Coty set for further expansion in the Asia Pacific region?
Having announced an IPO worth more than $1 billion and acquiring a major Asian distributor, all the indicators are that the company is lining itself up for further expansion in the region.
News & Analysis on Cosmetics Innovation
Having announced an IPO worth more than $1 billion and acquiring a major Asian distributor, all the indicators are that the company is lining itself up for further expansion in the region.
According to a recent meeting of the EU Chamber of Commerce in China, more European companies are planning further investment in the country, particularly in its western areas.
Continuing its on-going research into skin care science and anti-ageing, Nivea product maker Beiersdorf has teamed up with the scientific network project AgeNet to study the effects of environmental factors responsible for skin ageing.
The premium skin care market in China has seen strong growth over the last 12 months and possesses several opportunities for cosmetics manufacturers.
Skin lightening has long been a trend in Asia and is set to continue to boost the global market in the next five years, according to Global Industry Analysts’ latest report.