EASTERN EUROPE BIOCOSMETICS SUB-SECTOR IS KEY GROWTH AREA
January 1st, 2014
EASTERN and central Europen markets for biocosmetics are a key growth area for personal care product companies, with some markets growing and others relatively untapped.The region’s largest country, Poland (38 million people) is witnessing sales of bio-cosmetics surging at rates of 10% to 30% annually, according to producers and distributors. That compares to the overall cosmetics market where retail sales have grown by 2.5% over each of the past two years and are expected to grow by 3% this year, according to market research firm Euromonitor ...
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