Euromonitor has released a white paper called ‘Key Strengths and Weaknesses of Top Global Beauty and Personal Care Companies’. We take a look at the top insights.
As the Chinese government pushes ahead with its Made in China 2025 strategy, Euromonitor International reports the leading APAC cosmetics market is set to overtake Germany for the position of top Industry 4.0 implementer.
Increasing awareness among consumers about halal-certified products boosts the demand for Halal cosmetics and the fragrance sector, in particular, which is expected to generate the largest CAGR during the forecast period.
The acquisition of a new business on the flavours side of the Symrise business boosts group sales, but on the fragrance and care side of the business, sales remain stagnant amidst tough market conditions.
Few surprises were seen in the colour cosmetics category in 2013, with Euromonitor reporting value sales of the segment to have declined by over 2% in Spain.
According to market researcher Canadean, despite the Italian skin care segment expected to face a small decline in value growth up to 2017, skin product sales will nevertheless be slightly more positive in volume.
Despite predictions of negative growth forecast for the French skin care market, there are still some positives say analysts due to the attention to detail of the consumer and the continued demand for certain products.
The skin care sector isn’t quite recession-proof but has seen positive growth in the Netherlands thanks to a boost in Face Care, in the shadow of continued economic weakness.
As the personal care giant continues to focus on emerging markets, it reveals it now has plans to double the capacities of its Russian factory in a bid to cater to perfume and cosmetic demand.
The make-up market is colourful by nature and with a host of new trends combined with the high performance in both Europe and the US; Cosmetics Design takes a look at some of the top stories in 2013 in the colour cosmetics category.
More and more Russian men are taking pride in their appearance and worrying about the impression they exude, which, in turn, has boosted the men’s fragrance sector in the country.
Despite the economic crisis over the last few years causing consumers to take a serious look at their spending, it appears they have stayed serious about their look, as UK make-up sales appear to be recession proof.
The significant growth shown in the surfactants and polymers categories in personal care ingredients should see the market boosted in the future according to research firm Kline.
In a difficult time for industry, the UK colour cosmetics market is one of the bright sparks following the economic recession as with nail care products driving sales as expected.
A mixture of the poor British weather and reduced holiday travel plans due to the current economic climate, has taken its toll on the UK sun care market.
Reed Singapharm Exhibitions says continued economic growth in China will lead to a bigger Personal Care and Homcare Ingredients China (PCHi) event next year.
The growth of the Australian cosmetics and toiletries industry has
dipped for a second year in a row, mirroring growth in the general
economy and the slower retail environment. But with income levels
still high the latest market report...
