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Beauty Products Production

Beauty Products Production

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Executive summary

The Cosmetic and Beauty Products Manufacturing industry produces personal care goods for everyday use, such as deodorant, shaving cream and dental floss, and specialty cosmetic products, such as eyeliner and perfume. Rising per capita disposable income over most of the five years to 2022 has supported revenue. As consumers began to recover from the effects of COVID-19 (coronavirus), revenue increased 5.2% in 2021. However, industry revenue is estimated to fall at an annualized rate of 0.7% to $47.7 billion over the five years to 2022, with this drop was mainly due to the COVID-19 (coronavirus) pandemic and including an increase of 1.4% in 2022 alone. Profit has also decreased during the period, along with revenue.
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Each report includes:

industry revenue;

industry profit;

industry margin;

industry employment;

industry major players;

industry key external drivers;

industry product & structure segmentation;

industry key trends;

industry Life Cycle;

industry Geographic Breakdown;

industry Key Success Factors;

industry Key statistics for previous years;

forecast of industry Key statistics for the next 5 years;

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Reference Wordlist

High barriers to entry mean that new companies struggle to enter an industry, while low barriers mean it is easy for new companies to enter an industry.

Compares the amount of money spent on capital (plant, machinery and equipment) with that spent on labor. M-Ysland LLC uses the ratio of depreciation to wages as a proxy for capital intensity. High capital intensity is more than $ 0.333 of capital to $ 1 of labor; medium is $ 0.125 to $ 0.333 of capital to $1 of labor; low is less than $ 0.125 of capital for every $ 1 of labor.

The dollar figures in the Key Statistics table, including forecasts, are adjusted for inflation using the current year (i.e. year published) as the base year. This removes the impact of changes in the purchasing power of the dollar, leaving
only the "real" growth or decline in industry metrics. The inflation adjustments in M-Ysland LLC`s reports are made using the US Bureau of Economic Analysis’ implicit GDP price deflator.

Spending on industry goods and services within the United States, regardless of their country of origin. It is derived by adding imports to industry revenue, and then subtracting exports.

The number of permanent, part-time, temporary and seasonal employees, working proprietors, partners, managers and executives within the industry.

Colloquial Terminology

A product used for cleansing, beautifying, promoting attractiveness or altering the appearance.

The marketing and selling of products directly to consumers in a location other than a store or other fixed retail site.

A chemical used widely in cosmetics as a product preservative. Recent research has linked parabens to cancer.

A trend in which companies attempt to increase revenue by offering more enhanced, value-added products, often at a higher price to consumers.

An individual with a large following on social media who has established credibility in a specific industry. Social media influencers often work with brands to promote products.


A rising number of middle-aged people has provided an opportunity for developments in antiaging and luxury products. Moreover, rising consumer spending during most of the period has contributed to demand for luxury and discretionary products, particularly for products with beneficial ingredients. Increasing awareness of innovative, inclusive, technical and sustainable products has been the trend for consumers during the current period. As disposable income has increased, consumers have had more flexibility to purchase discretionary industry products. Additionally, exports have supported revenue growth, with the exception of 2020, with exports primarily destined for
Canada, China, the United Kingdom and Mexico. Aided by social media marketing and increased demand for US-made products, online businesses, such as Glossier Inc., have been especially well-positioned to reach consumers internationally.

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