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Article: Grooming products for men.
- Article from:
- Market Asia Pacific
- Article date:
- August 1, 2006
CopyrightCOPYRIGHT 2006 Media Contact Resources, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A global cosmetics retailer was cited as the source for the statistic that worldwide, grooming products for men were growing at the annual rate of 25 percent.
The market research firm Euromonitor International recently published a report on grooming products for men in the Australia, New Zealand markets saying that when compared with 2001 market totals the report showed an increase of 46 percent for Australia and 54 percent for New Zealand. This works out to be an average annual rate of growth of 9.2 percent for Australia and 10.8 percent for New Zealand.
The is well below the worldwide annual rate cited above. But the numbers are nonetheless significant ...