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emerging market , such as China and India , as these markets are lucrative in nature and owe towards untapped opportunity . These countries are growing rapidly in the personal care market . India and China are the world leader in the global population . As these countries are developing at a rapid rate , so market of personal care products has increased tremendously . People are investing a lot on the personal care products to look young and beautiful .
Competitive Insights The major market players in the delivery systems in personal care market are Norelco Consumer Products Company , Conair Corp , HoMedicsInc , Panasonic Corporation , GABA GmbH , Remington Products Company , Lipotec , Arch Chemicals , and BASF . As this market is highly competitive in nature , so the companies are focusing on the various strategies such as merger & acquisition , innovation , better customer service supports and collaboration to reduce competitions . Conair Corporation is one of the market leaders in this segment . It has always followed the strategy of acquiring newly established profitable companies . Few companies acquired by Conair Corporation are , in 1989 , it acquired Cuisinart , in 1998 it acquiredWaring Products , in 2007 it acquired Allegro and in 2005 , it acquired Jarden .
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