Toiletries and Cosmetics The toiletries pains manufactures the worlds perfumes, cosmetics, shampoos, and related personal toilet preparations. reportage of general soap and detergent manufacturing may be put up under the heading Soaps and Detergents earlier in this chapter. Industry Snapshot otherwise major industry centers have developed in such areas as Hong Kong and Singapore. Cosmetics and toiletries product consumption in the Asia-Pacific region is skewed towards skin safekeeping. In a September 1996 article in the trade journal Drug and Cosmetic Industry, Jeffrey Smith storied that the average person in Japan spends US$61 per year in skin care products--the highest per capita skin-care spending in the world. Some industry analysis suggests that mainland China is poised to be the leading cosmetics and toiletry marketplace in the world. In severalise to the United States and Europe, where the markets are saturated and growth is slow, in China the average annual growth rate in the industry from 1990 to 1996 was 34.9 percent. AsiaInfo Services reported that 1995 Chinese cosmetic sales were RMB11 billion, and that dactyl was predicted to reach RMB50 billion in 2000 (about US$6 billion).
Nonetheless, lento prognostication is elusive--its estimated that up to 70 percent of Chinese purchases may be on the black market, which makes it hard to track. Other shining markets are Latin America and India. Overall, the cosmetics and toiletries market in Latin America grew 56.5 percent from 1992 to 1996, with the latter years sales at US$12.9 billion. In Brazil alone, the regions largest market, the cosmetics and toiletries market in 1996 resulted in US$6.95 billion in sales and the rudes cosmetics and toiletries industry had a 1992-96 growth rate of 137.5 percent, according to Euromonitor. In all of Latin America, hair care is the largest segment, with deodorants and oral care also performing well. The fastest-growing segment is mens toiletries. In India, some other fast-emerging... If you want to get a full essay, order it on our website: Ordercustompaper.com
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