Despite challenging times within the sector, luxury packaging players have not stopped innovating, according to the organizers of this year’s Luxe Pack event in New York.
With recent industry financial results indicating that the worst of the economic crisis might be over, the first quarter of 2010 has in turn been marked by a flurry of M&A activity.
For active ingredients companies that can offer novel products and easier formulations, the Indian personal care market is a ‘fertile breeding ground’, according to analysts at Frost & Sullivan.
The concept of products 'made just for me' is set to gain
importance with consumers in a general climate of reaction against
mass marketing, according to trend spotter NMI.
The ModulArt dispensing system by German based packaging
manufacturers Pfeiffer looks set to innovate many cosmetic ranges
with its design that targets the on the go consumer - a fast
growing trend within the industry.
