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Asia Remains a Cosmetics Industry Growth Engine

In-Cosmetics Asia set for Oct. 13-15 in Singapore

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By: TOM BRANNA

Editor

The International Monetary Fund predicts that Asia will continue to be the fastest developing region in the global economy this year, with local emerging markets peaking at 5% growth. The cosmetics and toiletries industry in the Asia Pacific region stood at $74.2 billion in 2008 (retail value) and market research company Euromonitor is forecasting 5% growth in 2009 plus a further 5% increase in 2010. With five months to go before In-Cosmetics Asia (Oct. 13-15), traffic to in-cosmeticsasia...

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