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Personal Care Is ‘Significant Pillar’ Of US Economy – PCPC’s ‘Beauty Of Impact’ Report

 
• By Eileen Francis

The Personal Care Products Council’s "Beauty of Impact, Economic & Social Contributions Report 2024" illustrates the strength of the US personal-care industry, which added $308.7bn to gross domestic product and accounted for 4.6 million jobs in 2022.

• Source: Shutterstock

The personal-care products industry remains a “significant pillar” of the US economy, generating sales of $210.6bn in the most recent reporting year of 2022 – up 11.5% since 2018 – and adding $82.3bn in federal, state and local taxes, the Personal Care Products Council says in a new report.

In “The Beauty of Impact, Economic & Social Contributions Report 2024,” the Washington, D.C.-based trade group also reveals that industry...

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• By David Ridley

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Beauty Exec News: P&G Taps Global Personal Care Head, Lauder Creates Digital Marketing Position

 
• By Eileen Francis

P&G appoints long-time company executive Freddy Bharucha to lead its global Personal Care business, while the Estee Lauder Companies creates a new chief digital and marketing officer role.