4% growth forecast for Singapore’s cosmetics market
Published
30th Sep 2013
The cosmetics market in Singapore is set to grow by an annual compound growth rate of 4% until 2017, according to a new study.
The Singapore Cosmetic Market Forecast to 2017 report from RNCOS Industry Research Solutions found an increased focus on beauty and personal appearance to be generating healthy figures for the city-state’s cosmetics market.
The report, which looked at segments including skincare, cosmetics, hair care and fragrances, also highlights trends such as online beauty purchases and the growth of the male grooming market as key market trends.
The report predicts significant industry opportunities for both new and existing brands in the Singaporean cosmetics market.
