Though slowing.


Though slowing, year-on-year vegetation rates in the global cosmetics and toiletries industry have been positive to date. Last year the world market for cosmetics and toiletries (C&T) was valued at US$201 billion, up 48% from 2002 (in fixed exchange rate terms) C&T has had a tough leash of years, with a marked slowdown in product After weaker sales performance in 1997 and 1998 becoming to the Asian, Russian and Brazilian crises, when spending forward non-essentials was reduced and consumer traded down to cheaper issues early growth occurred largely as a deduction of renewed consumer confidence in these regions.


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