CTFAS workshop to share the 'realities and pitfalls' of natural & organic ingredients

The Cosmetics, Toiletries & Fragrance association of Singapore will host its annual workshop on the availability and approval of natural and organic ingredients in cosmetics on October 29th.

The 2015 edition of the workshop will feature Danilo Lambino, President of Formulae 8 as a guest speaker, discussing the realities and pitfalls of using natural and organic ingredients from actives and preservatives to oils and fragrances.

The two day event will see Dr. Alain Khaiat, president of the Association give the formulators and decision makers of the industry an update on the ASEAN Cosmetic Directive, ISO updates and Product Information File (PIF) and labeling non-compliance.

Khaiat tells CosmeticsDesign-Asia.com that this will be particularly useful for those applying for registration licenses to export to ASEAN neighbors.

Other discussions will include the laws and regulations on imported cosmetics and a marketing trends feature on what's inspiring markets and brands from industry expert, Florence Bernardin.

Issues on sunscreen labeling, preservatives and active ingredient restrictions will also be on the agenda.

Take a look at the full workshop programme...

asean-programme.jpg
asean-2.jpg

ASEAN is ideal for catering to organic and natural demand, says expert

The demand for organic cosmetics has been especially robust in ASEAN as the raw materials that manufacturers need are easily available. 

The sector is anticipated to expand at 9.5% CAGR and reach US$ 4.4 billion by 2020.

According to Future Market Insights, rising disposable income and financial freedom in recent years has allowed consumers to make healthy buying decisions, even if it means paying more for certain products.

Associate consultant Vipassa Kakroo told CosmeticsDesign-Asia.com that the retail sectors in Singapore, Thailand and Malaysia are expected to increase the growth of premium and specialised organic cosmetics.

In terms of market breakdown, Thailand and Indonesia are the most lucrative while demand for organic hair care products is anticipated to be the highest segment.

According to Kakroo, the organic cosmetics market in Thailand was valued at US$ 755 million in 2014 and is anticipated to be worth US$ 1.2 billion by 2020.

Meanwhile, Indonesia is anticipated to witness a CAGR of 9.2% through 2020 to reach a valuation of 1.06 billion.