Considerable increase at cosmetics and toiletries

According th new research of Euromonitor, the global cosmetics and toiletries market is experiencing very strong sales growth.

Sales of
cosmetics and toiletries at a world level grew by a strong 5.5% in 2006,
marking a five year high for the industry. In 2006, cosmetics and toiletries
value sales were up 11% in both Latin America and Eastern Europe, compared to
growth of 3% in Western Europe and North America. Key markets in Asia Pacific
also performed strongly, with Euromonitor reporting 11% growth in China. The
company forecasts that by 2011 the Asia Pacific cosmetics and toiletries market
will nearly equal that of Western Europe in value sales.