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C&T rallies in economic recovery: the global cosmetics and toiletries market expands in key growth markets, the Ukraine, Romania and Russia, as the U.S. and Western Europe struggle, and skin care, color cosmetics and fragrance comprise the key growth products

Though slowing, year-on-year increase 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 two of years, with a marked slowdown in development After weaker sales performance in 1997 and 1998 owed to the Asian, Russian and Brazilian crises, when spending upon non-essentials was reduced and consumer traded down to cheaper yields early growth occurred largely as a rise of renewed consumer confidence in these regions.


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