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Asia Drives Growth In Worldwide Men's Skincare Market, Report Says

October 6, 2012: 12:00 AM EST
The Asia-Pacific region accounted for almost 60 percent of worldwide sales of men's skincare products, a rapidly expanding segment of the $33 billion male grooming industry, according to Euromonitor International. Data shows men in China, Japan, and South Korea are the region's biggest spenders on skincare products. Also, men in Asia and Brazil are spending more on skin care, and are likely to overtake the United States as the world's largest market in three years. Euromonitor also reported that the global market for male grooming products grew at an average annual rate of 6.0 percent for the past five years, leaving plenty of room for growth.
"Asia drives sales of men's skincare products", AFP/ Google, October 06, 2012, © AFP/ Google
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