Asian beauty market projected to be worth US$170b by 2019

Halal products seen gaining traction while consumers in general are getting more brand promiscuous

Published Thu, Aug 25, 2016 · 09:50 PM

Singapore

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).

It was phase two of ACI's roundtable sessions for its 2016 Asia Business Series, which explores how Asian consumers might behave, think, and live over the next …

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