With return in consumers’ confidence, spa industry in the country is projected to witness a healthy growth during the next few years, says RNCOS.
Noida, UP -- (SBWIRE) --06/09/2011 -- The spa industry has witnessed stupendous growth during the last decade. The popularity of spas comes in large part because of the stress of modern living, and the desire of the aging population to stay as young looking and acting as possible. The industry is expected to observe more people showing interest towards these services. The driving force behind the growth is consumer demand. Moreover, day spas, which represent over three-fourths of the total number of spas, have opened the gateways to a complete new generation of spa-goers who have less time or money to board on a destination spa vacation.
According to our research report “US Cosmetic & Toiletries Market Analysis”, spa market in the country will cross US$ 14 Billion mark by 2015 end, up around by 15% from the level observed in 2009. Besides the spa market, overall cosmetics & toiletries market is projected to observe a healthy growth during the next few years. The recovery shown by the US cosmetic industry is a positive sign for cosmetics and toiletries companies. The growth was a result of increased consumer spending where multifunctional products with competitive pricing were preferred by the consumer.
According to our research, we have found that, the market for organic and natural cosmetic products will witness significant growth during the next few years. Many factors are driving the growth of the organic & natural beauty products, for instance, presently consumers have more on-line access than ever before to information and misinformation. Besides, many TV programmes and newspaper articles on the dangers of “toxic chemicals” are also creating interest for organic and natural beauty products.
“US Cosmetic & Toiletries Market Analysis” provides overall assessment of the US cosmetics and toiletries industry by product segments and by therapies. Product segments include skincare, fragrances, hair care, makeup, oral care, and other toiletries. Therapies include cosmetic dermatology and spa market in the US. The report also provides current industry trends and detail competitive landscape to help client in making decisive investment decisions.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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