Hello again Kirkm,
Below you will find the information I mentioned previously. Sources
for each piece of information will be provided.
The U.S. lip care market is worth $299.4 million
Source:
Packaged Facts
Market Trends: Sun Care and Lip Care Products
Published: September 1, 2005
126 Pages
http://www.packagedfacts.com/product/display.asp?productid=1097889&kw=&CatReturnURL=&SearchReturnURL=&view=toc
41.3 million Hispanics in the United States = 14%
?The estimated Hispanic population of the United States as of July 1,
2004, making people of Hispanic origin the nation?s largest race or
ethnic minority. Hispanics constituted 14 percent of the nation?s
total population. (This estimate does not include the 3.9 million
residents of Puerto Rico.)?
Source: U.S. Census Bureau
Public Information Office
September 8, 2005
http://www.census.gov/Press-Release/www/releases/archives/facts_for_features_special_editions/005338.html
From the Association of Hispanic Advertising Agencies:
?Hispanic households use more Health & Beauty care products than
non-Hispanic households requiring resource allocations for sales,
marketing, advertising, promotions, public-relations, events and
sponsorships 50-100% higher than their actual representation of
Spanish and bilingual households in those markets, or about $1 of
every $3-$4.?
SP/Eng HH?s as % of Total HH?s 15%
Hair mousse, gel 31%
Nail polish 24%
Deodorant 23%
Shampoo 22%
Toothpaste 22%
The Right Spend II:
March 28, 2003
Association of Hispanic Advertising
(page 18)
Download here
http://www.ahaa.org/research/RightSpend_PP_pub.pdf
The Association of Hispanic Advertising Agencies provides other
informative reports.
Download here:
http://www.ahaa.org/research/Research.htm
Search terms:
Hispanic OR U.S. lip care products market million OR billion
Hispanic population in the United States
Penetration beauty OR health OR lip care products Hispanic
I hope the information provided is helpful!
Best regards,
Bobbie7 |