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Anti-aging product sales soar.


* The anti-aging product market rose 13% in 2003, more than double the previous two years' 4-5% growth rate, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 NPD Group The NPD Group, Inc. is a leading global market research company[1] founded in 1967 and provides consumer and retail information to manufacturers and retailers. Using actual sales data from retailers and distributors as well as consumer-reported purchasing behavior, NPD , Port Washington Port Washington, uninc. town (1990 pop. 15,387), Nassau co., SE N.Y., a suburb of New York City, on the north shore of Long Island and Manhasset Bay. There is extensive manufacturing, much of it reflecting the region's past association with the aircraft and aerospace , NY.

The firm's research shows that products costing more than $70 made up 14% of total skin care sales last year, up from 5% in 2002. Furthermore, skin care products priced at $100 and up represented as much as 26% of the $70-and-up category compared to 21% the previous year, NPD NPD New Product Development
NPD Nouveau Parti Démocratique (Canada)
NPD Narcissistic Personality Disorder
NPD Norwegian Petroleum Directorate
NPD Nationaldemokratische Partei Deutschlands
 executives said.

In other news, NPD reported that prestige beauty sales including skin care, fragrance and makeup products sold in U.S. department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , hit $7.5 billion in 2003, a 2% increase versus the prior year.

"Some of this growth is due to larger-size products on department store beauty counters and more gift sets selling, which carry a higher price," said Timra Carson, president, NPD beauty, a division of The NPD Group. "We are also seeing better quality products with advanced technologies driving prices. Value, convenience, innovation, new launches and technology continue to drive the beauty business across all channels of distribution."
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Title Annotation:News Front
Publication:Household & Personal Products Industry
Date:Apr 1, 2004
Words:178
Previous Article:CTFA Conference focuses on leadership.
Next Article:Pathways to beauty and well-being targets consumers.



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