Counterfeit Cosmetics Market Value: $3.0 Billion
Posted on May 10, 2008
Filed Under Black Market Index, counterfeit and piracy |
Counterfeit Cosmetics is the buying and selling of cosmetic products that are unauthorized to be selling as a particular brand name.
Losses caused by counterfeit cosmetics exceed $3 billion.
Source: Anti-Counterfeiting Group, “The Extent of Counterfeiting,” 2004, (Path: Essential Information: The Extent of Counterfeiting), (last accessed: February 2, 2006).
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