New PCPC report highlights economic contributions of US beauty industry



The Beauty of Impact Key report takeaways from PCPC President

The Personal Care Products Council (PCPC) new report, “The Beauty of Impact,” utilizes the most recent data available (from 2022) to highlight the cosmetics and personal care product industries’ role in “in job creation, economic growth, scientific advancement, sustainability and community support,” as described by the PCPC. 

In a press release announcing the report’s release, PCPC President and CEO Thomas Myers shared, “On every measure, our industry is thriving and contributing to the US economy while serving as an agent for positive change for people and the planet.” We spoke to Myers for his insights into the key takeaways from “The Beauty of Impact” for cosmetics and personal care product manufacturers and suppliers.

Critical insights

The report first provided detailed state and metropolitan area breakdowns demonstrating the areas where the beauty industry has had the most significant economic and social impacts.

While “at the state and local levels, the cosmetics and personal care products industry continues to be a dynamic force, positively impacting every state’s economy,” said Myers, the top five states in 2022 according to the report were California with 590,190 jobs generating $27.4bn in labor income, Texas with 412,170 jobs generating $16.1bn in labor income, Florida with 347,950 jobs generating $13bn in labor income, New York with 273,020 jobs generating $14.5bn in labor income, and New Jersey with 214,810 jobs generating $12.7bn in labor income.

Further insight into these results revealed that “the industry is especially prominent in the New York metropolitan area and Los Angeles,” said Myers. “In the greater New York area, the cosmetics and personal care products industry directly and indirectly generated $11.8 bn in labor income and 193,450 jobs,” he explained, “while the Los Angeles area benefited from $5.9 bn in labor income and 128,530 industry-supported jobs.”



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