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Ethnic Niche Market for Beauty Products Expected to Increase Significantly


Updated Oct 19, 2006

As niche markets in the cosmetic and beauty market record increasing growth, Packaged Facts latest report indicates a 19% percent increase since 2001.   This represents a dollar amount in excess of $1.9 billion.

 

In their most current edition of the publication, Ethnic Hair, Beauty and Cosmetic Products reported that this represents just a portion of sales in the sector as some consumers purchase non-ethnic specific items as well. As such this niche market, made up of African American, Hispanic and Asian consumers will total approximately $6.5 billion by the end of 2006.  

 

Written by the CareFair.com Editorial Team.


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