Fake cosmetics seizures up 264 percent in 2007 at EU borders
Source: AP, “EU concerned by surge in imports of counterfeit drugs, toys, cosmetics,” International Herald Tribune, May 19, 2008.
Counterfeit Cosmetics Market Value: $3.0 Billion
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).
10 percent of French cosmetics sold is counterfeit
Source: Bloomberg, “Counterfeiters costing firms millions,” Taipei Times, January 28, 2005, (accessed: October 13, 2005).
$210 million value of counterfeit cosmetics in Gulf Region
The counterfeit cosmetics market in the Gulf Region is estimated to be worth $210 million.
Source: Jay Hilton, “Fake cosmetics business swells to $210m in Gulf,” gulfnews.com, November 5, 2006, (accessed: November 6, 2006).
