Ethnic Spending on HBC Products Tops $8.4 Billion This Year

Overall purchases of both ethnic-specific and general-market hair, beauty, and cosmetic (HBC) products by Asians, African Americans, and Hispanics are set to top $8.4 billion by year’s end, according to the latest market research from Packaged Facts.

The report pegs the current market for ethnic-specific HBC products at nearly $1.9 billion, a 19% gain over 2001 figures. General-market HBC purchases ring up at about 3.5 times more than ethnic-specific, with this year’s general-market purchases expected to total over $6.5 billion.

Previous: « comScore Top 10 Gaining Web Properties, September 2006

Next : » Foodservice market for Latin foods reaches $18 billion

  ABOUT    CONTACT Metrics 2.0 RSS Feeds RSS   Metrics 2.0 Widgets for your site or blog WIDGETS   ARCHIVES

Enter Email for Daily Feed Delivery: