The Associated Chambers of Commerce and Industry of India (ASSOCHAM) says that rapidly changing socio-economic conditions there could see the market for cosmetics double by 2014.
Consumers are familiar with the gut health claims attached to probiotics but now ‘friendly bacteria’ is joining the growing band of ingredients to embark on the journey from food to cosmetics, according to beauty trend analysis from Mintel.
Low costs, a large consumer base and a thriving economy look set to
ensure that the Brazil cosmetics market will continue its strong
growth, analysts believe.
A new testing centre for cosmetic products and ingredients has been
opened in Bangkok by Dermscan Asia, in order to meet the demands of
this growing market.
If current economic conditions prevail, the cosmetics market in
Poland should experience steady growth, market analysts predict.
But the issue of tax on personal care products remains a
significant hurdle to overcome.
