How much attention we do pay on our looks; companies also pay attention on their income from cosmetics products. Don't laugh chum, it's correct. And that is the reason some corporations have ruled the cosmetics market from years. Several years have been passed, but some firms have not slid even an inch from their places.
In the current day's article, we'll take a look on the worldwide 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 financial advisor. Umm, you do not like finance? Me as well. But these figures are actually so dazzling that you will love this theory of finance. Of course , beauty matters!
Given below are the key segments of this powerful money report:
Worldwide cosmetics market is worth $35 billion, according to a 2010 report. It expanded from a growth rate of 4% since 2006-2010, and continues to grow. It implies that by 2015, it may be worth $42 bln. Face make-up is the fastest growing segment in this category with a valuation of $12 bln.
According to same study, hair care market was worth $49 billion in 2010. It had a rate of growth of 3.5% between 2006 and 2010. The swiftest growing segment was shampoo which was worth $19 bn.. According to analysts, by 2015 it may go up to $58 bill.
The worldwide bath and shower market was worth $11 bill in 2010. The speediest growing segment was shower products which had covered nearly 70% with a value of $7.5 bill. It was enjoying a rate of growth of 3.5% since 2006-2010, meaning that this it may go up to $13 bill until 2015.
Now have a look on the state of regional markets:
US: The market went a little bit down during the murdering times of recession, but quickly picked in 2010 with a growth rate of 3% and a valuation of $36 bln. The most valuable and cash generating segments are hair care and skin protection.
Chinese: According to a study report supplied by RNCOS, China's cosmetics and toiletries market will get a record growth of 12% till 2014. Major firms like L'Oreal will continue to lead. The most cash giving portion of the will be skin treatment.
Indian: India's make-up market had a valuation of $9.5 bill during 2010. Online retailing and consumer awareness has given a rapid expansion to it.
In the current day's article, we'll take a look on the worldwide 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 financial advisor. Umm, you do not like finance? Me as well. But these figures are actually so dazzling that you will love this theory of finance. Of course , beauty matters!
Given below are the key segments of this powerful money report:
Worldwide cosmetics market is worth $35 billion, according to a 2010 report. It expanded from a growth rate of 4% since 2006-2010, and continues to grow. It implies that by 2015, it may be worth $42 bln. Face make-up is the fastest growing segment in this category with a valuation of $12 bln.
According to same study, hair care market was worth $49 billion in 2010. It had a rate of growth of 3.5% between 2006 and 2010. The swiftest growing segment was shampoo which was worth $19 bn.. According to analysts, by 2015 it may go up to $58 bill.
The worldwide bath and shower market was worth $11 bill in 2010. The speediest growing segment was shower products which had covered nearly 70% with a value of $7.5 bill. It was enjoying a rate of growth of 3.5% since 2006-2010, meaning that this it may go up to $13 bill until 2015.
Now have a look on the state of regional markets:
US: The market went a little bit down during the murdering times of recession, but quickly picked in 2010 with a growth rate of 3% and a valuation of $36 bln. The most valuable and cash generating segments are hair care and skin protection.
Chinese: According to a study report supplied by RNCOS, China's cosmetics and toiletries market will get a record growth of 12% till 2014. Major firms like L'Oreal will continue to lead. The most cash giving portion of the will be skin treatment.
Indian: India's make-up market had a valuation of $9.5 bill during 2010. Online retailing and consumer awareness has given a rapid expansion 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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