News & Analysis on Cosmetics Innovation
Mergers and acquisitions in the last couple of years have demonstrated companies' increased interest in organic and natural-positioned products and brands, according to the market researcher.
There seems to be continued talk in the cosmetics industry of the proposed animal testing ban that comes into place on March 11, 2013, and whilst it has been a long time coming, it represents a huge step, according to Cruelty Free International.
Hair care manufacturer PZ Cussons has seen business in the UK and Asia boost profits for the first half of the year, but there are big concerns over poor performance in its key African market.
As consumers are growing more and more environmentally aware, this is leading to not only increasing pressure to develop natural formulations, but it is also driving demand for greener packaging.