Industry Analysis & Industry Trends
Operators in the Perfume and Cosmetics Wholesaling industry distribute cosmetics, perfumes, soaps and other toiletries to department stores, pharmacies, supermarkets and speciality retailers. The industry plays an essential role in distributing a variety of goods to the downstream Cosmetics and Toiletries Retailers industry (IBISWorld report G47.750). Steady demand from image-conscious consumers has helped the industry grow since 2011-12. Industry revenue is expected to dampen in the current year, decreasing by 2.5% as consumer confidence, and subsequently spending, looks to fall following the outcome of the EU referendum result, which has caused widespread uncertainty. This is likely to reduce demand for industry products, particularly in the luxury segment... purchase to read more
Industry Report - Industry Key Buyers Chapter
One of the defining characteristics of the UK Perfume and Cosmetics Wholesaling industry is its fragmentation, which is demonstrated by the existence of many very small firms. According to ONS figures, 84.4% of perfume and cosmetics wholesalers employ fewer than 10 people.
The four largest players - L'Oreal, Estee Lauder, Coty and Beiersdorf – are estimated to account for 32.8% of total industry revenue. This means that the industry has a relatively low level of concentration. Over the next five years, market share concentration is likely to increase as major companies introduce new brand campaigns and buy up small innovative companies in order to boost their market share. Fur.. purchase to read more