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INDONESIA’S PERSONAL CARE SECTOR HOLDING STRONG AS NEW AVENUES FOR SALES OPEN
Indonesia’s personal care product sector is faring well at first glance, with domestic sales more than doubling in size in value terms over the past five years. Multinational companies see it as a lucrative market, while local firms also seem to hold their own.…
TURKEY CARPET SECTOR CONTINUES TO THRIVE DESPITE COUP ATTEMPT
TURKEY’S carpet sector continues to thrive according to recent trade data, with the industry association saying the sector was not harmed by the recent attempted military coup against the elected government.
According to recent figures from the European Apparel and Textile Confederation, Euratex, Turkey was once again Europe’s leading supplier of carpets in 2015, with a 3.5% year-on-year increase in sales from 2014, to EUR378 million last year.…
AVIATION SECTOR GETS CREATIVE ON IMPLEMENTING NEW TRACKING SIGNAL RULES
THE CIVIL aviation industry and its suppliers are innovating solutions to comply with the new tracking rule from the International Civil Aviation Organisation (ICAO) which came into force in July and will be compulsory for new planes with a take-off mass exceeding 27,000kg from January 2021.…
SPA MARKET REPORT – MIDDLE EAST AND AFRICA
The United Arab Emirates’ (UAE) spa market experienced healthy growth in 2015 compared to 2014, increasing 11% in value terms to reach Emirati Dirham AED1.57 billion (USD428 million), according to market research company Euromonitor International.
In 2016, the market is predicted to grow by 9% to hit USD435 million year-on-year, accounting for nearly 14% of the Middle East and Africa’s USD3 billion spa market, according to Euromonitor.…
MIDDLE EAST AND NORTH AFRICA MALE GROOMING SEGMENT GROWS IN SIZE AND DIVERSITY
The male grooming market in the Middle East and North Africa (MENA) has grown significantly over the past decade as men become more image conscious and brand aware.
This MENA market “is growing and performing quite well, at around five per cent growth a year in constant terms,” said Amna Abbas, a research analyst at Euromonitor, in the United Arab Emirates’ (UAE) Dubai.…
KAO LAUNCHES HIGH-TECH INTERACTIVE AND EMOTIONALLY-SENSITIVE RESEARCH FACILITY
COSMETICS giant the Kao Group has opened a state of the art research facility at its existing plant in Odawara city, around 80 km south-west of Tokyo. Its new Beauty Research & Innovation Centre includes laboratory space where the company’s scientists, developers and marketing experts are encouraged to interact through technology in the search for new products.…
EUROPEAN TECHNICAL TEXTILES RETAINS GROWING DEMAND AND EXPERTISE, BUT ASIAN RIVALS COULD THREATEN MARKET POSITIONS
BIG marketing stunts can boost sales of technical textiles and maybe one of the biggest examples in Europe this year was created by world renowned artists Christo. He created ‘The Floating Piers’ on Lake Iseo, near Brescia, in northern Italy.…
CHINA TO BRING IN COSMETICS EFFICACY REGULATIONS TO A RAPIDLY CHANGING MARKET
Authorities in China are currently developing a new range of regulations aimed at efficacy claims that when passed will have a broad-ranging impact for domestic and foreign cosmetics manufacturers, alongside other regulations covering labelling and ethics. The proposed regulations are aimed at standardising the industry and providing a basis on which prosecutions can be brought in order to reduce safety concerns.…
ASSET INTEGRITY RISES ON GULF STATES’ AGENDA
Oil and gas owners and operators working offshore in the Middle East face looming corrosion and erosion detection and prevention challenges to continue operating their ageing assets efficiently, safely and within regulatory requirements in the Gulf Cooperation Council (GCC) member states.…
ASIA - FUTURE OF HR
WORKFORCE DEMOGRAPHICS
East Asia is a very varied region in terms of economic development. Take the 10 members of trade bloc ASEAN (the Association of Southeast Asian Nations): with 632 million people, demographics greatly vary, from aging Singapore and Thailand, to the younger and emerging economies of Indonesia, Cambodia, Vietnam, Malaysia and the Philippines.…