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Indonesia To Join World's List Of Top 10 Skincare Markets By 2019, Analyst Says

April 21, 2015: 12:00 AM EST
Indonesia is expected to become one of the world's top 10 markets for skincare products by 2019, according to Cosmetics Design global head of beauty Irina Barbalova. With emerging markets failing to make double-digit growth for the first time in 2014, international beauty firms are forced to look at other markets, including the Middle East and Indonesia. Global sales of skincare products are forecast to be more than $130 billion by 2019, with the segment accounting for a third of total beauty sales worldwide.
Michelle Yeomans, "Indonesia's beauty market among 'new growth hot spots'", Cosmetics Design , April 21, 2015, © William Reed Business Media SAS
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