Breaking News

Buying Power Of Minority Women to Surpass $1 Trillion By 2008

November 22, 2005

Ethnic women represent $723 billion in purchasing power, according to a new study by New York-based Packaged Facts. “The U.S. multicultural women market” said the African-American, Asian and Hispanic female population grew 40% between 1995-2003. By 2008, this group will grow to approximately 36 million, with buying power surpassing $1 trillion.
Also, Packaged Facts reported the 84 million ethnic men spend $1.4 billion a year on personal care items, according to the study, “Market trends: the ethnic male personal care market.” By 2008, the firm estimated sales will grow 20% to $1.7 billion. More info: www.PackagedFacts.com.
blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.

  • A Sweet-Smelling Sanctuary

    A Sweet-Smelling Sanctuary

    Melissa Meisel, Associate Editor||September 1, 2016
    Home fragrance is enhanced by aromatic developments in delivery and components.