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Skin Care, Online Retail, BRIC Markets Will Drive Growth In Men's Grooming Market, Euromonitor Says

September 19, 2012: 12:00 AM EST
Men's grooming products accounted for 8 percent of the world's $33 billion beauty and personal care market in 2011, according to Euromonitor Nicole Tyrimou's presentation at the 2012 Beyond Beauty event in Paris. Tyrimou also said that skin care, the BRIC or Brazil, Russia, India, and China markets, and online retail are key to "unlocking" the men's grooming market. For example, the men's toiletries segment is forecast to grow over $3 billion in 2011–2016, while the BRIC markets will drive growth in the men's grooming market.
Katie Nichol, "Euromonitor reveals keys to unlocking lucrative men’s grooming market", Cosmetics Design, September 19, 2012, © William Reed Business Media SAS
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