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Asia Pacific Accounts For Over A Third Of Anti-Aging Beauty And Personal Care Products In 2016

July 20, 2017: 12:00 AM EST
In 2016, 37 percent of new anti-aging beauty and personal care products were launched in the Asia Pacific region, up from 28 percent in 2014, according to Mintel. Data from the market research firm report, Mintel Global New Products Database, revealed the region is second only to Europe, which accounted for 40 percent of product launches. South Korea and Japan accounted for 23 percent each of total product launches in the APAC region, with China ranking third with 22 percent. Thailand and India, with 7 percent and 6 percent, respectively, round up the top 5 markets in Asia for product launches.
"Over one third of the world’s anti-ageing beauty and personal care products were launched in Asia Pacific in 2016", Mintel, July 20, 2017, © Mintel Group Ltd.
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