Beauty and Personal Care Industry: Main Features of Its Territorial Structure and International Division of Labor
https://doi.org/10.31857/S2587556621050034
Abstract
At the end of the 20th – beginning of the 21st century world beauty and personal care industry underwent dramatic territorial-structural changes. Among the main factors of that changes were R&D progress and institutional changes in the global economy. The main shifts in the geography of the beauty and personal care industry and its international trade in the context of the globalization of its manufacturing and commodity marketing are discussed. One of the consequences of these shifts is the formation of new growth poles of the world beauty and personal care industry—Asian growth pole led by China (since 2010 it has been ranked second in the world in terms of production after the United States), the Republic of Korea and India (in 2015, it has been ranked 8th and 9th place in the world in terms of production, respectively, overtaking Italy) and Latin American growth pole led by Brazil (since 2014 it has been ranked 4th in terms of production after Japan, overtaking France). The main trends in the development of the international division of labor in the beauty and personal care industry were revealed: an increase in the role of developing countries in the world beauty and personal care market, including an increase in the share of developing countries in the group of net exporters of perfumery and cosmetic products; smoothing out differences in the intra-sectoral specialization of countries of various types; “regionalization” of the specialization of perfumery and cosmetic production; transformation of the commodity structure of perfumery and cosmetic products international trade, etc.
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Review
For citations:
Gladenkova T.A. Beauty and Personal Care Industry: Main Features of Its Territorial Structure and International Division of Labor. Izvestiya Rossiiskoi Akademii Nauk. Seriya Geograficheskaya. 2021;85(5):663-674. (In Russ.) https://doi.org/10.31857/S2587556621050034
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