Two years after launching its Care Creations brand to reach all consumers from different markets around the world, BASF has now developed new innovations based on consumer needs, which are just as important to ingredient suppliers.
A new market report by research firm China Research and Intelligence notes that total sales revenue of the China cosmetic industry reached CNY 260 billion in 2013, and the analysts attributed this growth to rising resident income.
Following a successful in-cosmetics workshop on the regulatory issues facing the industry, Annelie Struessman of CONUSBAT, chair of the workshop, stopped off to give the Cosmetics Design team the low-down on what was discussed.
International beauty brand Sephora’s upcoming expansion into Australia participates in the ongoing diversification of the region’s cosmetics market, and will mean domestic players will need to continue to up their game with innovation.
The rumour mill is in full swing but it is not too ridiculous to suggest that Estée Lauder could be ripe to join the acquisition trail given its history and the current state of the market. It is not exactly out of character for the big players either…
Swiss manufacturer Givaudan is aiming to further reach out to its customers in Asia-Pacific and meet their needs, having announced the signing of a joint venture with Zhejiang Xinhua Chemical for the production of fragrance ingredients in China.
In the first of a two part interview with Kallik CEO, Neil Gleghorn, he reveals that the biggest priority for cosmetics companies right now is the new EU Regulation (number 1223/2009) that came into force in July.
Although the booming Chinese market is considered to be the most lucrative for cosmetic manufacturers, some exhibiting at Cosmoprof Asia revealed that the Japanese, Singaporean, Southeast Asian and Hong Kong markets were more rewarding for them!
At LVMH’s newest cosmetology center in Orleans this week, the company’s MD revealed its’ plans to expand in the 77-billion-euro a year ($104 billion) global premium cosmetics market on the Asia Pacific region.
Who knew the popularity potential of a face mask? Well not just any old face mask, but the upgraded Asian treatment trend that is promising the equivalent of a concentrated essence in a more affordable way...
Yesterday, Cosmetics Design reported on the CFDA’s recent decision to allow some cosmetic companies to bypass animal testing on their products. We spoke to the Chemical Inspection & Regulation Service in China to break down the specifics of the adjusted guidelines.
When direct sales player Amway made efforts to expand beyond its US markets back in 1995 to crack China, it appears to have been a bold move that has more than paid off, as almost 20 years on, the country provides 90% of its business.
As the Chinese consumer becomes the number-one luxury spender in the world, our expert reckons US and European prestige brand managers are suddenly paying closer attention to their overseas spending behaviour.
An increasing demand for facial surgery in South Korea is providing lucrative opportunities for international skin care brands to develop pre-or post-surgery products – if not ranges that could ultimately replace the need for surgery in the long run.
According to the China National Committee on Ageing, major US personal care players are investing in China’s ageing population, a segment that has seen explosive growth in terms of cosmetic expenditure of late.
Online retailer Taobao has started to see an uptake in consumers from smaller locales in China investing in the online forum to buy cosmetics, particularly in 2012 where they were found to buy more products over their urban counterparts.
Wacker Silicones, a division of the Germany based chemicals company has invested in five new business teams to support sales in the region as it continues towards its goal to strengthen its presence in Asia.
Not-for-profit organisation Good Environmental Choice Australia (GECA) has released a new environmental standard for personal care and cosmetics products to ease consumer concerns over the use of palm oil, toxic chemicals and greenwashing.
The procedure of exporting cosmetics from the US may present itself to some as a time consuming and or administrative nightmare. Here Cosmetics Design outlines the most efficient way for companies to get through the process based on FDA guidelines.
Market entry in Asia is often a stumbling block for many and can present cosmetic companies with a number of obstacles to overcome due to different regulatory requirements. Here Cosmetics Design takes a look at some of the main markets and the different...
The tactic employed by ingredients suppliers in order to stay one step ahead has developed a much more consumer-led theme in recent years and this is relevant when observing the big players’ approach to Asia.
Regulation consultancy, REACH24H Consulting Group has backed the China FDA’s change in registration of imported non-special use cosmetics saying it will ease the process; however it is not the complete answer.
Michigan-based Amway has manufactured its own success story in an unlikely market, although its sales growth looks to be slowing in China as competition increases, and counterfeits become a bigger problem.
After much success in the Japanese beauty product market, Panasonic is now extending its reach into Southeast Asia with a new range of ‘nanoe care’ beauty and grooming products, based on its electrical expertise.