Health and personal care stores (NAICS 446191) industry trends
The health and personal care stores industry includes pharmacies and drug stores, cosmetics, beauty supplies, and perfume stores, optical goods stores and health food supplement stores. Pharmacies and drug stores sell prescription or nonprescription medicines. Cosmetics, beauty supplies and perfume stores sell items such as cosmetics, perfumes, toiletries and personal grooming products. Optical goods stores sell and fit prescription eyeglasses and contact lenses as well as nonprescription glasses. Food supplement stores sell vitamins, nutrition supplements and body enhancing supplements. Additionally, this industry includes hearing aid stores, convalescent supply stores and prosthetic stores.
The Census Bureau’s most recent data indicates that there are approximately 88,452 stores within this industry. The majority of stores within this industry are pharmacies and drug stores.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 5.24 percent. During this time, the average gross profit margin was 34.60 percent.
The graph below shows business statistics for the average company in the health and personal care stores industry.