Breaking News

Blacks are An Untapped Beauty Market

November 14, 2005

African-Americans spend about $6 billion on health and beauty aids annually, 11.2% more than the general market, according to studies by the Hunter-Miller Group, Chicago. This makes African-Americans a golden opportunity in the health and beauty aids market.

According to Hunter Miller, blacks account for about 30% of all hair care product purchases. Hunter miller estimates 70-80% use chemical relaxers, the largest hair category. Skin care is also of primary concern among blacks, with 37% citing oiliness, 32% citing dryness and 31% pointing to acne as issues that demand effective solutions.

The African-American population is projected to reach 37.5 million by 2010, with spending power growing from $645.9 billion in 2002 to $852.8 billion by 2007, Hunter-Miller executives said, strong indicators that demand and expenditures will continue to increase. However, black health and beauty requirements are not currently being fully addressed, creating untapped areas of opportunity for health care providers and facilities, pharmaceutical companies and health and beauty product companies. The group said that focused targeting of relevant products and culturally appropriate advertising can secure a strong and loyal customer base and heighten awareness of issues in the black community. More info: (773) 363-7420; Website: www.huntermillergroup.com.
blog comments powered by Disqus
  • Patent Update

    Patent Update

    June 30, 2016
    J&J's anti-aging patent, LVMH and cannabis essential oil, transdermal botulinum toxins and more in recent patent news.

  • Start Stuffing The Ballot Box (Again)!

    Start Stuffing The Ballot Box (Again)!

    June 28, 2016
    Vote on the finalists in Happi's reader's choice Anti-Aging Product of the Year contest!

  • What

    What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 27, 2016
    Euromonitor weighs in on how Brexit could impact consumer product companies.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.