The personal care ingredients market experienced continued growth in the last few years, despite the negative effects of the slow economy. Fueled by a relatively stable consumption of cosmetics and toiletries during the crisis, the market is expected to recover quickly with anticipated continued growth at an annual volume rate of 2.6% until 2014.
After a difficult period, the ingredients trends when price was the key purchasing criteria, and is once again influenced by the return of innovation as a key buying factor for formulators creating an opportunity for suppliers to develop more added values and take market shares from established products. Among other trends, the largest growth expected is in the “green” product area.
The natural personal care industry has continued to gain momentum globally, providing opportunities for ingredient suppliers to drive innovation and develop key raw ingredients that not only meet formulators’ and consumers’ demand for naturalness, but also offer the performance required to be on par with their synthetic counterparts.
Presentation: “Sparked by Innovation, Fueled by Consumption – Emerging Ingredients Trends”
Conference: In cosmetics
This three-day event brings together the world’s leading personal care ingredients suppliers, formulators, R&D and marketing specialists and showcases the most diverse range of innovative cosmetics ingredients and technologies.
When: March 29, 2011, 10:45 to 11:30 a.m.
Where: Halls 1&3, Fiera Milano Rho, Italy
To find out more about the event, please visit:
Kline’s industry manager to discuss current and future industry influencers for personal care innovation at In cosmetics in Milan
India Holds the Potential for Becoming a Major Consumption Market for Personal Care Ingredients, Anticipates Kline