geographic reference: World
Year: 2019 and 2027
Market size: $9.9 billion and $17.2 billion, respectively
Sources: “Enzymes Market Size, Share & Trends Analysis Report by Application (Industrial Enzymes, Specialty Enzymes), by Product (Carbohydrase, Proteases, Lipases), by Source, by Region, and Segment Forecasts, 2020 – 2027,” Grand View Research Report Summary, March 2020 available online here; “Enzymes Market Size Worth $17.2 Billion by 2027 | CAGR 7.1%: Grand View Research, Inc.,” CISION PR Newswire, March 16, 2020 available online here; Sindhu Raveendran, et. al., “Applications of Microbial Enzymes in Food Industry,” Food Technology & Biotechnology, March 2018 available online at the U.S. National Library of Medicine, National Institutes of Health here; JanMaarten van Dijl and Michael Hecker, “Bacillus Subtilis: From Soil Bacterium to Super-secreting Cell Factory,” Microbial Cell Factories, January 14, 2013 available online here; “A Global Fermentation Approach,” Leaf by Lesaffre available online here; “Specialty Enzymes Market Worth $6.6 Billion by 2025,” MarketsandMarkets Press Release, April 20, 2020 available online here.
Image source: habelfrank, “washing-powder-detergent-1500058,” PIxabay, July 7, 2016 available online here.

Enzymes are proteins that act as catalysts. Enzymes in the body run cellular processes and convert food to energy and to building blocks for proteins, lipids, nucleic acids, and some carbohydrates. Industrial enzymes such as proteases, amylases, lipases, and others are used in various applications: in the food and beverage industry, in detergents, animal feed, biofuels, textiles, pulp and paper, nutraceuticals, personal care products and cosmetics, wastewater treatment, and medications. In 2018, 60% of industrial enzymes on the market were proteases. In Europe, 900 tons of protease enzymes are used for detergents alone every year.

Today’s market size shows the global enzyme revenues for 2019 and projected for 2027. Microorganism-based enzymes comprised the vast majority of the industrial enzyme market in 2019, about 85%, followed by animal-based and plant-based enzymes. Microorganisms are preferred as a source due to their more predictable and controllable enzyme content. This type of enzyme can also be produced in a cost-effective manner with less space and time necessary than animal-based or plant-based enzymes. There are three types of microorganism-based enzymes: bacterial, fungal, and yeast. Bacterial enzymes are mostly sourced from Bacillus. They’re used in food and detergent and in pharmaceutical applications to diagnose diseases, promote wound healing, and kill disease-causing microorganisms. Fungal enzymes are used in the preparation and production of soy sauce, beer, baked goods, processed fruits, and dairy products. Yeast is used in beer, baked goods, and industrial ethanol production.

Increased investment in biotechnology research for the development of specialty enzymes for medicinal and diagnostic purposes is one of the main factors driving product demand globally. Increasing demand from the food and beverage, biofuel, animal feed, and home cleaning sectors along with the growing consumption of functional foods will contribute to the growth in the market through 2027. By region, growing biofuel production in North America and Europe, as well as increasing meat production in Europe and the Russian Federation, are expected to contribute to growth in these regions. Enzymes are used extensively in meat processing to improve the tenderness of the meat. Europe was third behind China and North America in meat production in 2018. The top three companies in this industry—Novozymes, DuPont Danisco, and DSM— claimed more than 75% of the market in 2019.1 Other major companies in this industry include BASF SE, Associated British Foods PLC, Chr. Hansen Holding A/S, and Advanced Enzyme Technologies.

1 Source: Grand View Research. The press release from CISION PR Newswire mentioning the same Grand View Research report states that the top 3 companies are Novozymes, DuPont Danisco, and BASF SE.

Anti-Fatigue Cosmetics

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anti-fatigue cosmetics

Working long hours, staying up late with a sick child, binge-watching a favorite TV show until the wee hours of the morning, late-night partying or insomnia due to stress and worry. There are many reasons people don’t get enough sleep. The National Sleep Foundation recommends adults get between 7 and 9 hours of sleep a night. According to the National Health Interview Study in 2018, 35.6% of adults in the U.S. regularly get 7 hours or less of sleep a night, that’s up from 30.9% in 2010. Worldwide, 51% of adults report getting less sleep than they need on an average night with 80% using the weekend to catch up on their sleep. 

Besides causing tiredness, nervousness, irritability, and cognitive impairment, chronic sleep deprivation increases a person’s risk of 7 of the 15 leading causes of death in the United States, including cardiovascular disease, cancerous tumors, cerebrovascular disease, accidents, diabetes, septicemia, and hypertension. 

In addition, sleep deprivation affects the largest organ of the body: the skin. Lack of sleep leads to high cortisol levels which in turn interfere with how the skin regenerates and heals itself. Continuously high cortisol levels also lead to lower levels of human growth hormone and a breakdown in collagen and elastic tissue. Together this leads to thinning skin and fine lines and wrinkles. When a person sleeps less than the optimal amount of hours, their skin cells also produce fewer antioxidants. Antioxidants protect against damage from the sun’s ultraviolet rays. Lack of sleep promotes inflammation and that can lead to dry skin. A Swedish study found that after just one night with no sleep people experience swollen, dark undereye circles and paler skin. Anti-fatigue cosmetics are created to alleviate these skin problems.

Today’s market size shows anti-fatigue cosmetic revenues for 2018 and projected for 2025. Cosmetic companies use words like energizing, invigorating, nourishing, brightening, and reviving to describe their anti-fatigue products which include skin care products that hydrate the skin, reduce dark undereye circles and puffy eyes, brighten dull complexions and shrink enlarged pores. Also included are cosmetics that hide and correct these issues.

Globally, creams had the highest revenue share in 2018 at 35%. Overnight moisturizers, under-eye creams, and under-eye primers were the most popular products. Creams also had the highest revenues in the United States, followed by gels. Oils, lotions, and serums came next holding similar market shares. Customers prefer to shop for anti-fatigue cosmetics at brick-and-mortar stores such as health and beauty retailers, hypermarkets, and supermarkets. In 2018, 80% of revenues came from these channels. Some of these retailers offer experts who advise shoppers about product usage, ingredients, and benefits. Some also offer samples to help consumers decide which products work best for them.  The global market is fragmented with several large, small and regional companies offering anti-fatigue products. Leading companies in this industry include L’Oréal S.A., Unilever, Shiseido Co. Ltd., The Estée Lauder Companies Inc., Bio Veda Action Research Co., Christian Dior SE, Nuxe Inc., Mesoestetic, Groupe Clarins S.A., and The Ordinary.  

North America was the leading market for anti-fatigue cosmetics in 2018 with a revenue share of 37.3%. Asia-Pacific countries such as China, Japan, South Korea, and India are expected to experience growing demand for these products as awareness of these products and purchasing power increases. Overall, growth in this industry is expected to come from an increasing number of people who feel more stressed and tired and their demand for natural cosmetic products. Caffeine, matcha green tea, ginseng, papaya, almond, pomegranate, and kelp are just some of the natural ingredients used in these products. Innovative products along with manufacturers’ skincare awareness campaigns targeting Millennials and Generation Z consumers on social media and beauty blogs are also expected to lead to growth over this time period. 

Geographic reference: World
Year: 2018 and 2025
Market size: $13.9 million and $18.9 million, respectively
Sources: “Anti-Fatigue Cosmetics Market Size, Share & Trends Analysis by Product (Oil, Cream, Lotion, Serum, Gel), by Distribution Channel (Offline, Online), by Region, and Segment Forecasts, 2019-2025,” Grand View Research Report Summary, January 2020 available online here; “Anti-Fatigue Cosmetics Market Size Worth $18.9 Million by 2025: Grand View Research, Inc.” PRNewswire Press Release, January 30, 2020 available online here; Cassie Shortsleeve, “What Happens to Your Skin When You Don’t Get Enough Sleep,” Allure, July 13, 2016 available online here; Vijay Kumar Chattu, et. al., “The Global Problem of Insufficient Sleep and Its Serious Public Health Implications,” Healthcare (Basel), March 2019, page 7 available online from the U.S. National Library of Medicine, National Institutes of Health here; “Stats: 51% of Adults Worldwide Don’t Get Enough Sleep,” Travel Agent Central, August 8, 2018 available online here; “The Anti-Fatigue Market is Projected to Perk Up,” CoastSouthwest, February 4, 2020 available online here.
Image source: stux, “cream-skin-care-cream-colors-194126,” PIxabay, October 12, 2013 available online here. Use of image does not constitute endorsement.

Rose Oil

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rose oil infused cream

Rose oil, as the name implies, is oil from the rose plant, specifically oil extracted from rose petals. Typically it takes 3,000 grams of rose petals to extract one gram of rose oil. Because of this, it is expensive. Damask rose, cabbage rose, and the white rose of York are the most common varieties from which the oil is extracted. These varieties have strong aromas and have high oil content. Damask rose is commonly grown in Bulgaria, Syria, Turkey, Russia, Pakistan, India, Uzbekistan, Iran, and China. Cabbage rose grows in Morocco, France, and Egypt. The white rose of York has been cultivated in Europe for hundreds of years.

Today’s market size shows the total global revenues for rose oil in 2018 and projected for 2025. This product is used in fragrances, cosmetics, pharmaceuticals, food, and beverages. The fragrance and cosmetics sectors combined constituted 70.1% of the market in 2018. Consumer demand for natural and organic products will fuel growth in this industry as manufacturers replace synthetic ingredients with natural ones. Rose oil’s antimicrobial and anti-bacterial properties are expected to continue to interest the pharmaceutical sector increasing demand for the product.

Europe had the largest share of the market, by value, in 2018, 40.2%. Europe is also the largest market for natural fragrance ingredients. The Asia Pacific region is expected to have the highest compounded annual growth rate, 8.0%, between 2018 and 2025 due to rising sales of pharmaceutical products overall in China, Australia, India, and Japan. The use of herbal medicines to treat various skin conditions in this region is expected to increase demand for this oil also. Some top manufacturers include Sigma-Aldrich, Inc.; Ernesto Ventos SA; Alteya Organics, LLC; Givaudan SA; and Firmenich International SA; among others.

Geographic reference: World
Year: 2018 and 2025
Market size: $278.7 million and $442.0 million, respectively
Sources: “Rose Oil Market Size, Share & Trends Analysis Report by Application (Fragrance & Cosmetics, Pharmaceuticals, Food & Beverages), by Product (Organic, Conventional), and Segment Forecasts, 2019 – 2025,” Grand View Research Press Release, September 2019 available online here; “Rose Oil Market Size Worth $442.0 Million by 2025 | CAGR: 6.8%: Grand View Research, Inc.,” Cision PR Newswire Press Release, September 12, 2019 available online here; “Rose Oil,” Wikipedia, August 2019 available online here; Cathy Wong, “The Health Benefits of Rose Oil,” VeryWell Health, September 4, 2019 available online here; “Rosa x alba,” Wikipedia, June 2019 available online here.
Original source: Grand View Research
Image source: silviarita, “flower-rose-cream-petal-skin-care-3141777,” Pixabay, Feburary 9, 2018 available online here.

Natural Beauty Products

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natural beauty productsWhat is your New Year’s resolution? Perhaps, like many, you plan to exercise more and eat less processed food and more organic, whole food such as fruits, vegetables, and whole grains. If you are a woman, maybe you want to incorporate more natural and organic personal care products into your daily care regimen.

The average American woman uses a dozen personal care products every day, one reason women, on average, are exposed to 83 more unique ingredients on a daily basis than men. The younger a woman is, the more likely she is to look for natural cosmetics and other beauty products. In a survey by beauty brand Kari Gran, 75% of women aged 18-34 said that buying natural beauty products is important to them. Fifty-four percent of women aged 55-64 said the same.

The top ingredients that buyers of natural beauty products try to avoid are fragrances, parabens, phthalates, sulfates, and gluten. Meanwhile, cosmetics companies are incorporating ingredients such as green tea, jojoba, moringa, rice, and sea buckthorn, to name a few, into their products. Individually, these ingredients are promoted as detoxifying, moisturizing, hydrating, anti-aging, and rich in antioxidants.

Today’s market size shows the total sales of natural beauty products in the United States in 2017 according to Nielsen. Despite the growing demand for “clean” and “natural” beauty products, there are currently no regulations defining these terms. Worldwide, organic personal care product sales are expected to rise to nearly $25 billion by 2025.

Geographic reference: United States
Year: 2017
Market size: $1.5 billion
Source: Rina Raphael, “The Beauty Industry Goes Au Naturel,” Fast Company, October 2018.
Image source: mohamed_hassan, “cream-skin-care-cosmetics-lid-3521957,” Pixabay, July 2018 available online here.

Luxury Massage Chairs

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InadaMessageChair

The term “stress” is heard frequently these days and is often associated with a long list of both mental and physical ailments. There are also many industries that offer to sell stress relieving aids, from consumables like specially formulated juices and deep penetrating lotions to gym memberships and spa resort getaways. Massage has long been a way to relax, to reduce stress. So the idea of a chair that will massage your entire body whenever you want has a natural appeal for those looking for ways to relieve or reduce stress.

Today’s market size is the approximate value of the luxury massage chair market in the United States in 2012, based on estimates from one of the industry’s leaders. This market size refers to fully automated massage chairs and not chairs used by masseurs/masseuses, also called massage chairs. Luxury massage chairs are a high-end product often costing several thousand dollars. Nonetheless, the luxury massage chair industry is a tiny part of the overall group of industries whose products and services are aimed at stress reduction.

Geographic reference: United States
Year: 2012
Market size: $250 million
Source: Bruce Horovitz, “All Stressed Out? Business Will Sell You Some Peace,” USA Today, August 5, 2013, available here. The photo is from the Inada web site here.
Original source: Inada
Posted on September 6, 2013

Moroccan Argan Oil Hair Products

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Some say it strengthens hair and tastes good drizzled on a salad. Moroccan argan oil is the latest new trend in the personal-care market. Argan oil is appearing in more and more products as one of the highlighted ingredients. Under fair trade production standards, dime-sized kernels from acorn-shaped nuts are extracted by hand by Moroccan women earning the equivalent of $4 a day. These kernels are then ground down and the oil extracted. The wholesale price of argan oil in 2011 was approximately $30 per liter while in beauty boutiques around the world, a liter of argan oil sells for around $400.

In 2012, Morocco exported 700 tons of the oil, twice that exported in 2007. Today’s market size is the number of hair products containing argan oil that were introduced in 2008 and 2012.

Geographic reference: United States
Year: 2008 and 2012
Market size: 29 and 588 respectively
Source: Matthew Boyle, “Cosmetics’ Hot Elixir: Argan Oil From Morocco,” Bloomberg Businessweek, July 25, 2013, available online here.
Original source: Mintel
Posted on August 6, 2013

Hearing Aids and Instruments

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The market for hearing aids is on a growth path as the population in the industrialized world ages. Demographics point in one direction for this industry, up. The rising costs of health care generally are of some concern to this industry because it suggests that changes are coming in how medical insurance systems will handle reimbursements for such devices. Demand, however, is expected to rise.

Today’s market size is the estimated number of hearing instruments sold around the world each year, based on figures for 2011. The number of units sold does not include Cochlear implants nor Middle-Ear implants, rather it refers to hearing aid devices that do not require surgical implantation.

Geographic reference: World
Year: 2011
Market size: 10 million units valued at $6.5 billion, which includes hardware only.
Source: “Hearing Loss Treatment Market Profile,” Hearing Instruments: Hearing Loss = Profits, May 24, 2012, page 32, Cheuvreux–Credit Agricole Group. This investment report is available online here.
Original source: CA Cheuvreux
Posted on July 3, 2013

False Lashes

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Everything old is new again, or so the saying goes. In the first decade of the century, false eyelashes have been one of the fastest growing of the cosmetic industry’s many categories. Today’s market size is the total estimated revenue brought in by the sale of false eyelashes in the United States in 2000 and again in 2010.

Geographic reference: United States
Year: 2001 and 2010
Market size: $15 million and $44 million respectively
Source: “Look No Further: Frequently Asked Questions,” Novalash Eyelash Extensions, website posting is available here. Brendan I. Koerner, “The Goods; Fake Lashes: Not Just For Tammy Faye,” The New York Times, April 25, 2004, and available online here.
Posted on June 17, 2013

Nutritional Supplements Market

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The market we’re presenting today is one that includes a large range of ingestible products, from vitamins and calcium pills to protein shakes, diet pills and energy drinks. The market is also referred to by various names, among them: nutritional supplements, dietary supplements, and simply, supplements. By whatever the name, this is a lucrative market and one that many people feel is less regulated than would be prudent. The federal guidelines regulating the ingredients used in the production of nutritional supplements are far less restrictive than those imposed on food and drink makers. Worth noting is the fact that federal requirements of pharmaceutical companies are even more restrictive than those regulating the food and drink industry. Nutritional supplements are not bound by the regulations for either of these industries—food and drink nor pharmaceuticals.

The supplements market has been growing steadily since the turn of the century and is expected to continue growing. Driving the growth are a number of factors. An older population looking to supplements to minimize the effects of aging is one such driver. The young, too, are using supplements heavily. Having grown up in a society that appears to approve of the use of chemicals to augment human capacities of all sorts, they turn to supplements to help build muscle, lose weight, and stay awake.

Geographic reference: United States
Year: 2011
Market size: $30 billion
Source: Natasha Singer and Peter Lattman, “Is the Seller to Blame,” The New York Times, March 17, 2013, page B1, available online here. Brittany McNamara, “Monster Energy Switches from Supplement to Beverage,” Nutrition Business Journal, February 14, 2013, available online here.
Original source: Nutrition Business Journal
Posted on March 20, 2013

Toiletries Market

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Manufacturers of toiletries—that whole long list of things found in the bathroom for personal care: shampoo, deodorant, hand lotion, face crème, foot crème, toothpaste, perfume, hair mousse, etc.—saw robust growth over the period 1997 through 2007 but lost many of those gains between 2007 and 2009, a pattern repeated in so many industries.

Today’s market size is the size of the toiletries market as measured by U.S. manufacturers’ shipments in 1997, 2007, and 2009.

Geographic reference: United States
Year: 1997, 2007 and 2009
Market size: $24.3, $48.8 and $38.5 billion respectively
Source: 1997 Economic Census, 2007 Economic Census, and the 2009 Annual Survey of Manufactures.
Original source: U.S. Census Bureau
Posted on December 15, 2011

Dietary Supplements

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There is a large market for dietary supplements in the United States. This market includes a wide variety of ingestible products designed to do things such as help you lose weight, increase sexual desire, increase muscle mass, reduce cholesterol, increase brain function, and others yet. Vitamins and multivitamins are part of this market but drugs that need and carry a Federal Drug Administration approval are not.

Geographic reference: United States
Year: 2005 and 2010
Market size: $21.3 and $28.1 billion respectively
Source: Natasha Singer, “Here’s to Your Health, So They Claim,” New York Times, Sunday Business, August 28, 2011, page 1, available online here.
Original source: Nutrition Business Journal

Beauty Products from France

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The newest edition of an important yearly statistical compilation was released recently by the United Nations. Among the things this work provides is a detailed, country-by-country report on exports and imports.

Today’s market size is the value of all beauty or make-up products exported from France in 2008—the peak year in the decade— 2009, and 2010.

Geographic reference: France
Year: 2008, 2009 and 2010
Market size: $6,508; $5,533 and $6,047 million respectively
Source: “International Merchandise Trade Statistics,” Yearbook 2010, report on France, a link to which is available here.
Original source: United Nations