Asian-Americans Top Buyers, Users Of Beauty Products

Asian-Americans spend more on skincare on average than other consumers around the world, and 70% more than the average American. They also spend more than the average consumer globally on perfume, cosmetics and hair care, according to research from LondonEconomic.com. Asian-Americans are choosing premium skincare products, such as face cream made with snail extract in South Korea and now available in the US. Average expenditure on health in the US is higher than in other countries, but although the US tops the list of the number of people undergoing cosmetic surgery, for either medical or aesthetic purposes, the percentage of the population choosing surgery is higher for South Korea. The US ranks highest for average expenditure by men and women on cosmetics, with Japan second, and it ranks top for usage, with Japan top in Asia. [ Image credit: Image Source ]