BRANDS NEED TO BUILD INSIGHT INTO SOUTH ASIA’S EMERGING BEAUTY PRODUCT MARKETS TO SCORE SUSTAINED INCREASED SALES
September 1st, 2019
COSMETICS companies serving the south Asia market may grumble that they are facing challenges, but the reality is the region’s emerging markets offer growth rates that can only be dreamt of in richer countries.
India’s beauty and personal care product market is a case in point. According to Uttar Pradesh-based Goldstein Research, the industry generated annual sales of USD11.16 billion in 2017. And while it is forecast to grow at a compound annual average rate of 5.91% during 2017-2025, it is currently struggling to grow sales at this rate due to a general ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.