Markets like India, China, Africa and the Middle East offer a wealth of opportunities for growth in health and beauty, says the commercial director of GlobalData.
A report by market research firm Euromonitor reveals the methods and strategies which companies can adopt in order to reach the growing middle class in emerging markets.
Procter & Gamble’s focus on the emerging markets is paying off as net sales for the first quarter show a strong increase, but net earnings take a tumble on rising costs.