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Why do teens use cosmetics?

29-Apr-2004 - According to new research from independent market analyst Datamonitor, teenagers are using personal care products including cosmetics, makeup and hair care items for a variety of purposes; as a means to establish their sense of identity, fit in with their peers and experiment and have fun.

China to lift US cosmetic ban

23-Apr-2004 - The Food and Drug Administration (FDA) and the Chinese government have announced a trading agreement to reverse action taken in China earlier this year that suspended, on public health grounds, the importation of US cosmetics.

Tesco focuses on beauty division growth

21-Apr-2004 - As a global shift emerges towards increased hypermarket sales of toiletries and cosmetics, there seems to be little standing in the way of Tesco's health and beauty sector cashing in on the growing trend.

French market remains strong

21-Apr-2004 - Economic recession seems to have had little impact on the French cosmetics and toiletries market. Sales in the country - valued at almost €11 billion - rose by 5 per cent in 2003, the same annual growth rate experienced for the past five years, reports Euromonitor.

Cosmeceuticals cited as future growth in skincare

16-Apr-2004 - North Castle Partners, an equity firm focused on the healthy living and aging marketplace, has announced the acquisition of cosmeceutical manufacturer HDS Cosmetics Lab. Cosmeceuticals are the key to future growth in the skin care market with sales expected to increase by 20 per cent a year, reports Datamonitor.

Slowdown in Spanish sales set to continue

16-Apr-2004 - Value sales of cosmetics and toiletries in Spain increased by 5.6 per cent in 2003, reports Euromonitor. However this increase represented an ongoing slowdown in average growth rates for the country, a common characteristic in most Western European markets, due to sluggish global economic conditions.

Palomar receives FDA clearance for acne treatment

14-Apr-2004 - Palomar Medical Technologies has announced that it has received clearance from the US Food and Drug Administration (FDA) to market its first laser handpiece for the treatment of acne. According to the American Academy of Dermatology, acne affects more than 80 per cent of the world's population.

Germany's cosmetics market recovers

14-Apr-2004 - Private label and added-value products promoting wellness and beauty are expected to see future growth in Germany in 2005, reports Euromonitor. More confident consumer spending is expected as Germany shows signs of recovery after a mini-recession experienced in the country last year.

Direct marketers of beauty care poised for future growth

07-Apr-2004 - Vorwerk & Co - a German direct selling business - has announced it is to acquire beauty care company Jafra Cosmetics. The acquisition represents the expansion of Vorwerk into the cosmetic, fragrance and skin care market, the largest and fastest growing direct sales segment worldwide.

ISP buys into UK encapsulation

07-Apr-2004 - US hydrocolloid firm International Specialty Products (ISP) continues to consolidate its position in the ingredients sector announcing the acquisition of UK ingredients company Hallcrest. In March this year the ambitious company acquired the business of Biochema Schwaben, a formulator of preservatives and biocides for personal care applications.

Del licenses Elizabeth Arden trademarks

01-Apr-2004 - Del Laboratories - a mass-market manufacturer of nail care products - has announced it is to license Elizabeth Arden trademarks for its new salon product line. The agreement marks the company's first entree into the professional market.

Shiseido and Coca Cola to launch Aroma Works brand

30-Mar-2004 - Japanese cosmetics company Shiseido is gearing up to roll out Aroma Works - a cosmetics and beverage brand - to be launched in collaboration with US soft-drink manufacturer Coca Cola.

Cosmetic wipes to drive market

30-Mar-2004 - Disposable wipes have evolved into a global business concept generating more than $5 billion in sales a year, reports Euromonitor. Achieving strong double-digit growth year after year, the category now assumes a major role in the personal care market.

Anti-aging market thrives

24-Mar-2004 - The anti-aging product market grew by 13 per cent last year - more than doubling its previous two-year growth rate - reports the NPD Group. It comes as no suprise therefore that increasing numbers of pharmaceutical and cosmetic companies are investing millions into finding new remedies to combat wrinkles.

Elizabeth Arden signs up Britney Spears

23-Mar-2004 - Cosmetics maker Elizabeth Arden, a company not particularly known for its teenage appeal, is bringing Britney Spears on board to develop her own fragrance. The deal has been cited as 'risky' by analysts, raising more controversy than Arden's signing of Welsh actress Catherine Zeta-Jones in 2002.

Metrosexual males to claim market share

22-Mar-2004 - Grooming time for British men has increased to an average of 3.1 hours per week - outstripping the average female grooming time of just 2.5 hours - according to a new report from Datamonitor. Manufacturers are advised to persevere as the emergence of the 'metrosexual' male looks set to take off, writes Claire Johnston.

TFF looks to new product development

16-Mar-2004 - Seeing off a drop in sales for the first three quarters of 2003, US flavours company Technology Flavors & Fragrances (TFF) drives further into new product development in the area of cosmeceuticals, announcing a new link up with 'middle-man' technology transfer company UTEK, writes Dominique Patton.

L'Oréal plans for Shanghai R&D base

11-Mar-2004 - L'Oréal, the world's largest cosmetics group, is to set up a research & development (R&D) centre in Shanghai following the group's success in China. L'Oréal's chinese business recorded the highest growth for the international giant in 2003 when sales soared by 69.3 per cent to €148 million, writes Claire Johnston.

Price increases for titanium dioxide

09-Mar-2004 - A rise in global demand for titanium dioxide - a natural sourced pigment used in cosmetics and suncream - has led Millennium Chemicals to introduce a price increase for its Tiona titanium dioxide (TiO2) products sold in Asia, Africa, America and the Middle East.

'Tween' boys: the new niche market?

05-Mar-2004 - OT Over Time - a new company founded by former Procter & Gamble employees - thinks it has found a niche market in the highly competitive personal care sector. The US company is to target 'tween' boys between 9 and 16 years old.

Quest sells ingredients to focus on fragrance

04-Mar-2004 - UK chemical stalwart Imperial Chemical Industries (ICI) will spin off the food ingredients arm of its struggling flavour and fragrance business Quest to Irish ingredients group Kerry. The move is part of Quest's attempt to refocus its efforts on its core flavour and fragrance business and restore its profitability.

Battle for professional hair-care market

03-Mar-2004 - L'Oréal may be seeking to acquire Alberto-Culver to ward off competition in the US hair-care market. With the acquisitions of Clairol in 2001 and Wella last year, Procter & Gamble has made it clear that it is trying to usurp L'Oreal as the global leader in hair-care products.

US beauty industry posts positive performance

27-Feb-2004 - In the last five years an increase in average price has allowed dollars to exceed unit sales in skincare and make-up in the US, reports the NPD Group. The sale of prestige beauty products rose by two per cent to €6 billion in 2003 despite fragrance sales continuing to suffer.

Avon at the ready to direct-sell in China

26-Feb-2004 - Avon Products is to closely follow developments in China this year for a change in direct-selling legislation. Avon - the world's largest direct seller of cosmetics to consumers - says it is ready to resume direct-sales in the world's most populous country if the Chinese government permits it.

Active ingredients surge chemical demand

24-Feb-2004 - Demand for cosmetic and toiletry chemicals is to increase 5 per cent a year to $6.8 billion in 2008, reports a new US study. Advances will be driven by the growing use of active ingredients designed to enhance appearance and counter the effects of aging.

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