JAPAN PERSONAL CARE PRODUCT GROWS THROUGH EXPORT BOOM
August 1st, 2018
Japan’s personal care sector experienced continued growth in 2017, with shipments surpassing Japanese Yen JPY1.6 trillion (USD14.34 billion) during the year to record a new record high. Virtually every sector recording an increase in sales on the previous year. Figures for the January-April period of 2018 suggest that this positivity is being carried over into this year, boding well for Japanese personal care product companies.
Domestic demand has been stable thanks to an improving economy and the release of a number of innovative new products, analysts say. ...
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