Asian beauty market projected to be worth US$170b by 2019
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BY 2019, the Asian beauty and personal care market will be worth US$170 billion - over a third of the global market. And it's thanks to the rapidly expanding middle class with access to disposable income that have bolstered sales of cosmetics, anti-ageing creams, and skin whitening and hair care products.
This was highlighted on Thursday at a roundtable session, "Know your consumer: The changing face of Asian beauty", presented by the Institute on Asian Consumer Insight (ACI).
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