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Lack of Noteworthy Launches Stifles C&T Market

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By: TOM BRANNA

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The cosmetics and toiletries market only grew 2% in 2002, the second consecutive year of low single-digit growth after averaging roughly 5% annually over the previous five years, according to data recently released by Kline & Company, Little Falls, NJ. Executives said that while some blame the stalled U.S. economy, this is only one factor contributing to sluggish growth.“Over the past few years, there has been a real lack of big product launches in all the C&T categories,” ...

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