Facial Care Market to Exhibit 6.90% CAGR 2013-2019; Naturally Sourced Facial Care Formulations to Rise in Demand in Asia Pacific Facial Care
According to Transparency Market Research, the moderately consolidated Asia Pacific facial care market is dominated by L'Oreal S.A., Shiseido, and Unilever plc. These three cosmetics giants collectively accounted for 38.5% of the market in 2012, with L'Oreal leading the pack. L'oreal's strategy is centered on acquisitions of local players and their subsidiaries, and has paid off handsomely in the last few years. The French cosmetics giant is expected to remain the dominant player in the Asia Pacific facial care market...
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