International skincare market set for growth
The global skincare market is set to see a healthy growth rate from 2011 to 2017, according to new research. This growth will be fuelled be innovative product offerings, increased disposable incomes and higher market penetration. The report from Transparency Market Research, titled Global Personal Care Market Analysis and Forecast, 2011-2017, contains market forecasts for personal care product segments including skincare, make-up, personal hygiene, deodorants, bath and shower, fragrances, haircare and oral hygiene. The skincare market has witnessed healthy growth over the last few years and this is set to continue. Developing economies are also witnessing robust growth rate and seeing an increase in usage of personal care products.
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