News & Analysis on Cosmetics Innovation
According to China’s largest third-party payment platform Alipay, the online sales boom has reached Japan and the Republic of Korea, as Chinese online shoppers shift their attention from the Western markets.
Cosmetic companies like AmorePacific are investing in China's beauty and personal care market which is estimated to be worth $34 billion this year, after its revealed that Chinese consumers favour South Korean cosmetics.
The men’s skin care market is booming in South Korea thanks to acceptance of product use and the willingness to look good in the professional environment, despite China’s market size estimated to be bigger.
A team of Japanese scientists have announced that they have developed a form of artificial corneal tissue which can be used in the place of cosmetics testing on animals.
An environmental group has discovered lipsticks containing chemicals and heavy metals in the Philippine capital city of Manila.