Breaking News

Ten Years Later, Beauty Is Thriving, Says NPD

October 3, 2007

Since 1997, beauty sales in U.S. department stores have grown nearly 33% and the industry has added over 1,000 brands, that’s according to the NPD Group, which is marking its 10th anniversary with a special report on the past 10 years in the beauty industry. While more young people are purchasing beauty products, Baby Boomers are also influencing the marketplace. Men are into grooming products more than ever, and the marketplace is more ethnically diverse. Designers and celebrities have made a major impact on the fragrance market, generating more than $200 million in sales between 2003 and 2005.

To illustrate how the market has changed in the past decade, NPD has compared data from the past decade. For example, in 1997 beauty sales in U.S. department stores totaled $6.2 billion; today, beauty sales in U.S. department stores total $8.2 billion. Then, celebrity fragrances represented approximately 2% of the total prestige fragrance market; today, they represent 7% of the total prestige fragrance market.

Cosmeceutials have also grown. Then, cosmeceutical brands were virtually unknown at 1% while today, cosmeceutical brands are approximately 11% of prestige skin care sales. More info: www.npd.com.
  • Fit for Fitness

    Fit for Fitness

    Christine Esposito, Associate Editor||February 21, 2017
    Kinx Active is a new brand targeting women who want beauty products that can stand up to their fitness routines.

  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Cashing In on Coconuts

    Cashing In on Coconuts

    Melissa Meisel, Associate Editor||February 6, 2017
    Organic to Green is making waves for its new oils and eco-friendly packaging.

  • Trade Association Directory 2017

    February 2, 2017
    Contact details of trade associations that serve various segments of our industry and are mentioned frequently in Happi.

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Relief for Sensitive Scalps

    Relief for Sensitive Scalps

    Guadalupe Pellon and Annette Mehling , BASF||February 2, 2017
    BASF researchers detail the attributes of the company’s highly effective hair care system focusing on scalp sensitivity.