News & Analysis on Cosmetics Innovation
It is the largest segment in terms of size and value in the cosmetics and toiletries market, and skin care will continue to add significant growth in the future thanks to further advancements and innovation.
Swizterland—based Induchem took top prize at the in-cosmetics Innovation Zone Best Ingredient award, with its newly launched anti-ageing ingredient Neodermyl.
A lack of synergy between the different categories in Procter & Gamble’s portfolio may mean divesting from color cosmetics and fragrances to improve business performance, a leading analyst claims.
Procter & Gamble continued to post stronger quarterly results, with profits also bouncing back, but both beauty and grooming sales are down as the company continues to fight in order to maintain its market share in these categories.