How much attention we do pay on our looks; companies also pay attention on their money from cosmetics products. Don't giggle mate, it's right. And that is the reason why some corporations have ruled the cosmetics market from years. A few years have been passed, but some corporations have not dropped even an in. from their places.
In today's article, we'll take a look on the world beauty products industry, but this time not from the point or view of a general client. This time we're going to see from the eyes of a finance counsellor. Umm, you don't like finance? Me as well. But these figures are really so fantastic that you'll love this theory of finance. After all , beauty matters!
Given below are the key segments of this powerful money report:
Worldwide cosmetics market is worth $35 bill, according to a 2010 report. It expanded from a growth rate of 4% since 2006-2010, and carries on growing. It implies that by 2015, it may be worth $42 bill. Face make-up is the quickest growing segment in this group with a valuation of $12 bln.
According to same study, hair care market was worth $49 bill in 2010. It was regarded as having a growth rate of 3.5% between 2006 and 2010. The swiftest growing segment was shampoo which was worth $19 billion. According to researchers, by 2015 it may go up to $58 bln.
The worldwide bath and shower market was worth $11 billion in 2010. The fastest growing segment was shower products which had covered nearly 70% with a value of $7.5 billion. It was enjoying a growth rate of 3.5% since 2006-2010, implying that this it may go up to $13 bn. until 2015.
Now take a look on the condition of regional markets:
US: The market went a bit down in the killing times of recession, but swiftly picked in 2010 with a rate of growth of 3% and a value of $36 billion. The most valuable and cash generating segments are hair care and skin therapy.
Chinese: According to a study report provided by RNCOS, China's cosmetics and toiletries market will get a record growth of 12% until 2014. Major firms like L'Oreal will continue to lead. The most revenue giving section of the will be skin therapy.
Indian: India's make-up market had a valuation of $9.5 billion during 2010. Online selling and purchaser awareness has given a rapid growth to it.
In today's article, we'll take a look on the world beauty products industry, but this time not from the point or view of a general client. This time we're going to see from the eyes of a finance counsellor. Umm, you don't like finance? Me as well. But these figures are really so fantastic that you'll love this theory of finance. After all , beauty matters!
Given below are the key segments of this powerful money report:
Worldwide cosmetics market is worth $35 bill, according to a 2010 report. It expanded from a growth rate of 4% since 2006-2010, and carries on growing. It implies that by 2015, it may be worth $42 bill. Face make-up is the quickest growing segment in this group with a valuation of $12 bln.
According to same study, hair care market was worth $49 bill in 2010. It was regarded as having a growth rate of 3.5% between 2006 and 2010. The swiftest growing segment was shampoo which was worth $19 billion. According to researchers, by 2015 it may go up to $58 bln.
The worldwide bath and shower market was worth $11 billion in 2010. The fastest growing segment was shower products which had covered nearly 70% with a value of $7.5 billion. It was enjoying a growth rate of 3.5% since 2006-2010, implying that this it may go up to $13 bn. until 2015.
Now take a look on the condition of regional markets:
US: The market went a bit down in the killing times of recession, but swiftly picked in 2010 with a rate of growth of 3% and a value of $36 billion. The most valuable and cash generating segments are hair care and skin therapy.
Chinese: According to a study report provided by RNCOS, China's cosmetics and toiletries market will get a record growth of 12% until 2014. Major firms like L'Oreal will continue to lead. The most revenue giving section of the will be skin therapy.
Indian: India's make-up market had a valuation of $9.5 billion during 2010. Online selling and purchaser awareness has given a rapid growth to it.
About the Author:
Keith Henderson owns of a beauty products blog. You will continue reading more engaging stuff about this topic on his homepage.
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