Posts Tagged ‘Report’
Life Insurance and Annuities in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) March 17, 2012
According to the Federal Reserve, the Life Insurance and Annuities industry is one of the largest sources of investment capital in the United States. As a major source of capital, businesses, governments and organizations rely on life insurers to expand operations or finance transactions. At the same time, life insurers’ primary responsibility is to their policyholders; they offer services and products related to wealth preservation, retirement savings and estate planning, said IBISWorld industry analyst Sophia Snyder. The magnitude of invested assets highlights the industry’s exposure to the financial market sector. As a result, revenue has been decimated by the subprime mortgage crisis and financial market collapse. Revenue declined at an average annual rate of 6.2% to $ 745.6 billion in the five years to 2012.
The decline in revenue is largely attributed to investment losses, but a drop in income from premiums also hurt the industry. As unemployment rose and disposable income diminished, demand for individual policy coverage weakened. Similarly, the rise in unemployment diminished sales of group coverage. Investment income continued to fall due to the industry’s exposure to real estate investments, mortgages and other debt-related securities. As a result, revenue fell about 12.4% in 2010. In 2011, however, the declines started to reverse, and revenue in 2012 is expected to increase 1.4%. Further, the number of employees is starting to creep upward. Revenue is projected to increase in 2013 as the industry benefits from higher interest rate returns on bonds and other debt-market securities. Beyond this one-year gain, industry growth will remain restrained over the majority of the next five years, hampered by persistent unemployment. Investment income is also expected to be modest compared with pre-2008 levels as firms attempt to lower financial risks and improve stability.
The US Life Insurance and Annuities industry has low market concentration, as the top four life insurers in the United States account for about 11.8% of industry revenue in 2012. The four main types of life insurers in the United States include stock-owned entities, mutual companies, fraternal organizations and federal agencies. However, most life insurers are organized as either stock (75.4% of firms) or mutual companies (14.0%). Stock life insurers issue stock and are owned by their stockholders, while mutual companies are legally owned by their policyholders and consequently do not issue stock. According to Snyder, stock life insurance companies can be owned by a variety of investors, including individual investors, institutions, corporations, other life insurance companies and even mutual firms. As a result, these entities tend to be less risk-averse in comparison to mutual companies, as the diverse ownership base is generally more concerned with profit margins and stock appreciation than financial stability. For more information, visit IBISWorlds Life Insurance and Annuities report in the US industry page.
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IBISWorld industry Report Key Topics
Operators within this industry are primarily engaged in accepting liability under annuities and life, disability income and accidental death and dismemberment insurance policies. Enterprises within this industry include fraternal organizations, privately held insurers, publicly traded insurers and mutual insurance companies.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Credit Card Processing and Money Transferring in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) March 03, 2012
Despite an uncertain economy and decreases in disposable income, the Credit Card Processing and Money Transferring industry has been able to sustain revenue throughout the recession. According to IBISWorld industry analyst Eben Jose, the recession set back industry revenue, but the large-scale implementation and popularity of electronic payment technology has provided the industry with a solid foundation for revenue growth. The industry mainly generates revenue through data processing and international transactions fees. Therefore, while the volume of transactions decreased during the recession, the ratio of electronic payments to cash or check methods actually increased. As a result, in the five years to 2012, IBISWorld estimates industry revenue will rise at an average annual rate of 0.4% to $ 46.5 billion.
Nevertheless, the industry’s reliance on transaction volumes and the value of noncash payments makes it susceptible to fluctuations in the general economy. Consequently, industry revenue declined as the recession began in 2008. During this period, revenue dipped 0.8% to $ 45.2 billion as the real estate bubble burst, credit markets tightened and the United States spiraled into a recession. Jose says, the downward trend worsened in 2009, with revenue falling a further 3.4% because of lower transaction volumes and increased competition among operators. The top four major companies, American Express Company, Kohlberg Kravis Roberts & Co., Visa USA and MasterCard International, increasingly compete for market share. With the economy beginning to recover, this negative trend will reverse, and revenue is expected to jump 4.9% in 2012.
During the five years to 2017, general economic improvements will drive industry growth. As unemployment falls and consumer confidence improves, demand for products and services will rise, increasing transaction volumes. Businesses are also projected to boost spending, as revenue improves and the economy stabilizes. Consequently, industry revenue is expected to steadily rise throughout the next five years. In addition to revenue growth, profit margins are set to improve, as operators benefit from consolidation and technological advancements that improve processing efficiencies.
For more information visit IBISWorlds Credit Card Processing and Money Transferring in the US industry page
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Establishments in this industry primarily engage in financial transaction processing, reserve and liquidity services, and check or other financial instrument clearinghouse services. The industry excludes electronic transactions associated with the US Federal Reserve (central bank).
IBISWorld industry Report Key Topics
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Good on Paper: Sanitary Paper Product Manufacturing in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, California (PRWEB) March 01, 2012
Demand for products in the Sanitary Paper Product Manufacturing industry which include staples such as toilet paper, paper towels, facial tissues, diapers, menstrual pads and tampons – typically remains stable in the face of cyclical change such as the recent recession. However, IBISWorld industry analyst Caitlyn Moldvay says the industry experienced a moderate revenue reduction as consumers purchased inexpensive paper products, reducing the value of sales. Since 2010, however, revenue has increased strongly, easily recovering from its recessionary losses. From 2007 to 2012, industry revenue is expected to increase at an average annual rate of 1.6% to $ 12.3 billion, having weathered the recession with minimal damage. In 2012 alone, industry revenue is expected to increase 3.1%, boosted by an improvement in domestic demand as well as increased demand in emerging overseas markets from a growing number of middle-class consumers in other countries. Domestic demands are changing with US demographics. A low birthrate during the recession and the aging baby boomer generation makes for a slight shift in the product mix, with consumers demanding fewer diapers and more incontinence products. Over the next five years, industry revenue is projected to rise, as the national unemployment rate falls and household income improves.
While industry exports are poised to grow in the coming five years, the United States is forecast to remain a net-importer of sanitary paper products. Domestic import penetration increased slightly over the past five years, despite depreciation of the US dollar in that period. From 2012 to 2017, this figure is expected to continue its rise. In particular, China and Mexico are expected to contribute to growth in the value of imports in industry products. Increased competition from imports will continue to hurt profitability in the Sanitary Paper Product Manufacturing industry. As a result, this already highly concentrated industry is expected to stay that way, with the three largest firms dominating it, Moldvay says. A relatively high degree of brand loyalty in this industry limits the potential success of new entrants, and thus limits the number of firms participating in the industry. While marketing and advertising are used aggressively to sway the customer base, these measures are often too costly for smaller producers.
The level of concentration differs among various product groups: within any given product segment, market concentration may be significantly higher than the industry average. The disposable diapers market effectively has a duopoly, with Kimberly-Clark Corporation and The Procter & Gamble Company both holding almost half of the segments market share. Similarly, Georgia-Pacific Corporation is estimated to hold nearly half the market share for away-from-home tissue products. Koch Industries, Inc. For more information, visit IBISWorlds Sanitary Paper Product Manufacturing report in the US industry page.
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IBISWorld industry Report Key Topics
Industry operators convert sanitary paper stock or wadding, as well as pulp and paper, into sanitary paper products such as facial tissues and handkerchiefs, table napkins, towels, toilet paper, disposable diapers and tampons. Some operators may manufacture their own sanitary paper while others purchase it from mills. Final industry products are sold to wholesalers for distribution, straight to retailers or directly to large customers.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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How soon after I default on my mortgage payments will foreclosure show on my credit report?
Question by : How soon after I default on my mortgage payments will foreclosure show on my credit report?
I want to make sure I can rent something before it shows me in foreclosure.
Best answer:
Answer by jlf
Late or missed payments will show within 30 days. A foreclosure will not show until it occurs.
What do you think? Answer below!
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Security Glass Manufacturing in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) May 21, 2012
The Security Glass Manufacturing industry manufactures products designed to resist three types of attacks: physical, ballistic and blast attacks. However, the industry was unable to withstand the pressures of the economic downturn. The market for security glass in the United States is mature and largely moves in line with US residential and commercial construction and automotive markets. The markets, however, have been suppressed over the past five years due to general weakness in the US economy following the Great Recession. Industry revenue is projected to decline at an average annual rate of 1.6% to $ 609.2 million, despite growth in 2012. The industry is moderately concentrated among its three largest players Guardian Industries Corp., Asahi Glass Company Limited and Compagnie de Saint-Gobain. However, US-based facilities have been unable to capture some of the worldwide demand for security glass products, limiting the domestic industry’s growth, says IBISWorld industry analyst Brian Bueno. Imports currently satisfy about 18.1% of the US demand for security glass products. Moreover, the vastness of automobile manufacturing and assembly that is performed abroad has generally favored foreign security glass producers. Therefore, the automobile market rebound in 2010 did not mitigate the effects of weak construction demand, allowing revenue to continue falling over the year.
The Security Glass Manufacturing industry has a medium level of concentration. Over the past decade, concentration has increased due to industry restructuring and merger activity. In addition, multiple smaller firms exited or were acquired by larger companies during the economic crisis, although the net effect on industry enterprises was minimal, continues Bueno. The industry comprises small glass manufacturers with security glass products targeted at niche applications in various market segments. Industry concentration is expected to continue an upward trend in the next five years. This is the result of an attempt to deal with increasing international competition for domestic customers and rising input costs.
Over the next five years, further economic improvement will drive down unemployment, increase consumer and business spending and create robust demand conditions for new office buildings, banks, sports centers and other structures that typically contain security glass. Furthermore, rising spending among government agencies as tax revenue increases will promote the construction of new municipal buildings. Lastly, further growth in demand for automobiles on a global scale will increase purchases of security glass used in car manufacturing. These factors will drive up demand for security glass. However, continued competition from foreign manufacturing facilities and from substitute products will limit growth. IBISWorld forecasts industry revenue will grow over the five years to 2017. For more information, visit IBISWorlds Security Glass Manufacturing in the US industry report page.
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IBISWorld industry Report Key Topics
This industry manufactures reinforced architectural and automotive glass (i.e. security glass). These products are primarily used in building construction, maintenance and repair, and in automobiles. The processes to manufacture these products include glass laminating, tempering, thermal and chemical strengthening, annealing, insulating and other aesthetic processing.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Fair Game: Licensed Sports Apparel Stores in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) March 12, 2012
The Licensed Sports Apparel Stores industry includes about 841 firms that operate an estimated 19,161 brick-and-mortar stores. These retailers sell apparel licensed from major sports leagues (e.g. NFL, NBA and MLS) and colleges. Stores are located across the country in line with population disbursement, and major retail outlets are often located within sports stadiums to capture demand from team enthusiasts. The economic downturn did not spare the industry, particularly because consumers often purchase team- or league- branded sports apparel as impulse items, and they generally consider them to be luxury goods. According to IBISWorld industry analyst Brian Bueno, as unemployment soared and incomes fell, consumers cut back on unnecessary expenses, including apparel and sports-related recreational purchases.
IBISWorld estimates that industry revenue fell 2.1% and 1.6% in 2009 and 2010, respectively, because of the slowdown in consumer spending. Bueno says, since 2011, the economy has shown signs of improvement and the unemployment rate has slowly crept downward, bolstering consumer sentiment and spending. As a result, industry revenue increased 0.7% in 2011 and is expected to jump another 3.0% to $ 3.7 billion in 2012. Overall, revenue is estimated to grow at an annualized rate of 0.6% over the five years to 2012. Nonetheless, external competition from online sports apparel retailers has generally hurt industry performance during the past five years, limiting the potential for a stronger recovery in sales in 2011 and 2012. While many industry firms also operate online retail channels, these sales are not captured within the industry’s revenue figures, which only include brick-and-mortar sales. The online market has generally increased price competition, hurting demand for physical stores.
The US economy is expected to continue strengthening, which will have a direct positive influence on the Licensed Sports Apparel Stores industry over the next five years. As unemployment falls, incomes rise and consumers regain confidence, spending on discretionary items such as sports apparel is expected to increase. IBISWorld anticipates that these trends will likely benefit the industrys top three players, Dick’s Sporting Goods, Foot Locker and the Sports Authority. These factors will also raise sporting event attendance, creating demand for industry products from fans seeking to support a team. Increasing competition from big-box retailers (e.g. Walmart) and online retail channels will likely hamper growth, but revenue is forecast to grow over the five years to 2017.
For more information visit IBISWorlds Licensed Sports Apparel Stores in the US industry page
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This industry sells licensed sports apparel, accessories and collectibles. Retailers must obtain a license to sell branded sports apparel and accessories. Many retailers also carry replica items, which are specifically identified as such. The industry does not include online sales of licensed sports apparel or products purchased through big-box retailers and department stores.
IBISWorld industry Report Key Topics
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Online Flower Shops in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) February 22, 2012
Although online flower shops captured significant market shares from brick-and-mortar florists in recent years as more consumers shopped online, the industry still suffered significant revenue declines as a result of the economic downturn. According to IBISWorld industry analyst Agata Kaczanowska, poor economic conditions, including weak consumer confidence and low disposable income, deterred consumers from making discretionary purchases like flowers. As a result of weakened demand, revenue for the Online Flower Shops industry is expected to decline at average annual rate of 4.0% to $ 2.1 billion in 2012. Declining demand heightened price competition among industry players, and among external competitors, such as supermarkets and other mass merchandisers that offer flowers at a discount. Increased price competition put pressure on profit, which is estimated to account for 1.3% of revenue in 2012. The industry experienced three years of revenue declines from 2008 through 2010, with revenue dropping as much as 17.3% in 2009 during the peak of the economic recession. Some smaller firms were unable to compete and were forced to shut down.
As the economy began its sluggish recovery, improved demand conditions helped the industry recover in 2011, when revenue grew 2.9%. The Online Flower Shops industry is expected to expand an additional 3.5% over 2012. As a whole, the industry is well positioned to capitalize on the growing prevalence of online consumer shopping as the economy recovers, and will continue to capture much of the total flower demand. As with other e-commerce industries, online flower shops can offer reduced prices by using a website as their storefront and delivering from central warehouses, therefore reducing the costs associated with operating a physical retail store, says Kaczanowska. The order-gathering business model adopted by many online flower shops, by which firms use their national online presence to gather orders and then pass them on to local retail florists for a fee, has also helped the industry gain market share. These factors will continue to drive revenue growth for the industry.
IBISWorld estimates that the top four players in the industry 1-800-flowers.com Inc., Florists Transworld Delivery Inc., Provide Commerce Inc. and Teleflora LLC control a significant share of the market. In general, florists tend to be small in size, serving only their local region or city. Additionally, florists can belong to several networks of online flower shops and have their own online store. This further fragments industry revenue. Industry operators must minimize delivery time and costs while maintaining the freshness of their products to remain competitive. Concentration for this industry has risen over the five years; the number of firms has contracted at an average annual rate of 1.2% to 3,574 in 2012. The fall in enterprise numbers mainly due to smaller florists that went out of business. In general, the industry has come under increasing pressure from grocery stores and mass merchandisers that have expanded their product offerings and offer competitive pricing without shipping or delivery costs. For more information, visit IBISWorlds Online Flower Shops report in the US industry page.
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IBISWorld industry Report Key Topics
This industry retails flowers online. Industry operators receive orders and payments through their websites and then either use their network of local florists or growers to fulfill and deliver the order. This industry primarily includes revenue from fresh-cut flowers, internet florist network membership dues and gift baskets sold online. Revenue from in-person orders is excluded.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Online Industrial Supplies Sales in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) May 17, 2012
Over the past decade, consumers and businesses have become increasingly more comfortable shopping online, and as a result, online retailers have seen their sales surge. The Online Industrial Supplies Sales industry has benefited from this migration and is expected to generate $ 4.9 billion in revenue in 2012. According to IBISWorld industry analyst Eben Jose, the online retail marketplace is one of the fastest growing industries in the United States, and as more traditional retailers (i.e. brick-and-mortar) have entered the online space to recapture sales taken by retailers that sell exclusively online, industry revenue has expanded even further. In the five years to 2012, IBISWorld expects industry-specific revenue to increase at an annualized rate of 6.7%.
While the industry has fared well recently, it did face some challenges immediately following the recession. The financial collapse and the recession that followed severely crippled the US economy. The rise in unemployment and decrease in disposable income forced many businesses downstream of this industry to cut back on production, thus decreasing industry revenue. Furthermore, the lack of available credit slowed industrial production at an average rate of 0.7% annually over the five years to 2012. Combined, these problems brought growth to a standstill in 2009, when industry revenue actually decreased 0.7%. Although the US economy remains sluggish, this industry has rebounded nicely as more downstream businesses shift purchases from brick-and-mortar retailers to online establishments to take advantage of industry’s often lower prices. As a result, industry-specific revenue is expected to increase 10.3% in 2012.
The Online Industrial Supplies Sales industry will continue climbing over the next five years, and the return of US manufacturing and industrial production will only push growth further. IBISWorld estimates industry revenue will increase strongly over the five years to 2017. Additionally, the rising acceptance of online shopping will continue to drive growth over this period as it did over the past five years. The projected increase in companies will put pressure on profit margins as industry participants are forced to compete on price. Furthermore, the continued adaptation of the industry’s external competitors is expected to threaten revenue over the period.
This industry is highly concentrated, in contrast to the brick-and-mortar marketplace, which is dominated by small, local mom-and-pop shops. IBISWorld estimates that in 2012, the top four firms in this industry will generate 81.3% of industry revenue. During the past five years, concentration has increased. The economic recession allowed the large operators to take market share from smaller players that had to scale back to adjust to slowing demand. Major players achieved some resilience to economic downturns by vertically integrating with transportation industries that can better absorb high input costs, such as fuel, said Jose. Through the recession, major player Grainger cut 600 positions in 2009 to counter falling sales but invested cash in expanding its product offering to remain competitive. It added sales representatives and expanded its product lines to provide customers a differentiated offer at a time when they needed easy access to a broad array of maintenance, repair and operations products. Meanwhile, some of the smaller players in the industry have exited the industry due to a higher sensitivity to economic conditions. For more information, visit IBISWorlds Online Industrial Supplies Sales in the US industry report page.
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IBISWorld industry Report Key Topics
This industry sells industrial supplies primarily at the wholesale level where the majority of customers are manufacturers, contractors, warehouse operators and government entities. These products include abrasives, electrical products, tools and hydraulics. Some firms also provide industrial services. The industry does not include the online sale of industrial equipment, such as compressors, generators, power washers and scaffolding.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Personal Waxing and Nail Salons in the US Industry Market Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) February 16, 2012
The Personal Waxing and Nail Salons industry is looking sharp. Between 2007 and 2012, industry revenue rose at an average annual rate of 1.9% reaching $ 7.1 billion. Revenue gains have been led by a variety of product introductions, including matte nails, colored gel nails and threading, which have generated high growth for the industry. Given the industry’s discretionary nature, though, decreased disposable income during the recession resulted in a greater number of consumers substituting industry services with in-home products, says IBISWorld industry analyst Caitlin Moldvay. The result was a 1.7% revenue dip during 2009. Following this temporary decline, industry revenue has improved as consumers continued to demand affordable luxuries. During 2012, revenue is projected to grow as declining unemployment leads to greater disposable income among the industry’s target market.
Declining unemployment and increased disposable income will be the primary drivers of the industry’s growth because a greater number of consumers will be able to afford nail care and waxing services. According to Moldvay, “Nails-only salons will likely continue to diversify their service offerings to include services such as massages, facials and tanning.” This trend will mitigate revenue volatility as it expands the industry’s target market. Even in the midst of the recession, the number of nail and waxing salons continued to steadily rise. Between 2007 and 2012, the number of industry establishments increased at an average annual rate of 4.6% reaching 223,442 nail and waxing salons. The Personal Waxing and Nail Salons industry remains highly fragmented and characterized by a high share of non-employers. The largest companies in the industry are typically franchises, such as Regal Nails and European Wax Center.
Market share concentration within the industry is very low. The Personal Waxing and Nail Salons industry is highly fragmented; operators are spread across many locations to be close to key consumer markets in high-traffic locations. This trend makes it difficult for one company to service a large portion of the entire market. Industry concentration has remained steady over the past five years. Although the industry’s largest players have expanded and added locations, new salons continued to enter the industry throughout the five-year-period. From 2007 to 2012, IBISWorld estimates the number of enterprises in the industry will increase an average 4.6% per year to reach 222,894 companies. For more information, visit IBISWorlds Personal Waxing and Nail Salons report in the US industry page.
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IBISWorld industry Report Key Topics
This industry comprises salons that primarily offer non-surgical hair removal through body waxing and nail care services. This industry does not include companies that primarily offer hairstyling or training in cosmetic arts, nor does it include electrolysis, permanent makeup or tanning services.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Pre-Primary Education in the UK Industry Market Research Report now updated by IBISWorld
London, United Kingdom (PRWEB) May 13, 2012
Pre-primary education centres have found themselves under increasing pressure over the past few years as demand for nursery places has slowed and government funding for under-fives education has stagnated. According to IBISWorld industry analyst Ee Jen Lee, rising unemployment has eroded the ability of families to pay for pre-primary education and reduced the need to outsource care. Parents who have lost their jobs or are working reduced hours now have more time to care for young children. Over the five years through 2012-13, industry revenue is expected to increase by an annualised 0.4%, to

