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Beauty Industry

Cosmetics Market To Grow in Singapore

A new report focuses on the areas of market growth for the country.

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By: Jamie Matusow

Editor-in-Chief

According to the latest research study, “Singapore Cosmetic Market Forecast to 2017”, by RNCOS, Singapore is emerging as the favorite destination among the Southeast Asian countries for global cosmetic players with high spending on cosmetic products.

The cosmetics market in Singapore is anticipated to grow at a CAGR of around 4% during 2013-2017.

Rising beauty concerns among both men and women are fueling this growth, along with the entry of new cosmetic brands and launches. Plus, the rising influence of international brands is also a contributing factor.

The 65-page report covers the cosmetics industry in Singapore terms of market size, major segments including skincare, fragrance, haircare and color cosmetics. It includes sections on: Singapore Men’s Grooming Market Gaining Momentum; Online Cosmetics Buying – A Growing Trend in Singapore; International Brands Looking to Expand their Operations in Singapore; Skin care segment leading the Singapore cosmetics market.

The report also covers potential growing markets including hair & beauty salon market, spa industry and cosmetic surgery. There are also profiles of key players, including L’Oreal, Procter & Gamble, Shiseido, Beiersdorf, Estee Lauder, and LVMH.

A free sample of this report is at: http://www.rncos.com/Report/IM619.htm

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