Despite being in a good financial position and maintaining its position as one of the leading cosmetics companies, L’Oréal has continued to seek out growth, in what has already been an active 2013.
Plant stem cell technology is expected to help propel the global cosmeceutical market forward over the coming years, according to the latest report from RNCOS.
CCL industries has signed an agreement to partner with Japanese packaging company Taisei Kako that will see the two companies build a plastic tube manufacturing and decorating plant in Bangkok, Thailand.
Active and functional ingredients specialist Lucas Meyer is looking to acquisition and internal growth to unleash significant growth potential in both the Americas and Asia Pacific.
The Mumbai-based pharma player, Elder Pharmaceuticals has teamed up with Japanese cosmetic giant, Kose to develop a range specifically for the Indian market.
With less than a week to go until the ban on selling animal-tested cosmetics in the EU, it appears that it has influenced several markets in Asia, with Korea, India and Japan all seeing instances of following suit in 2013 so far.
US ingredients supplier Lipo Chemicals has expanded its global reach in response to the demand of its multinational customers and growing personal care market in India,by opening up a new office in Mumbai.
Euromonitor’s latest findings comes as good news to the cosmetic giants investing in emerging markets like P&G and Estee Lauder, as the market researcher predicts emerging countries to be three of the world’s five largest economies by 2020.
Although price still remains a major factor to Indian consumers, the skin care market is expanding as consumer views start to shift more towards necessity rather than luxury due to increased income and consumer knowledge.
The countdown to the opening of the Home and Personal Care Ingredients exhibition and conference has begun with the doors to the two day exhibition due to open in Mumbai on February 28th.
One of the biggest beauty trends of the past year has been the explosion of beauty devices on the global market, with the Asia Pacific region being singled out as one of the major new markets.
The global personal care giant is set to open its first aerosol manufacturing plant in Asia, the venture follows a set of recent investments in new factories announced for Thailand and South Africa.
Authorities have raided and seized fake products in three cosmetics outlets in Patna worth Rs 10 lakh, to which they say were being openly sold under the names of top cosmetic brands.
Sales in China plunged for Avon, counterbalanced by gains in both Brazil and Russia, while profits nosedive due to the impact of restructuring charges.
With the Indian cosmetic industry estimated at Rs 230 billion, and Rs 3000 crore of that belonging to imported products, the country’s Health Ministry is taking precautions to make sure unsafe cosmetics don’t enter the chain.
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.
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.
The modern man is concerned with his appearance and is increasingly aware of the benefits associated with a proper beauty regime and this, in turn, is driving the growth of the global men’s grooming market.
Despite a challenging macro-economic environment, Dabur India reported strong volume-driven growth across all its key categories; with skin and hair care both contributing to the double digit growth.
Animal testing on cosmetics is becoming a hot topic in India, as veteran actress Debasree Roy joins a campaign to fight against it and adds to a growing chorus of protests.
The Cosmetics and Science Conference will be looking at key trends, including regulation, R&D and clinical challenges, and is said to be the first dedicated event of its kind to be held in India.
Green chemistry innovator GreenCentre has licensed Gemini Surfactant Technology to India-based RAN Chemicals as it looks to make the surfactants market more sustainable.
Hong Kong-based consumer goods group Li & Fung has acquired Lornamead Acquisitions and its subsidiaries for $190 million, securing a significant portfolio of personal care brands.
The number of Indian members of the Roundtable on Sustainable Palm Oil (RSPO) has increased over five times in the last year thanks to greater interest in sustainable palm oil for consumer products, including cosmetics.
Last week, India’s Drug Controller General of India (DCGI) Dr G N Singh met with MP Maneka Gandhi, and now Humane Society International has applauded statesman Ramalinga Reddy for urging swift action to update Indian law to end animal testing of cosmetics.
L’Oréal has inaugurated a new Mumbai research hub at the end of last week, which is part of plans to target significant growth in the India market, the company says.
Newly launched cosmetic company 'Rustic Art' has found success after tapping into the Indian market by utilizing skilled local manufacturers in a bid to cater to the organic domestic market rather than exporting to the West.
Brussels-based chemicals company Solvay has expanded its footprint further in the Indian personal care market, through a deal with local surfactants producer Sunshield Chemicals.
As the world goes green, the demand for ayurvedic cosmetics is set for an increase in demand and is a perfect growth frontier for beauty manufacturers according to market research firm Kuick.
A cosmetics factory in Dhaka has been shut down by the Bangladeshi authorities for allegedly using harmful chemicals including mercury in its skin-lightening creams.
According to the CEO of the Indian Plastic Foundation, Bipin Shah, the country's polymer consumption is set to reach 10 million tons in 2012, and if the sector is maintained and not influenced, "can become the third largest polymer consumer...
The National Law School of India University (NLSIU) and its students are said to have ten cases pending throughout Bangalore against big multinational corporations for not delivering on their advertisement promises.
A Pakistani scholar has been nominated for a 2012 Young Researcher Lush Prize thanks to his work concerning alternatives to animal testing in cosmetics development.
Cosmetics titan L’Oréal is using the strong strategic importance and solid foundation it has in India as a gateway to other markets in Asia-Pacific and beyond.
The Cosmetics Devices & Drugs Authority in Sri Lanka has issued a statement warning that more than half of the cosmetics used by the public are illegal and could contain harmful ingredients.
The Indian government’s decision this month to allow 100 percent Foreign Direct Investment in single brand retail, will be beneficial to the fast moving consumer goods sector, with cosmetics poised to pounce.
As consumers in India become more conscious about their appearance, it is having a knock on effect on the country’s hair care market, which is set to shine in the next few years.
Munich-based Wacker has chosen DKSH to distribute its biotech products used for personal care applications in Asia taking advantage of the Zurich-headquartered firm’s presence in the region.
The India herbal skin and hair care products manufacturer is expanding into Pakistan, with a belief that the demand for skin care will be akin to that of the Indian market due to consumer similarities.
Global active ingredients player Sabinsa has launched a new skin care formulation derived from a native Indian fruit called phyllanthus emblica, commonly known as the edible amla fruit.
The emerging markets are all the rage for cosmetics manufacturers at present and this is no different for direct seller Avon as it targets growth in India to try and revive what has been a tough financial period for the company.
Global cosmetics giant L’Oréal has singled out the Asian markets as key to growth for the company, highlighting the number of big players targeting the region.
The organisers of beauty show Cosmoprof Asia expect it to be a big success following a nine per cent growth in exhibition space, and a focus on the key trends, such as nanotechnology use in skin care.
UK-based natural cosmetics ingredients maker Oat Cosmetics says it is advancing the global distribution of its product line to Australia on the back of continued growth.
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