Released on: October 14, 2008, 10:22 pm

Press Release Author: Aarkstore.com

Industry: Consumer Services

Press Release Summary: The Japanese cosmetics market is in a stable condition but
with continuous realignment of distribution channels, all cosmetics producers need
to enhance and restructure the management of their sales channels. Specialty stores
are the leading channel due to consumer convenience and low prices while sales
through department stores is slowing down. Shiseido, Kao (and Kanebo), Kose, and
Pola dominate the cosmetics market in Japan.

Press Release Body: Chinas cosmetics market, the second largest in Asia Pacific
after Japan, is witnessing increased demand due to improving lifestyles and rising
disposable income of the Chinese population. However, the level of development of
the market is still very low. This suggests a huge growth potential for foreign
cosmetic producers. Although several domestic firms are present, foreign companies
dominate the market. LOreal has the largest market share in China.

South Korean cosmetics market is growing at a faster rate than developed regions.
There is a clear trend of the market heading towards premium cosmetic products. The
younger populace is looking for general skin care and hair care products while the
older generation has more specific needs for their cosmetics products. Another
notable trend is the rising demand of the male consumer segment. Amorepacific and LG
H&H, the leaders in the Korean cosmetics market, have transformed traditional stores
into their self-owned retail channels.

India is being targeted by global cosmetic giants due to its favorable demographics.
The modern, urban Indian women are becoming increasingly conscious about their style
and looks, with great emphasis on lightening of skin tone. Skin care and color
cosmetics have witnessed solid growth for the last few years, with more than half of
the skincare market comprising of skin lightening creams. Lip products form a
majority of the color cosmetics market. In India, small pack sizes are very popular
as they offer a lower cost and the chance to try new products. Hindustan Unilever is
Indias largest cosmetics company, followed by LOreal.

Skin care products dominate the Taiwanese market, followed by color cosmetics and
hair care products. In Singapore, sun care products and mens grooming product has
been the growth engine. In Thailand, skin care products and perfumes lead the
market. In Vietnam and Indonesia, domestic cosmetic producers cater to the middle
and low-end market segment while imported cosmetics dominate the upper strata of the
market.

This report analyzes the cosmetics market in Asia, with focus on Japan, Korea,
China, India, Taiwan, Singapore, Thailand, Vietnam and Indonesia. It analyzes the
market value, competitive landscape and market trends in each of the major regions.
The report also profiles the top cosmetic companies, with a discussion of their key
business strategies.

Web Site: http://www.aarkstore.com/report.asp?reportid=695

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