Skin Care: The Powerhouse of Beauty
The global skin care market has continued its strong performance in beauty and personal care during 2011, showing no sign of a slowdown. Despite both Japan and China’s economies having a difficult year, Asia Pacific continued its dominance in premium facial care, while Western Europe held on to its lead in body care. While Japan leads in both per capita spending and in sales, China is quickly catching up, with over 40% of skin care absolute growth by 2016 expected to come from China.
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