Asian consumers are more willing to spend on affordable luxuries than ever, and the hands and nails segment is in a particularly strong position in China. In 2015, it amounted to US$728m, according to Euromonitor International’s data.
Hybrid nail polish and novel removal techniques that boomed in Western markets are still in the early stages here though. In China, the market is driven by
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- Companies:
- Euromonitor International
- Amorepacific GROUP
- Inter Parfums
- Shiseido
- Canadean Ltd
- Tony Moly
