Personal Care Products - the Dark Horse During Recession

At a time when sales of products acrossseveral factors.
industries are struggling to keep up with their pastThe first is of course the holiday season and
records, some industries such as personal carefestivities, when people spend on gifts,
products appear to have shown resilience despitedecorations, partying, etc. Experts think that this
hostile economic trends.Christmas many people bought skin and personal
A look at the U.S. Department of Commercecare products as cheaper alternatives for more
stats show that most industries are up againstexpensive gift items. Further, many retailers came
some really rough weather. The whole of theup with huge and attractive discounts, which
industry recorded a decline of 3.1% in sales whenalmost forced consumers to spend on personal
compared to the numbers from last year. And ifcare items. Whatever the reasons, in the end all
you consider the retail sales figures alone thenof it did boost the sales.
December of 2008 has been pretty bad with theWorld over, the performance of different retail
sales falling by 2.7% to US $343.2 billion. Thesesectors has been pretty dismal. For instance,
numbers are pretty scary because they areaccording to the British Retail Consortium statistics
worst ever since the early 1990s.the month of December 2008 has been the
Despite the falling retail sales figures the personalworst in the past 14 years, with the sales
care products registered a rise in sales of 5.65%declining by 3.3 percent when compared to the
to US $20.92 billion for December 2008, whenactivities of the previous year.
compared with the December 2007 data.All in all the personal care industry sales in the US
Some reasons behind the risefared better than most other industries and also
At the same time experts attribute the increaseit's own kind, when pitted against the sales data
in sales activity for personal care products tofrom other parts of the world such as the UK.