Fast moving consumer goods leader (FMCG), Godrej Consumer Products (GCPL), prepares to release its new range of hair colourants and soaps in India and Indonesia.
The most recent financial quarter saw a slowdown in India’s fast moving consumer goods market’s growth, with personal care brands listed among those which are losing out as a result.
Colgate-Palmolive has become the latest company to join the movement towards deforestation-free palm oil, which many believe adds weight to the movement towards a more sustainable industry.
Ingredient suppliers need to stay on top of the trends and work with finished goods manufacturers to ensure they win over consumers, says Lubrizol’s Adrian Holland.
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 future of packaging for fast moving consumer goods will lie in bio-plastics, according to Cereplast, a company that is investing heavily in the area.