Breaking News

Teen,Tween Beauty Sales To Top $8 Billion by 2012

February 7, 2008

After climbing 20% from 1998-2002 and continued double-digit growth through 2007, the U.S. teen (age 15-18) and tween (age 8-14) grooming products market finished 2007 racking up nearly $7 billion in sales, with anticipated growth reaching more than $8 billion by 2012, according to a report from Packaged Facts, “Teen & Tween Grooming Products: The U.S. Market.”

In a world where anti-aging rules, members of what Packaged Facts terms “Kid Nation”—those ages 10-19—are not bashful about spending big bucks for items such as lip balm or hair spray.

Skin care purchases by teens and tweens—or purchases by adults for them—topped $3.2 billion in 2007. Similarly, hair care sales are pushing past $2.4 billion.

“The teen/tween grooming market is not behaving as the mature market that stalling population numbers would indicate,” notes Tatjana Meerman, publisher of Packaged Facts. “Kids are responding well to the soft-positioning of existing adult grooming items, brand-dedicated websites, product placement deals and text messaging campaigns as their awareness of appearance becomes more sophisticated and their spending power blossoms.” More info: www.packagedfacts.com
blog comments powered by Disqus
  • Pushin’ the Cushion

    Pushin’ the Cushion

    Christine Esposito, Associate Editor||July 26, 2016
    AmorePacific, the creator of the cushion compact, continues to improve its unique product.

  • Cozy Makes a Splash

    Cozy Makes a Splash

    Melissa Meisel, Associate Editor||July 25, 2016
    Expands reach into CVS and introduces new collection.

  • Senior Skin Care

    Senior Skin Care

    Christine Esposito, Associate Editor||July 19, 2016
    McCord Research and Product Quest Manufacturing roll out new hospital-grade skin care kits for seniors to use at home.

  • 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.