It is the largest segment in terms of size and value in the cosmetics and toiletries market, and skin care will continue to add significant growth in the future thanks to further advancements and innovation.
The evolution of the BB cream category has been nothing short of incredible, giving way to the CC cream category. But now US-based Julep is set to launch what is claimed to be the world’s first DD range.
As economic growth in Asia-Pacific gives many countries in the region new-found wealth, this is translating into a plethora of increasingly sophisticated products that are turning the heads of international industry professionals.
According to market researcher, Global Information (GII), the global cosmeceuticals market should reach $31.84 billion by 2016 with huge potential among the Asian countries, such as Japan, China, and India, which are set to attract major players.
Singapore-based online cosmetic retailer Luxola says it has secured investment that will help it to expand into other markets in the fast-growing Southeast Asia market.
Apparently there is a macho method of using bar soap and if anyone is going to exploit that than it will be Procter & Gamble’s Old Spice brand as it launches its latest line of manly-scented products.
Olay maintains its dominant position at the top of the BrandFinance Cosmetics 50 table, but a slight value fall coupled with a surge in competitor growth has seen L’Oréal eat away at that lead.
Reed Sinopharm Exhibitions has confirmed that last month’s PCHi in Guangzhou was by far the biggest to date and is planning to top the records with next year’s event in Shanghai.
Although the China cosmetics and personal care market continues to grow at double digit figures, the market remains fragmented, according to latest market research.
Plant stem cell technology is expected to help propel the global cosmeceutical market forward over the coming years, according to the latest report from RNCOS.
L’Oreal’s Shanghai based R&D centre has been focusing on developing specialised cosmetics for the Chinese market as it attempts to gain a greater share of the market from its rivals on the region.
With just over seven months until the doors open for in-cosmetics Asia in Bangkok, interest in the show is said to be exceeding 2012 figures as exhibitor bookings are up 36 percent compared to this time last year.
Demand from emerging economies and the increase in aspirational shoppers will keep the Global Cosmetics Manufacturing industry growing throughout 2013, having helped it maintain healthy levels over the past five years.
According to the market researcher, consumer attitudes in China are reflecting a growing market demand for natural as 90 percent of female shoppers say they are “getting more concerned about the safety of skin care products”.
Despite the faltering economies in Japan and China over the last year, Asia Pacific remains the dominant region in premium facial care, according to the latest global skin care report from Euromonitor.
The significant growth shown in the surfactants and polymers categories in personal care ingredients should see the market boosted in the future according to research firm Kline.
The global Fragrance and Perfumes market is expected to grow over the next five years, driven primarily by growth expected in the underpenetrated emerging markets such as Asia-Pacific.
Reed Sinopharm Exhibitions claims that visitors numbers for the first day of the event were up 42 percent and packed aisles were a testament to this claim.
Henkel is targeting the expansion of its footprint in the Indonesian market with the launch a complete range of products under the Japanese professional hair care brand Syoss, that targets the mass market.
This year’s PCHi event is readying to open its doors in Guangzhou, Southern China next week, with the organizers predicting that it should easily surpass attendance and exhibitor numbers of previous events.
According to analysts at Transparency Market Research; the global baby care product market will reach $66.8 billion in 2017, due to a growing baby population, particularly in developing nations.
Euromonitor’s latest findings comes as good news to the cosmetic giants investing in emerging markets like P&G and Estee Lauder, as the market researcher predicts emerging countries to be three of the world’s five largest economies by 2020.
Although price still remains a major factor to Indian consumers, the skin care market is expanding as consumer views start to shift more towards necessity rather than luxury due to increased income and consumer knowledge.
Organic Monitor feels that the consumption phase of cosmetic products is often being ignored by the industry in comparison to the focus on raw materials and production process, which can damage the relationship with the consumer.
Put the date in your diaries: June 12th 2013, marks the return of the SkinCare Ingredients virtual trade show and conference and the third year running for this fast growing annual event.
The countdown to the opening of the Home and Personal Care Ingredients exhibition and conference has begun with the doors to the two day exhibition due to open in Mumbai on February 28th.
One of the biggest beauty trends of the past year has been the explosion of beauty devices on the global market, with the Asia Pacific region being singled out as one of the major new markets.
This month, veteran cosmetic industry expert Imogen Matthews asks the question, why, when male grooming has been promising to flourish for so many years, does the majority of men still opt for minimalistic personal care routines?
As international cosmetic giants continue to hold their own amidst fierce competition on the Vietnamese market, domestic brands are struggling to fund campaigns and are disappearing from the market as a result.
Compared to the likes of Asia and even Europe, the US has been a bit slower on the uptake of nutricosmetics; however the Eastern influence couple with the numerous launches of beauty drinks could change this.
With the Indian cosmetic industry estimated at Rs 230 billion, and Rs 3000 crore of that belonging to imported products, the country’s Health Ministry is taking precautions to make sure unsafe cosmetics don’t enter the chain.
In an increasingly competitive cosmetics market, tapping into the ‘targeted multi-functionality’ trend could help combine contradictory demands and help brands to stand out from the crowd, but may only be an intermediate solution, according to industry...
Media and consumer attention towards certain ingredients used in beauty and personal care can stifle innovation in the industry, according to a Euromonitor analyst.
The pharma-cosmo blend that are cosmeceuticals hold a lot of potential in Asia, particularly in China, India and Japan, with the market set to grow over the next two years.
It is the season of men’s grooming it seems, and with this in mind, CosmeticsDesign-Europe.com visited the HQ of natural skin care manufacturer Bulldog to discuss the challenges in the male arena and how to tackle them.
Certain cosmetics companies in Japan are reported to have raised the prices of their products, despite a recent government call for businesses to follow the depreciation of the Japanese yen in setting prices.
Women in North America are more concerned with cruelty-free cosmetics than certified organic or preservative-free, with Canadian ladies leading the charge.
The modern man is concerned with his appearance and is increasingly aware of the benefits associated with a proper beauty regime and this, in turn, is driving the growth of the global men’s grooming market.
Men’s natural skin care firm Bulldog has continued to roll its products out into new markets across the world; this time targeting South Korea, as the grooming trend grows.
The Cosmetics and Science Conference will be looking at key trends, including regulation, R&D and clinical challenges, and is said to be the first dedicated event of its kind to be held in India.
According to various analysts in the Asia-Pacific region, the cosmetics industry in Vietnam, although having established many cosmetics brand names, has been overshadowed by multinational brands, due to a lack of innovation and promotional strategies.
Luxola.com, which is rapidly emerging as one of the biggest online cosmetics retailers in Southeast Asia, has announced the addition of a range of major brands.
The number of Indian members of the Roundtable on Sustainable Palm Oil (RSPO) has increased over five times in the last year thanks to greater interest in sustainable palm oil for consumer products, including cosmetics.
IP Resources agrees on Hong Kong licensing deal for stem cell skin care US-based IP Resources has signed a licensing agreement in Hong Kong and Macau for its new stem cell skin care product that aimed at positioning it in the Asia Pacific market.
The new calendar has seen the continuing growth of one of the biggest trends in South Korea, and it’s not the exuberant, catchy, feel-good viral dance phenomenon unearthed in 2012; but rather the increase in men’s make-up sales.
Beauty boxes have revolutionised how consumers shop for beauty products, providing sensory elements to online shopping that was not present in the traditional retail format and this will continue to drive e-commerce.