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Effect of Globalization on Cosmetic Industry B00239549 Effect of globalization on cosmetic industry Words : 2 575 Understanding Global Market 2012-2013 Table of Contents Introduction……………………………………………………………….……3 I. Globalization of cosmetic industry………………………………….…….3 A/ Cosmetic market………………………..………………………….….….4 B/ Main Drivers………………………………………………….…………..4 1. Declining trade and investment barriers………………………………..4 2. Technology change…………………………………………………4 3. Regional economic agreement and integration.………..……….………5 4. Social cultural convergence………………………….………………5.