LG EYES CHINA'S TOOTHPASTE MARKET

AsiaInfo Services 09-05-2007 LG Eyes China's Toothpaste Market BEIJING, Jul 09, 2007 (SinoCast via COMTEX) -- LG Group, a global leading conglomerate based in South Korea, plans to start shampoo business in China in the second half of 2007, which will surely boost the competition in the USD 1.16 billion-valued shampoo market of China. Presently, over 50% of the Chinese shampoo market is held by P&G, which is followed by Unilever with a 10% to 20% market share, LAF Group and some other producers, according to the statistics of ACNielsen, a global leading market researcher.

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