The redrawing of the growth map.Slowing development in China, together with increased local competition, means the country will now not be a common growth engine for the business. As a end result, the US market will turn out to be much more essential, with strong progress, especially over the next few years. This market will turn into a aggressive battleground for established manufacturers and a possible green pasture for model new entrants. The Middle East is expected to gasoline growth over the same period, with India anticipated to emerge as a new sizzling spot in the long term. K-beauty brand Neogen has a whole heartleaf line that addresses not only zits but additionally other skin concerns, Cho points out.

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In a stellar year for perfume, Maesa took a unique approach to the class — and won big. Fine’ry, comprising 9 …