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Asia-Pacific Skin Care: High Margins Fuel Sales

by June 24th, 2002

With sales amounting to US$11.2bn in 2001, the Asia-Pacific region scoops the lion’s share of skin care sales globally, accounting for over 37% of the overall market. Following the economic repercussions of the Asian financial crisis of 1997-1998, the region’s sales of all personal hygiene and cosmetic articles have made a strong recovery, although suffered a 3.5% decline last year due to economic recession in Japan.