Published on : Jun 27, 2017
Albany, New York, 27 June 2017: Beauty and style define a person as much as position and status in today's world, due to which a number of consumers using beauty and personal care accessories and this has, in turn, led to the growth of cosmetics market across the world. In U.S., BPC accessories have experience moderate growth driven by make-up accessories, which is further anticipated to grow significantly in the coming years as well. The detailed analysis on this rapidly growing market can be found in the latest report added to the online repository of Market Research Hub (MRH), with a title of “U.S. Beauty and Personal Care Accessories- June 2017”. The study forecasts the market growth and size for the period of 2017 to 2021, mainly driven by key factors, historic and projected sales performance, analysis of top segments, consumer attitudes towards these products and latest innovations.
Initially, the study starts by outlining the market overview along with current trends, issues and opportunities in the U.S. beauty and personal care market. The United States has the largest cosmetics market in the world, which offers variety of beauty products. Beauty and personal care products are applied to the skin to avoid symptoms such as early aging, black patches and pimples. Consumers have now become more conscious regarding the usage of cosmetics in their daily lives in an effort to step up their style quotient and whole personality. In order to meet the increasing demand of the consumers in the market, a variety of different products are launched by various leading as well as emerging manufacturers.
As per the findings, the BPC (beauty and personal care) accessories market has experienced gains in 2017 (estimated), mainly driven by strong consumer interest and increased availability of make-up accessories such as brushes and sponges, while hair accessories dominate the market but experience slower growth. On the other hand, topical products garner higher spend will experience faster growth. Trends in hair, make-up, shower products can influence BPC accessory sales, finds study. Furthermore, the report also analyzes the major factors such as sales of color cosmetics are thriving; technology, trends shape market; rising preferences for natural looks among U.S. consumers will drive hair care sales. Concerns over germs can also present opportunity for germ-resistant materials or products that signal to consumers when it’s time to replace a germy BPC accessory. Finally, blender sponges are on-trend and may increase the collection of BPC accessories that women own.
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The next sections of the study analyze the competitive landscape of the market by profiling the key market players. Among several key players, study finds that Conair, Newell Rubbermaid lead market but struggle to grow in the coming years. Paris Presents and J.A. Cosmetics also gain maximum share in the market.
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