India has been flagged up as one of the fastest-growing markets for beauty in the world, so it’s little wonder that some of the biggest players have been making moves in the country this year.
As the Indian skin-whitening market focuses on beauty-enhancing claims around health, David Tyrrell, Global Analyst at Mintel says “brands need to take the ethical high-ground when talking about fairer skin care solutions”.
For years the market for cosmetics and personal care products in India has shown promise but has not quite lived up to expectations. Now all that is changing as the market booms.
Cosmetic and personal care ingredients players Inolex has announced the opening of its new Commercial & Technical Center in Guangzhou, China as part of its expansion plans in the market.
The Anglo-Dutch consumer goods giant recorded double-digit growth in turnover in its full year 2015 results with innovations in the Personal Care business driving the segments improvement, but company CEO Paul Polman has warned 2016 will be tough thanks...
India is the latest country on the AP region to consider Vietnam an ideal location for its exported cosmetic dyes and chemicals thanks to the Southeast Asian country's upgrade in skillful workers and an average GDP growth rate of 5-6 per cent annually.
Targeting structural issues for both the company’s domestic and international businesses, the Shiseido three year restructuring programme aims at renewed growth through investment in ‘aggressive marketing’.
Lubrizol has strengthened its presence in Asia with the opening of its new Innovation Centre in Singapore, which will have a positive impact on its personal care offerings.
The economic growth in China slowed slightly from a GDP of 9.2 percent in 2011 to 7.8 percent in 2012, however this has not stunted consumers’ will to tackle beauty concerns and has seen foreign brands experience fast growth.
According to a new market report by Transparency Market Research, the global In vitro toxicity testing market was worth $1,518.7 million in 2011 and is expected to reach $4,114.1 million in 2018, growing at a CAGR of 15.3 percent from 2013 to 2018.
Premium organic cosmetic provider has already made a significant impact on the Asia-Pacific market and CEO Sam McKay believes it is all to do with communicating the brand values.
Ingredients player Inolex is expanding its operations into some of the fast-growing Asian markets, as well as readying the launch of a natural silicones alternative.
The recession has served to emphasize both Procter & Gamble’s and Colgate-Palmolive’s ambitions to target emerging markets for future growth, latest financial reports find.
Retail cosmetic sales grew at 16.9 per cent in China during the course of 2009, a figure that defies the global market trend but indicates slower underlying growth.