News & Analysis on Cosmetics Innovation
With Euromonitor forecasting Indonesia as one of the top 10 global skin care markets by 2019, personal care ingredient suppliers are stepping up their efforts to penetrate and consolidate their presence.
Personal care giant, AmorePacific found itself among those affected by the devaluation of the Yuan this month - experiencing a loss of 11 per cent in a market it considers as its second-biggest.
The Swiss ingredients provider has teamed up with Future Group (Future Consumer Enterprise) to develop new brands and products specifically for the Indian personal care market.
According to scientists from Israel and Germany, tighter EU regulations prohibiting the use of animals in safety testing, although more humane - is ultimately hindering new cosmetic product development.