Emerging markets boost global cosmetics and toiletries sector
The continued rise of online distribution channels, the on-going move towards relocating production to emerging markets and the growing interest in natural and organic products are three key trends in the global cosmetics and toiletries market, according to a recent report.
The Global Cosmetic Market and Toiletries Market Analysis and Forecast 2011-2017, pinpoints the outsourcing of production to less expensive Asian nations, such as India and China, as one of the main reasons behind the international cosmetics and toiletries industry’s ability to recover from the financial crisis.
Read the full article on page 7 of the June issue of the Professional Spa and Wellness digital magazine for FREE here, or access the digital magazine by selecting your chosen platform here.