The growth rate of beauty and personal care in China is just shy of 10% in 2012, which is the second time in two decades that China’s growth had dropped to single digits. On the other hand, India’s retail spending on beauty and personal care rose by 18% in 2012 -equivalent to $1.4 billion of growth in absolute terms.
Emerging economies accounted for nine of the top 10 growth markets for mass products in 2012; the U.S. was the only developed country in that group.
Last updated: July 10th, 2024
