Fountain of Youthful Products Drives Skincare Market; Natural Ingredients Trend Continues

Apr 24, 2001, 01:00 ET from MarketResearch.com

    NEW YORK, April 24 /PRNewswire Interactive News Release/ --
 MarketResearch.com, the leading provider of global market intelligence,
 announced the release of a new research study "The U.S. Skincare Market" from
 Packaged Facts.  According to this study, the American obsession with
 youthfulness will continue to fuel innovation in the beauty product market.
     "Baby Boomers, born between 1946 and 1964, are aging, and fighting it
 every step of the way," said Richard Koulbanis, VP of Publishing for
 MarketResearch.com. "Antiaging products promising to reduce, mask and even
 eliminate dreaded wrinkles are now the hottest trend in skincare, but firming,
 lifting and anticellulite products are making their presence known as well.
 Natural ingredients are also nourishing the beauty market, judging from the
 increased demand for products with seaweed, soy, coenzyme Q10, vitamin C and
 milk proteins."
     With a wider array of products to choose from, consumers are turning the
 heat up for manufacturers by hunting for the best price value at the most
 convenient retail outlets. Products once considered prestige items are now
 being sold in mass-market retail chains. Competition for share of market
 continues to be fierce with innovation being the driving force behind the
 leaders in the beauty market.
     "The action in the skincare market tends to shift between categories and
 depends a lot on new product introduction," said Koulbanis. "In 1998, the
 introduction of pore strips caused the facial cleanser category to experience
 tremendous growth, but by 2000 those sales have slowed down. Now, new delivery
 systems like spray-form body lotion are revitalizing the hand and body lotion
 category by presenting an over-familiar product as the latest after-bath
 experience."
     Facial moisturizers accounted for 45% of total 2000 skincare sales; hand
 and body moisturizers, 30%; and facial cleansers 25%. By 2005, the skincare
 market segment is estimated to top $5.4 billion.
 
     About MarketResearch.com
     MarketResearch.com is the leading provider of global market intelligence
 products and services. With over 40,000 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, contact
 Marzia Marzi at 212-807-2650 or mmarzi@marketresearch.com, or visit
 http://www.MarketResearch.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X65918284
 
 

SOURCE MarketResearch.com
    NEW YORK, April 24 /PRNewswire Interactive News Release/ --
 MarketResearch.com, the leading provider of global market intelligence,
 announced the release of a new research study "The U.S. Skincare Market" from
 Packaged Facts.  According to this study, the American obsession with
 youthfulness will continue to fuel innovation in the beauty product market.
     "Baby Boomers, born between 1946 and 1964, are aging, and fighting it
 every step of the way," said Richard Koulbanis, VP of Publishing for
 MarketResearch.com. "Antiaging products promising to reduce, mask and even
 eliminate dreaded wrinkles are now the hottest trend in skincare, but firming,
 lifting and anticellulite products are making their presence known as well.
 Natural ingredients are also nourishing the beauty market, judging from the
 increased demand for products with seaweed, soy, coenzyme Q10, vitamin C and
 milk proteins."
     With a wider array of products to choose from, consumers are turning the
 heat up for manufacturers by hunting for the best price value at the most
 convenient retail outlets. Products once considered prestige items are now
 being sold in mass-market retail chains. Competition for share of market
 continues to be fierce with innovation being the driving force behind the
 leaders in the beauty market.
     "The action in the skincare market tends to shift between categories and
 depends a lot on new product introduction," said Koulbanis. "In 1998, the
 introduction of pore strips caused the facial cleanser category to experience
 tremendous growth, but by 2000 those sales have slowed down. Now, new delivery
 systems like spray-form body lotion are revitalizing the hand and body lotion
 category by presenting an over-familiar product as the latest after-bath
 experience."
     Facial moisturizers accounted for 45% of total 2000 skincare sales; hand
 and body moisturizers, 30%; and facial cleansers 25%. By 2005, the skincare
 market segment is estimated to top $5.4 billion.
 
     About MarketResearch.com
     MarketResearch.com is the leading provider of global market intelligence
 products and services. With over 40,000 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, contact
 Marzia Marzi at 212-807-2650 or mmarzi@marketresearch.com, or visit
 http://www.MarketResearch.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X65918284
 
 SOURCE  MarketResearch.com