The material selection platform
Cosmetics Ingredients
The material selection platform
Cosmetics Ingredients

Cosmetics Industry Wrap Up for 2011

SpecialChem / Nick Morante – Jan 11, 2012

Wonderful things happened in the cosmetics and personal care industry in 2011, with a marked improvement over 2010. And this time companies can’t use the economy as an excuse for slow movement. Reports say that almost everyone did well in 2011. One of the main reasons for this is that the cosmetics ingredients industry is heading for a full recovery even into 2012 due to an increase in demand for new innovation by cosmetics product marketers. This should spark growth in both the European and US markets. The growth of the beauty industry on a global scale was fairly respectable, but some of the biggest movers seem to stand out. Brasil’s cosmetics industry is expected to show a 13% increase between 2011-2014. The Indian cosmetics market is also set for tremendous growth, at close to 18% while the Chinese Cosmetics market is expected to show a growth of about 12%.

Be the first to comment on "Cosmetics Industry Wrap Up for 2011"

Leave a comment

Your email address and name will not be published submitting a comment or rating implies your acceptance to SpecialChem Terms & Conditions
5th SpecialChem Annual Japan Conference - Digital Transformation in the Chemical Industry
Back to Top