LATIN AMERICAN COSMETICS MARKET SURGES IN GLOBAL IMPORTANCE
May 1st, 2011
BY PACIFICA GODDARD
LATIN America is proving to be one of the most intriguing and exciting markets globally for beauty and personal care products. "The Latin American cosmetic market grew 20% in 2010, so now it is a market of US dollars USD64 million - almost as big as the north American market," said Mr Jaime Concha Prada, who recently served as president of CASIC, the Chamber of the Latin American Cosmetics Industry. "The market has almost tripled in size since 2000," he added.
According to Euromonitor International, in 2010 the total ...
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