News & Analysis on Cosmetics Innovation
The global skin care market is predicted to be worth $44.8bn by 2010, driven by an aging population, growing consumer affluence and the increasing importance of the emerging markets, according to a report by Global Industry Analysts.
Flavour and fragrance supplier Symrise has reported positive 2007 results thanks to a focus on fast-growing segments and regions.
Boosted by strong domestic growth for personal care, Indian company Anchor Health and Beauty Care says it will be eyeing global soap and toothpaste brands as a key to further expansion.
The continued growth in male grooming products, combined with the development of emerging markets is helping to further grow the world market for shaving products.