A key market trends presentation on the global cosmetics industry
given at In-Cosmetics Amsterdam highlights the fact that continued
industry growth is likely to be driven by global marketing
campaigns that take into consideration...
Animal testing alternatives, regulatory issues and innovation
within the industry are amongst the subjects on the agenda at
Colipa's annual general assembly next month.
Microalgae company Cyanotech will focus on marketing its
antioxidant BioAstin for the human cosmeceutical, nutraceutical and
nutritional supplement markets.
Boots is considering the launch of its No7 Protect & Perfect
range on several international markets in a move that could see the
private label brand rival the big players.
The global market for anti-aging products - topical, dietary and
pharmaceutical - is predicted to increase due to growing interest
from an ever younger consumer base.
Male grooming is motivated by work and social situations and
related to ideas of status advancement; however attitudes vary
across countries, according to a Beiersdorf survey.
The continued growth in male grooming products, combined with the
development of emerging markets is helping to further grow the
world market for shaving products.
The global skin care market is predicted to be worth $44.8bn by
2010, driven by an aging population, growing consumer affluence and
the increasing importance of the emerging markets, according to a
report by Global Industry Analysts.
Boosted by strong domestic growth for personal care, Indian company
Anchor Health and Beauty Care says it will be
eyeing global soap and toothpaste brands as a key to further
expansion.
Eyelash enhancers have blurred the line between cosmetics and drugs
landing two companies in a regulatory snare but La Canada Ventures
has been careful to avoid trouble.
The member countries of the Association of South East Asian Nations
(ASEAN) have adopted International Fragrance Association (IFRA)
standards in a move to facilitate trade of fragrance products with
the countries.
As part of its ambitions to grow its brand footprint on a global
basis, Germany-based Beiersdorf says it wants to up its
investment for marketing and advertising in the US market.
Germany-based Drs. Hans Schreuder is teaming up with China-based
RHEI Pharmaceuticals in a deal that will ensure that its natural
skin care line is distributed throughout fast-growing markets in
Asia.
Avon's ongoing restructuring program has led to the loss of 184
jobs in Northamptonshire, UK, as the company continues to trim its
operations worldwide to increase profitability.
Givaudan has entered into ethical sustainability partnerships with
Australian and Venezuelan producers as part of a move towards
sustainable ingredients sourcing.
Although the Asia Pacific region continues to be the main launch
pad for new nutricosmetics products, latest market movements show
that the UK and US are catching up.
Procter and Gamble (P&G) claimed today to have made a hair
coloring breakthrough that will transform the future of the
category and persuade more women to color their hair at home.
US consumers are becoming increasingly concerned over social and
environmental implications when choosing packaged food and beverage
brands, according to a new report by Information Resources, Inc
(IRI).
Avon takes a new direction with healthcare foods in China, Swiss
Arabian Perfumes Group announces expansion plans in the Gulf and
Ineke perfume expands European distribution.
Despite significant growth in the Indian cosmetics and toiletries
market in recent years, per capita cosmetics consumption still
remains the lowest in Asia, according to the Associated Chambers of
Commerce and Industry of India (ASSOCHAM).
The highlights of 2007's anti-ageing market include an increase in
natural active ingredients, tapping into the ever growing trend for
natural and organic products.
Natural and organic Peter Rabbit baby care products are coming to
Europe as concern over the impact of certain synthetic chemicals on
children's health grows.
Mary Kay has opened a new distribution centre and
headquarters in Mexico after twenty years of trading in the country
- a move that celebrates the success of direct selling in the
emerging market.
Launched in 'Chloe's apartment' the luxury brand's new fragrance
seeks to push boundaries of expectation in order to reach out to
customers with a clear product concept.
With the season for buying fragrances well upon us, market experts
say that cultural differences will continue to define the type of
fragrance launched around the world during the course of next year.
The Union for Ethical BioTrade could help cosmetics companies
negotiate the regulatory 'minefield' of trading with local
producers in Africa, South America and Asia, whilst ensuring
ethical trade that benefits small scale...
Evonik Goldschmidt, previously known as Degussa Personal Care, has
released a range of plant extracts in an attempt to cash in on the
growing trend for natural cosmetics.
Industry expert Didier Rase has launched a new men's anti-ageing
skin care range, claimed to be the first to feature a plant derived
ingredient that inhibits testosterone deficiency.
The Chinese government has acted on promises to improve product
standards 'blacklisting' 10 domestically manufactured cosmetics,
according to press reports.
Wal-Mart's sustainability programme, which is forcing manufacturers
worldwide to reduce their environmental impact, has come under
heavy criticism from a coalition of international labour and
civic organisations for being "unsustainable".
Symrise is combining its plant extracts under the new product line
'Actipone', with the intention of expanding the range of natural
active ingredients designed for use in cosmetics.
Demand is growing for natural cosmetics in China, driven by a
traditional preference for natural ingredients and the fear of
toxic chemicals in consumer goods.
Emerging markets, particularly Brazil and Russia, are becoming
increasingly open towards natural and organic cosmetics, with both
domestic and international players getting involved in the trend.
Hawaii's Cyanotech Corporation has obtained four new
structure/function claims for its Bioastin following FDA review, as
it looks to make consumers more familiar with the benefits of
astaxanthin.
The International Cooperation on Cosmetic Regulation (ICCR) is
calling for increased international cooperation within the
industry, in areas such as nanotechnology and alternatives to
animal testing.