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Russian cosmetics market

This article was originally published in The Rose Sheet

Executive Summary

Russia has "huge potential for international as well as local cosmetics manufacturers" due to rising consumer spending, increasing fashion consciousness and "desire of donning western looks," according to market researcher RNCOS. In new report Russian Cosmetics Market Forecast (2008-2012), RNCOS notes that hair care, oral care, skin care and color cosmetics form vast share of the market and that male grooming, depilatories and skin care are market's fastest growing segments, with skin care likely to be dominant by 2012. Report analyzes key players in Russian market including L'Oréal, Oriflame Cosmetics and Nevskaya Kosmetik...

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