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In India, Indonesia and China, the growth is a direct result of the growing purchasing power of consumers

2018-03-10 23:22:04

In India, Indonesia and China, the growth is a direct result of the growing purchasing power of consumers. Over the period 2011-2016 one can clearly notice how developed regions were slowing down in growth, whereas developing regions—especially Asia Pacific—were rapidly growing and expanding with cosmetic packaging. This proved especially true for oral care, hair care and skin care packaging, according to Euromonitor.

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