Global cosmeceutical market set to grow with Asia showing most potential
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.
News & Analysis on Cosmetics Innovation
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.
Specialty chemicals company Clariant’s cosmetics ingredients site in Tangerang, Indonesia has become the firm’s eighth location to achieve the Cosmetics Good Manufacturing Practice (GMP) certification.
Regulations in countries around the world need to change to outlaw animal testing in cosmetics, rather than the manufacturers themselves, according to the industry-specific organisation set up by the BUAV.
Media and consumer attention towards certain ingredients used in beauty and personal care can stifle innovation in the industry, according to a Euromonitor analyst.
On the back of launching its latest anti-aging product, cosmetics company Avon states that it expects its skin care segment to post double digit growth this year.