New markets overtake growing BRIC potential

Published: 30-Oct-2013
Media

Euromonitor puts the spotlight on new growth markets


One in every two dollars spent in emerging markets is spent in Brazil, Russia, India and China, but markets beyond the BRIC countries offer stronger growth potential, according to Euromonitor.

The market researcher looked at the countries with the highest income per household rather than population size. At the head are the Arab states United Arab Emirates and Saudi Arabia while Chile, Turkey, Venezuela, Poland and Malaysia all have relatively high disposable incomes compared with China and India. Interestingly, Malaysia and Argentina were found to be almost on a par with Brazil.

See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Media

‘Natural’ and ‘hydrating’ are the top beauty product claims of 2019

Read more
Beauty and personal care products that carried ‘natural’ claims were observed on 3.3% of all online skus globally, while claims of ‘hydrating’ formulas were seen on 3.2% of total online skus

Trending Articles

  1. Dr. Squatch sparks backlash after launching Sydney Sweeney bathwater soap The “very real” limited edition bar will go on sale in June but has left some questioning the move
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Cosmetics Business reveals the 5 key bath and body trends in new report Amid a dynamic and fast-changing bath and body care market, brand distinction, and a driving purpose, is everything
  3. La Roche-Posay warns of dangers of viral ‘burn lines’ trend in new sun safety campaign L’Oreal’s dermatology brand has leveraged its expertise to warn young people about the consequences of sun exposure via #DermsAgainstBurns after the ‘burn lines’ challenge went viral on TikTok
  4. L’Oréal pushes to make beauty refills ‘the new norm’ in first global cross-brand campaign The French beauty giant will promote the benefits of refills for World Refill Day in a new campaign that includes brands such as Lancôme, La Roche-Posay and Kérastase
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    Cosmetics Business reveals 5 trends shaping the future of beauty retail in new report The pandemic acted as a catalyst for change in retail. This report reveals how beauty can build back better

Upcoming event

13th Annual Beauty Trends & Innovations Conference

24 September 2025 | London, UK See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Media

‘Natural’ and ‘hydrating’ are the top beauty product claims of 2019

Beauty and personal care products that carried ‘natural’ claims were observed on 3.3% of all online skus globally, while claims of ‘hydrating’ formulas were seen on 3.2% of total online skus
You need to be a subscriber to read this article.
Click here to find out more.
Media

Personal care companies rise to the challenge of Sub-Saharan Africa's diverse consumer needs

Sub-Saharan Africa’s unique beauty markets combine tastes for tradition with international brand purchases. By Samuel Okocha, Ramadhan Rajab, Elias Gebreselassie, Nicola Jenvey and Poorna Rodrigo
You need to be a subscriber to read this article.
Click here to find out more.
Media

Innovative bathroom products: Time to soak in new trends for 2019

Bathroom products have shed their conservative, utilitarian image and are striding forwards into 2019 meeting the needs for green, pampering and fun
You need to be a subscriber to read this article.
Click here to find out more.
Media

Australia, New Zealand and Pacific Island beauty brands capitalise on indigenous ingredients

A natural approach is winning big for beauty brands in the Australasian and Pacific Island cosmetics markets. Barbara Barkhausen discovers the fastest growing market trends
You need to be a subscriber to read this article.
Click here to find out more.
Media

Health + wellness = beauty: Consumers seeking holistic approach to beauty, says Euromonitor

Annual beauty survey explores beauty and personal care habits of over 20,000 consumers in 20 global markets
You need to be a subscriber to read this article.
Click here to find out more.
Media

Tourist spend still boosting Japan's cosmetics market

Despite a shrinking domestic audience, Japan’s personal care sales are thriving thanks to Asian shopping tourists, while local brands are enjoying an export boom as J-beauty trends
You need to be a subscriber to read this article.
Click here to find out more.
Media

Think locally: Strategies for success in Southeast Asia's beauty markets

Southeast Asia comprises lucrative but very diverse beauty and personal care markets, so targeted approaches are recommended for brands eyeing this region, as Reena Karim-Hallberg, Michael Tatarski, Poorna Rodrigo and Jens Kastner write
Subscribe now