2001 Retail Sales of Cosmeceuticals Top $5 Billion, Should Best $6 Billion by 2006

Press Release
Mar 6, 2002

New York, March 6/PRNewswire – The latest biochemical techniques have found a perfect consumer application in products that appeal to the oldest dreams of human vanity. Through the introduction of products with specialty ingredients, companies in the skincare, haircare and hair-growth arenas have created a multi-billion dollar market that has revolutionized the traditional personal care marketplace. The U.S. Cosmeceuticals Market, a newly published Packaged Facts report available at MarketResearch.com, examines the highly competitive cosmeceuticals categories and explores the new products in development, from anti-aging facial moisturizers and anti-cellulite thigh creams to hair growth preps and vitamin-and-herb-packed shampoos. The report states that the total sales for all three major market sectors passed the $5 billion mark in 2001, a sales increase of more than 9% from the previous year. Growth was lead by the hair care category, which rebounded from growth of 1.9% in 2000 to an astounding 14.9% growth in 2001.

While skin care is currently the largest category in the cosmeceuticals market, haircare may in fact be the market sector with the greatest potential. “About 56% of cosmeceutical sales come from the skin care sector,” said Meg Hargreaves, VP of Research Publishing for MarketResearch.com. “However, with the recent introduction of herbal lines and the addition of specialty ingredients in haircare products, we are seeing tremendous growth and potential for continued strength in that sector.”

The U.S. Cosmeceuticals Market provides detailed information about consumer demographics, as well as distribution and marketing trends, product development, and emerging promotional campaigns. The report also includes historical sales data, as well as market projections through the year 2005.

More information about this report

About Packaged Facts
Packaged Facts, a division of MarketResearch.com, produces research reports on a wide range of consumer industries, covering the U.S. markets and including information on global market trends and opportunities.

About MarketResearch.com
MarketResearch.com is the leading provider of global marketing intelligence products and services. With over 50,000 research publications from more than 350 top consulting and advisory firms, we offer instant online access to the world’s most extensive database of expert insights on global industries, companies, products, and trends. Updated daily. For more information, call Alison Williams at 212.807.2649 or visit www.MarketResearch.com.

800.298.5294
Int'l: +1.240.747.3095
Questions?
Contact a research specialist >

Live help
Privacy Policy    |    Terms and Conditions    |    Site Map    |    Return Policy    |    Press    |    Help FAQs
Home About Us My Account Personal Library Contact Us
Copyright © 2022 MarketResearch.com, Inc. All Rights Reserved.
Packaged Facts - A division of Market Research Group, LLC
1/23/2022 - 141
Contact Us: 800.298.5294 (U.S.)
or +1.240.747.3095 (Int'l)
Hours: Monday - Thursday: 3:00am - 6:30pm EST
Fridays: 3:00am - 5:30pm EST