Here we break down the hottest regulatory issues that will affect the cosmetics industry in APAC this year, with expert insights from leading industry insiders.
With the importance of sustainability in the cosmetics industry, we can expect regulation around packaging to continue to trend globally, including in APAC.
Another regulatory trend is the push towards more regulation for product refills and customisation as the demand for personalised products grow.
Microbiome beauty space hampered by misinformation and in need of standardisation – BiomeCentric CEO
The understanding of microbiome products and ingredients have not kept up with its rapid development in beauty and requires more effort in standardisation.
With its technology and expertise, the company’s overarching mission is to support the development of the microbiome market, which it believes is riddled with misinformation.
“We want to put meaning back into the word microbiome. We want to standardise this industry, have more standardised processes so that it's more meaningful when we talk about supporting the microbiome,” said CEO Shaun Roux.
Australian beauty brand Mary Grace has given its packaging a facelift and is embarking on an NPD drive, as it readies itself to set foot into overseas markets.
Acne affects as many as 85% of Australians aged between 15 and 24 years old.
To address this major skin concern, Mary Grace’s Natural Blemish Spot Remover uses bromelain as a core ingredient.
It is a proteolytic enzyme extracted from pineapple, which has been proven to inhibit bacterial growth responsible for acne.
A UK-based start-up founded by a couple of Oxford scientists is targeting business-to-business (B2B) and direct-to-consumer (DTC) opportunities in the Asia Pacific skin care market with its novel sun care solution.
Kutanios is a biotech start-up founded by two Oxford University medical scientists: CEO Dr Irina Miller and CSO Professor Norman Miller.
The company developed a unique mechanism to mitigate the harmful effects of ultraviolet rays and atmospheric pollution by targeting lipid peroxides in skin.
Beauty major Coty is utilising consumer insights from Chloe’s LazMall launch to fine-tune Hugo BOSS’s debut on the South East Asian e-commerce platform.
“One very interesting insight gleaned is that we are attracting a high share of male customers, who are buying Chloé as a gift and utilising our gift-wrapping service,” said Kristina Strunz, managing director of Coty SEA.
It also discovered that many consumers who came to the Chloé flagship were mostly new to the brand and bought discovery sets to try the fragrances before buying a full-size bottle.