Personal Care Products & Services - Executive Summary Q2 2019

Published on: 05/01/2019

Sustained growth in disposable incomes has propelled discretionary spending and provided solid growth fundamentals for the Personal Care Products & Services Industry. The Global Cosmetics market alone was valued at over $523 billion in 2017 and is forecasted to increase at an annualized rate of 7.15% through 2023, according to CB Insights. Low barriers of entry have resulted in a fragmented market with new entrants increasing at a rate of 4.9% in the five years leading up to 2019, according to IBISWorld. Through Q1, larger players have targeted emerging niche brands marketed to specific demographics in order to align with shifting consumer preferences and expand market share in the face of globalization.

Key Contacts

David Bench

Managing Director

Tracy Patch

Director
Christopher Cardinale

Christopher Cardinale

Vice President