In the New [ab]Normal of economic sluggishness, cosmeceuticals marketers have
an opportunity to shine across multiple generations, including Boomers, Gen
X-ers, and increasingly, Gen Y-ers. Like many consumer packaged goods
categories, cosmeceuticals sales suffered during the recession, but the going
could have been tougher were it not for cosmeceuticals' “little
luxury” appeal and bang-for-the-buck ability to deliver curative and
preventative benefits on top of cosmetic ones. Now, this same appeal is
contributing to a market rebound amounting to 2% growth in 2010 and 4% growth
in 2011. This upswing puts U.S. retail sales of cosmeceuticals at $9.7 billion
in 2011, with ongoing annual sales gains expected to boost the market to $11.7
billion by 2016.
Younger generations have grown up immersed in marketing messages making them
both appearance-oriented and aware of the importance preventive healthcare. As
a result, new marketing prospects are opening up at the younger end of the age
spectrum, even as aging Boomers open their wallets ever wider to stave off the
cosmetic toll of aging. Still, cosmeceuticals marketers may take nothing for
granted. More than ever given their ongoing budget constraints, shoppers
expect the cosmeceuticals they buy to perform, and the faster the better. Thus
any product with a quantifiable “instant gratification” benefit -
which has always been a powerful appeal in the color cosmetics category - has
an edge. In addition, with the upper end of the market rebounding the fastest,
particular attention is owed to prestige channel shoppers expressing pent-up
demand post recession.
This completely updated Packaged Facts report examines the market for
cosmeceutical products within the context of broader HBC trends in new product
development and marketing, segmenting cosmeceuticals into three categories:
skincare, hair care, and color cosmetics. Fully exposing the driving forces
behind this market, the report analyzes market size and drivers, new product
introductions, and competitive strategies, as well as the social and lifestyle
patterns shaping the fortunes of cosmeceutical products. Marketer and brand
profiles specific to each of the three categories help to define the
relationship between consumer attitudes and new product development and
marketing strategy.
Key data sources include Experian Simmons Market Research Bureau national
consumer surveys, covering category and brand usage levels and demographic
patterns, and Information Resources, Inc. InfoScan Reviews, quantifying
cosmeceuticals marketer and brand shares at the mass-market level across the
three product categories. The report includes many product images, and as a
special feature, late-breaking data from Packaged Facts' own consumer survey,
which was conducted online in March 2012.
Table of Contents
Table of Contents
Chapter 1: Executive Summary
Introduction
Market Definition: Cosmeceuticals
Report Methodology
Market Trends
U.S. Cosmeceuticals Market Nears $9.7 Billion
Category Shares Remain Stable
Figure 1-1: Share of U.S. Retail Sales of Cosmeceuticals by Category,
2007 vs. 2011 (percent)
Prestige Channels vs. Mass-Market Outlets
Figure 1-2: Share of U.S. Retail Sales of Cosmeceuticals by Channel,
2011 (percent)
Prestige Sales Surge While Mass Sales Falter
New Year, Same Economic Troubles
Many Cosmeceuticals Still Affordable
Return to Luxury Spending
A Cosmeceutical World
The Graying of America
The Rise of Natural and Organic
Cosmeceuticals vs. Cosmetic Surgery
The Quest for the Next Big Ingredient
Competitive Overview
Cosmeceutical Skin Care Marketers
Cosmeceutical Hair Care Marketers
Cosmeceutical Cosmetics Marketers
Marketing Trends
Plant Power in Skin Care
Brand Overhauls in Hair Care
Antioxidants and Vitamins in Color Cosmeceuticals
Consumer Trends
Moisturizers Are Most-Used Skin Care Product
More Consumers Choosing Anti-Aging Skin Care Over Antioxidants
Shampoo Is Most Frequently Used Hair Care Product
Shampoo, Conditioner Use Steady Among Men, Up Among Women
Lip Color Is Most-Used Color Cosmetic
Chapter 2: Market Trends
Introduction
Market Definition: Cosmeceuticals
Report Methodology
Market Size & Composition
U.S. Cosmeceuticals Market Nears $9.7 Billion
Table 2-1: U.S. Retail Sales of Cosmeceuticals, 2007-2011 (in billions
of dollars)
Category Shares Remain Stable
Figure 2-1: Share of U.S. Retail Sales of Cosmeceuticals by Category,
2007 vs. 2011 (percent)
Dollar Sales Outpace Volume Growth at Mass
Table 2-2: SymphonyIRI-Tracked Retail Sales of Cosmeceuticals by
Dollar and Volume Growth, 2010-2011 (in millions of dollars and pounds)
Prestige Channels vs. Mass-Market Outlets
Figure 2-2: Share of U.S. Retail Sales of Cosmeceuticals by Channel,
2011 (percent)
Prestige Sales Surge While Mass Sales Falter
Factors to Market Growth
New Year, Same Economic Troubles
Personal Care Prices Defy Inflation
Table 2-3: Consumer Price Index for All Items vs. Personal Care Items:
2001-2011
Many Cosmeceuticals Still Affordable
Return to Luxury Spending
Figure 2-3: Attitudes of Wealthy U.S. Consumers, 2009 vs. 2010
(percent)
Illustration 5-10: bareMinerals READY Eye Color Collection
Is It Powder? Is It Sunscreen? Is It Skin Care?
Illustration 5-11: Peter Thomas Roth Anti-Aging Instant Mineral SPF 45
Collagen
Illustration 5-12: Beauty for Real See the Light! Illuminating Lip
Gloss
Illustration 5-13: Rimmel London Moisture Renew Lipgloss
Peptides
Illustration 5-14: Wet n Wild MegaLash Clinical Serum
Functional Food Ingredients
Illustration 5-15: Dior Serum de Rouge Luminous Lip Color Treatment
Olive Oil
Illustration 5-16: Badger Lip Tint and Shimmer
Plump Those Lashes
Illustration 5-17: Rimmel London Lash Accelerator Mascara
Makeup for Men?
Illustration 5-18: EvolutionMan Nail Varnish
Consumer Trends
Methodology
Lip Color Is Most-Used Cosmetic
Table 5-6: Percentage of U.S. Women Using Color Cosmetics by Type,
Brand and Frequency: 2011
Lipstick Use on the Decline
Table 5-7: Percentage of U.S. Women Using Lipstick/Lip Gloss by Type:
2008-2011
Use of Mascara, Foundation Remains Steady, Eye Shadow Use Climbs
Table 5-8: Percentage of U.S. Women Using Mascara by Type: 2008-2011
Table 5-9: Percentage of U.S. Women Using Foundation/Concealer by
Type: 2008-2011
Table 5-10: Percentage of U.S. Women Using Eye Shadow by
Type: 2008-2011
Employment Changes and Cosmetics Use
Table 5-11: Use of Color Cosmetics and Employment Changes in Past 12
Months: U.S. Women, 2011 (index)
Demographic Trends
Lipstick/Lip Gloss Use
Mascara Use
Foundation/Concealer Use
Table 5-12: Demographic Indexes for Lipstick/Lip Gloss Used Most
Often: By Brand, 2011 (U.S. women consumers)
Table 5-13: Demographic Indexes for Mascara Used Most Often: By Brand,
2011 (U.S. women consumers)
Table 5-14: Demographic Indexes for Foundation/Concealer Used Most
Often: By Brand, 2011 (U.S. women consumers)
Chapter 6: Looking Ahead
Cosmeceutical Products Offer More
Wider Selection Means More Opportunities
“Green” Concerns Continue to Take Priority
Natural and Organic Products Provide Counterpoint
Growth of Cosmeceuticals at Mass
Not All Mass Channels Are Equal
Table 6-1: Selected Cosmeceutical Product Cost Comparison: Target vs.
CVS, 2011 (in dollars)
Problems with Diversion
Growth in Online Shopping
E-Marketing Cosmeceuticals
Dove Campaign Demonstrates Multi-Outlet Marketing
Individualized Marketing
QR Codes Allow High-Tech Purchasing
Social Networking: Facebook, Twitter, Then...
User-Driven Content: Pinterest
International Perspective
Growth in Developing Markets
Different Standards Lead to Confusion
International Expansion
Free Trade Legislation Encourages Global Cosmetics Market
Cosmeceuticals in the U.S, 6th Edition published by Packaged Facts in April 20, 2012. This report consists of 238 Pages and the price starts from US $ 3750.
The contents of this page may be different from the latest version. Please contact us for details.