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SOUTHEAST ASIA PERSONAL CARE PRODUCT MARKETS GROWING IN SCALE AND SOPHISTICATION
South-east Asia is a region that has sharp contrasts in economic development, from between the wealth of Singapore to countries such as Myanmar, where poverty is endemic and consumer markets are relatively undeveloped.
Such contrasts pose challenges for personal care product companies seeking regional strategies to tap the markets of the Association of Southeast Asian Nations’ (ASEAN) 10 countries, whose cosmetics suppliers have to comply with the standards of the ASEAN Cosmetics Directive, which was modelled on European Union legislation.…
COSMETICS MARKET IN MYANMAR STARTING TO TAKE OFF
Liberalising Myanmar’s cosmetics market is expected to grow significantly in coming years as it has one of south-east Asia’s largest populations (53 million people) and a growing middle class. However, however consumer sophistication and spending power remains low compared with many countries in the region – its 2014 gross national income per head was USD1,280, according to the World Bank.…
COSMETICS AND SKINCARE BRANDS LOOK TO APPLICATORS TO BOOST USER EXPERIENCE AS WELL AS PRODUCT DELIVERY
COSMETICS and skincare brands are expecting more functionalities and innovations from applicators to help boost market share. Packaging companies are responding by developing applicators that do not just deliver product, they add to user experience, such as with rolling and massaging functions reminiscent of spa-type applications; applicators with different benefits based on its temperature; and those that ensure the hygiene of the product.…
EUROPEAN DIRECTOR TRAINING VITAL TO SERVE ON A ‘FOREIGN’ BOARD
Significant European Union (EU) company law changes are set to add to the training challenge for non-executive directors who are working on boards outside their home country. The difficulties are compounded where flexibility for member states or companies to implement directives, regulations and recommendations adds local nuances to the know-how required to serve on a board in a jurisdiction with which a director is not previously familiar.…
EUROPEAN DIRECTOR TRAINING VITAL TO SERVE ON A ‘FOREIGN’ BOARD
Significant European Union (EU) company law changes are set to add to the training challenge for non-executive directors who are working on boards outside their home country. The difficulties are compounded where flexibility for member states or companies to implement directives, regulations and recommendations adds local nuances to the know-how required to serve on a board in a jurisdiction with which a director is not previously familiar.…
DEALING WITH DIGITAL ESSENTIAL TO BOOST COSMETICS SALES, CONFERENCE HEARS
Delivering products that are present in everyday life to unknown markets across the globe, online sales are essential to boost the already booming EUR77 billion European cosmetics market, Cosmetics Europe director general John Chave told last week’s ‘Personal care in a changing world’ conference in Brussels (June 13-17).…
UK PERSONAL CARE SECTOR FACES MAJOR CHALLENGES AS BRITAIN VOTES TO QUIT EU
THE UK’s personal care and cosmetics industry faces uncertainty and potential future trade challenges with the European Union (EU) following the 52% to 48% June 23 referendum vote to leave the EU. “No longer being part of a single market for the free circulation of goods and no longer being a key player in the development of legislation governing those goods will be a major challenge to the cosmetics industry as it will be to all other sectors of the UK industry,” Chris Flower, director-general of the UK’s Cosmetic, Toiletry & Perfumery Association (CTPA), told Soap Perfumery and Cosmetics.…
BRAZIL’S LATEST STRENGTH IN PERFUME SALES WILL HELP SEGMENT GROW AFTER COUNTRY’S RECESSION ENDS
BRAZIL’S fragrance sector has struggled as the country continues to struggle through an economic recession that started during 2013, but the industry hopes it has turned the corner and sales are now recovering. In 2015, for the first time in 23 years, Brazilian cosmetics, toiletries and fragrances sales fell, dropping 8% year-on-year, according to the Brazilian Industry Association of Toiletries, Perfumes and Cosmetics (ABIHPEC – ‘Associação Brasileira da Indústria de Higiene Pessoal, Perfumaria e Cosméticos’).…
BRAZIL’S LATEST STRENGTH IN PERFUME SALES WILL HELP SEGMENT GROW AFTER COUNTRY’S RECESSION ENDS
BRAZIL’S fragrance sector has struggled as the country continues to struggle through an economic recession that started during 2013, but the industry hopes it has turned the corner and sales are now recovering. In 2015, for the first time in 23 years, Brazilian cosmetics, toiletries and fragrances sales fell, dropping 8% year-on-year, according to the Brazilian Industry Association of Toiletries, Perfumes and Cosmetics (ABIHPEC – ‘Associação Brasileira da Indústria de Higiene Pessoal, Perfumaria e Cosméticos’).…
COLOMBIA COSMETICS SECTOR FACES END OF BOOM YEARS
A decline in exports has ended the boom years for the Colombian cosmetics sector, but the country still holds high hopes of establishing itself as a major regional player.
Colombia’s cosmetics and personal care sector has been thriving for well over a decade, as economic growth has fuelled a strong domestic market and the country established itself as an export hub for the north of South America.…