Following the weaker global economic conditions in 2012, Singapore also experienced slower GDP growth of 1.2% in 2012, compared to GDP growth of 5% in 2011. Although Singaporean consumers’ confidence remains stable, they spent less for luxurious items. This had a negative impact on the sales performance of premium products such as premium fragrances and skin care in 2012. Euromonitor International’s Beauty and Personal Care in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2008-2012, allowing you to identify the sectors driving growth. …
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