Short-term future for US personal care looks sluggish

摘要

THE US personal care market looks set to remain stagnant over the next two years, but is expected to pick up afterwards as the downturn wears off. A new study from Kline & Company predicts that overall growth for the next five years will be 'moderate', as sales pick up again by the end of 2010. The study points to the fact that sales of US personal care products grew by only 0.3 percent in 2008 to reach a total of $35.6m, due mainly to the onset of a sharp downturn throughout the US retail segment during the second half of the year.