Reed Exhibitions announces in-cosmetics Korea

By Andrew MCDOUGALL contact

- Last updated on GMT

Reed Exhibitions announces in-cosmetics Korea

Related tags: Personal care ingredients, South korea, Korea

Korea is the latest country to attract the in-cosmetics trade show as plans have been made for the inaugural event there next year in the capital.

Reed Exhibitions, the organisers of the in-cosmetics group of trade events, has announced the launch of the new addition to its portfolio in Asia, following on from Asia’s standalone event in Bangkok, the newly-announce Brazil show, and the flagship European event.

The in-cosmetics Korea show will take place on 15-16 June 2015 at the COEX Exhibition Centre in Seoul and will be the country’s only exhibition of its kind for the personal care ingredients industry.

“Currently, there is no exhibition in South Korea dedicated solely to the personal care ingredients industry and from our experience with in-cosmetics Asia, we know companies are ready – and eager – for an event which caters specifically to this region,”​ says Senior Exhibition Director, Lucy Gillam.

“We are therefore delighted to be working with the Korea Cosmetics Association to bring in-cosmetics to this vibrant country, bridging a very important gap in the sector.”

Vibrant market

With the support from the Korea Cosmetic Association (KCA), the two-day event will enable companies to access Korea’s thriving US$8.9 million cosmetics market.

It aims to attract visitors from all corners of the Korean beauty industry, including formulators, lab and R&D professionals and purchasing managers, in a bid to source innovative new products and develop strategic partnerships with suppliers.

“Korea is Asia’s third largest cosmetics market and has been growing steadily since 2009,”​ adds Gillam.

“As home to more than 1,500 cosmetic manufacturers and the world’s highest spenders per capita in the field of skincare and male grooming products, it offers a huge opportunity for ingredient suppliers to build their business in this lucrative – and sophisticated – market,” ​she concludes.

Related topics: Market Trends

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