BW Confidential: Skincare—A Global View
Skincare continues to see good growth, said BW Confidential in a recent report, driven by emerging Asian markets and the rise of the Chinese traveler, which is fueling travel-retail sales and increased investment in the category by major companies. Globally, facial skincare sales rose 4.9% to $78.33 billion, according to Euromonitor. Asia Pacific, which saw sales increase 5.9%, now accounts for around 50% of the market and China has overtaken South Korea as the largest country for skincare in Asia.
BY Aubree Mercure | PUBLISHED September 13, 2012
This content is exclusively open to CEW Members
Join CEW for unlimited access to articles, industry reports, and more.
Benefits include:
- Invitations to members-only industry events
- Connect with 9,000+ industry contacts globally
- CEW Beauty News & proprietary trend reports
- Exclusive networking opportunities
Sign Up
Already a CEW Member? Log In
