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CAGR of 9.6% through 2023, says GlobalData.
April 24, 2019
By: TOM BRANNA
Editor
The Asian beauty market is bigger than China…much bigger. Fuelled by positive economic growth supported by heavy manufacturing investments, the cosmetics & toiletries industry in Indonesia is expected to grow at a compound annual growth rate (CAGR) of 8.4% from Rp70.3 trillion ($5 billion) in 2018 to Rp105.1 trillion ($7 billion) by 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, Country Profile: Cosmetics & Toiletries in Indonesia, reveals th...
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