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Industry News

Japans facial skin care sector to grow 4.6% over next five y

Source:NetWork Author:Jafon makeup brushes factory Addtime:2014-05-26 Click:

Japan is set to see skin care sales soar through to 2017, according to the latest data from Canadean.

The skin care sector is predicted to experience a value CAGR of 4.6% through to 2017, which Canadean says can be partially put down to the recovery of consumer spending in the country following the 2011 Great Sendai earthquake.

Within the skin care category, facial skin care in particular has proven popular among consumers in Japan, with the sub-category accounting for a value and volume share of 68.6% and 70.4% respectively in 2012. Facial skin care is also expected to grow by a value CAGR of 5.1% and volume CAGR of 3.3% through to 2017.