Packaging for cosmetics in skincare industry
2014-08-22 11:40:00
Categories：Industry News News Center
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release time：2014-08-22 11:40:00
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As the biggest region for cosmetic tubes sales all over the world with revenue of $122 billion in 2012,Asia Pacific is followed by Western Europe.Japan,along with China, South Korea, India, and Thailand is the top five countries in it.
Leader Japan saw its beauty sales decline by 5% from 2007-2012 to reach $47.3 billion. India’s beauty market grew by 110% during the same time period but from a very small base to reach $8.9 billion.China, the second biggest market drove growth in the region with 68% to $32 billion in 2012.
More women with paid jobs living in cities and a growing 50+ population change into strong demand for beauty products. Skin care in China benefited from these trends and grew by 88% from 2007-2012 to reach $12.8 billion.
Demographics and pop culture are boosting sales of men’s skin care in South Korea. Due to cultural factors favouring boys over girls, the male-female ratio for the 20-29 age group was 53% men and 47% women in 2012.
Demand for skin care was strong throughout Asia. Sales of skin care, Asia’s largest beauty category, grew by 27% from 2007-2012 to reach $45 billion. Anti-agers drove skin care sales, growing by 61% to reach $9.1 billion. Facial moisturizers, the biggest skin care category in Asia Pacific, grew by 22% in 2012 to reach $15.6 billion.
The increasing skin care demands will certainly boost the packaging for cosmetic industry.
