Brazil grows in beauty market

Brazil had the world’s fourth largest cosmetics and toiletries market last year, up from sixth place and beating both Germany and the UK, according to market researcher Euromonitor. The country saw 34.2% growth last year to $13.8bn, easily outstripping the 8.2% global growth, and is expected to reach third place soon given predictions for 20%-plus growth this year and beyond. The US currently tops the table, with Japan in second place and France third.