Euromonitor International, 2006 saw the highest growth in the global cosmetics and toiletries market in the last five years, with developing regions such as Latin America and Eastern Europe leading the charge and the fragrances sector making a surprise comeback." /> Euromonitor International, 2006 saw the highest growth in the global cosmetics and toiletries market in the last five years, with developing regions such as Latin America and Eastern Europe leading the charge and the fragrances sector making a surprise comeback." /> Euromonitor International, 2006 saw the highest growth in the global cosmetics and toiletries market in the last five years, with developing regions such as Latin America and Eastern Europe leading the charge and the fragrances sector making a surprise comeback."> Global C&T Sales Reach Five-year High | GCIMagazine.com mobile Global C&T Sales Reach Five-year High | GCIMagazine.com

GCI Magazine

Regions Sponsored by

Email This Item!
Increase Text Size

Global C&T Sales Reach Five-year High

By: Euromonitor
Posted: April 19, 2007
In 2006, cosmetics and toiletries value sales were up 10.7% in both Latin America and Eastern Europe, compared to growth of 3.2 % in Western Europe and just 3% in North America. Key markets in Asia Pacific also performed strongly, with Euromonitor International reporting 10.8% growth in China, for example. Sales of cosmetics and toiletries at a world level grew by a strong 5.5% in 2006, marking a five year high for the industry. While this positive performance was the result of a combination of mega trends, such as a worldwide rise in consumer spending power and increasing consumer interest in health and appearance, it was the rapid development of the cosmetics and toiletries market in emerging regions in 2006 that provided the bedrock for global growth, according to Euromonitor International.

For more information, read cosmetics and toiletries research from Euromonitor International.