Cosmetics Trends

Cosmetics Trends

Table of Contents
1. Industry Developments 1.1 The Next big thing 'Nanotechnology' Enters Skincare Realm 1.2 Growing Demand for Organic Cosmetic Products 1.3 Male Grooming: An Emerging Sector 1.4 Cosmetic Surgery: A Boom in International Market 2. Country Developments 2.1 US 2.2 India 2.3 Europe 2.4 China 2.5 Australia 2.6 Taiwan 2.7 Canada 2.8 Srilanka 2.9 Korea 2.10 UK 2.11 Thailand 2.12 New Zealand

Cosmetics Trends

Industry Developments
The Next big thing 'Nanotechnology' Enters Skincare Realm
Nano particles are increasingly being used to enhance cosmetics, especially sun care and antiaging products but debate over their safety still continues. Almost, US$ 9 Billion is spent annually on global R&D investments. In view of the fact, that an increasing number of companies are manufacturing products containing nanoparticles, regulatory bodies are developing new regulatory science to address the growth of nanotechnology in cosmetics. So, the personal care industry is doing research in this field and designing new products which promise better results. Research institutes are also doing independent research in this field and coming up with new results about their applications. There is a huge potential in this segment and sustained growth can be anticipated in coming years.

Growing Demand for Organic Cosmetic Products

Today, people are becoming more and more conscious about the chemicals and their harmful effects in the cosmetics. So, they are now more cautious before purchasing the products. Cosmetic industry is very much aware of this trend and hence, they are launching organic cosmetic products, which do not contain chemicals and have no side effects. A new concept of 'Herbal Medicine' is paving its way to the skin care industry. Investors are also targeting the natural personal care industry. Players are globally exploring the markets to tap the hidden growth potential. Regulatory bodies are also leaving no stone upturned, to make sure that harmful chemicals do not make their way into the cosmetics and affect the consumers. It ensures that consumers have full knowledge about the ingredients of products and hence focusing on labeling. These types of activities will impact the small scale industries, which may have to change their manufacturing style to meet the guidelines issued.

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Male Grooming: An Emerging Sector

Gone are the days when cosmetics were solely for women. In this new millennium, more and more men are becoming concerned about their looks and appearances. Driving the market is the emergence of a new male stereotype, the Metro sexual male who is more conscious about his physical appearance and spending huge amounts of money to improve his looks. The global male skin care market was only worth about US$ 193 Million at the end of 2009, but is growing at about 16% annually. The cosmetic industry is utilizing this paradigm shift and launching new products exclusively for men. They are targeting men off all age groups from teenagers to professionals for their marketing. Improving skin appearance seems to be a key concern for men. Cosmetic market is witnessing the inclusion of beauty products for men skin care. Cosmetic companies including big players are adding skin care products to their portfolio. Hair re-growth and styling products are also making their way into the market.

Cosmetic Surgery: A Boom in International Market

Developments in the field of surgery have increased the scope of cosmetic surgery in modern times. Historic records suggest that, the field of cosmetic surgery has been highly benefited by the significant contributions made by various surgical specialties. With the increasing participation of non-traditional cosmetic surgeons, In addition, an increase in participation of nontraditional cosmetic surgeons in the field of cosmetic surgery has directed the future of aesthetic market on a positive track. Now, more and more non-traditional surgeons are incorporating aesthetic procedures into their practices. Cosmetic surgery is more popular in the international markets as people in these countries are more concerned about their looks. Cosmetic surgery programmes by media has helped to fuel a boom in the cosmetic surgery. Moreover, it is estimated that cosmetic surgery market will surpass US$ 3 Billion mark by 2017. It is also expected that facial filters will be increasingly used in therapeutic procedures for cosmetic surgery. This is also good news for medical tourism providers. Low cost of cosmetic surgery abroad will expand the market by providing a solution for those who could not otherwise afford treatment.

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Country Developments
US
September 13, 2010, The Food and Drug Administration (FDA) has banned at least 5 cosmetic products from Japan and Taiwan for having high mercury content. These products were imminently injurious and unsafe to consumers.

Russia

FDA bans 5 cosmetic products from Japan, Taiwan Moscow to host conference CosmeLogic 2010 in September
May 17, 2010, On 23 September 2010, Moscow will host the 5th annual Russia's conference CosmeLogic 2010. Issues like impact of state regulatory authorities on the Russia's perfumery and cosmetic market, expected amendments to the Russia's legislation, and customs regulation of the industry, will be discussed at the conference.
Source: Paid Database

Source: abs-cbn

FDA Seeks to Regulate Cosmetics

July 24, 2010, Representatives Jan Schakowsky has introduced a bill 'the Safe Cosmetics Act of 2010' calling for tighter regulation of the chemicals used in makeup and other personal care products, citing concern over possible carcinogens and other toxic ingredients in cosmetics.
Source: medpage today

Whole Foods Market Demanding Certified Personal Care Products

July 08, 2010, Whole Foods Market, the world's largest retailer of natural and organic products is requiring third-party certification on all personal care products and cosmetics making 'organic' claims sold in the US. Whole Foods Market is implementing new companywide standards to ensure that claims on product labels are accurate.
Source: organicmonitor

Thailand
Bogus cosmetics, foods face crackdown
November 2, 2010, The Ministry of Public Health (Thailand) have announced its plans, along with other government agencies, to crack down on counterfeit cosmetic products, which creates health hazards and major losses to the economy, reporting a figure of 74 such cases during the first 10 months of 2010 with an estimated loss of Bt65.47 Million to the industry.
Source: The Nation

New Zealand
New Zealand updates cosmetics regulations
November 11, 2010, Environmental Risk Management Authority (ERMA) has approved amendments to the Cosmetic Products Group Standard, which regulates cosmetics industry in New Zealand. It requires companies to include additional warnings on packaging for a few categories.
Source: ERMAN

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India
Government to tighten the noose around cosmetic industry
November 19, 2010, The Health and Family Welfare Ministry of India has decided to amend "Drugs and Cosmetics Rules, 1945" to check the sale of substandard and counterfeit foreign products. No cosmetics can now be imported into the country without registration under the rules defined by licensing authority appointed by the central government.
Source: Merinews

Europe
EU Commission and China extend cooperation on cosmetics and medical devices
November 18, 2010, The European Commission and the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ) have extended a Memorandum of Understanding covering cosmetics and medical devices, first signed in 2006. It includes exchange of scientific, technical, and regulatory information.
Source: Chemical Watch

DGCI says cosmetics importers must register

October 18, 2010, National health regulator Drug Controller General of India has made registration compulsory for firms importing cosmetics into the country. The regulator has also issued new guidelines for importing cosmetic goods in the country.
Source: Pharmabiz

New Cosmetic Regulations for EU

October 21, 2010, The EU regulation governing cosmetic products has made changes to regulations, which includes a complete ban on animal testing and introduced a glossary of terms for common cosmetic ingredients to standardize ingredient statements on cosmetic products.
Source: Insidecosmeceuticals

Fairtrade cosmetics making headway in India

August 28, 2010, With local cosmetics companies seeking to obtain 'fairtrade' certifications for their products, Fairtrade cosmetics are beginning to make headway in India.
Source: Times Of India

Big rise in demand for airless packaging in cosmetics

September 16, 2010, According to Airless Packaging Association (ASA), airless packaging has become one of the fastest growing segments in the cosmetics packaging industry in terms of efficiency and design.
Source: Cosmetic Design

European Commission opens dialogue on nano definition

July 20, 2010, The European Commission is requesting comments on what constitutes a nanomaterial, in an attempt to create a clear definition that can be used for regulation of cosmetic industries using nanoparticles in their products formulations.
Source: SCENIHR

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China
Ministry tightens checks on plastic surgery
November 29, 2010, The Ministry of Health has called on various health agencies nationwide to supervise country's cosmetology industry and to check claims made by various clinics following death of two people during cosmetic procedures.
Source: China Daily

Cosmetics products not 100% organic: CF

November 27, 2010, Eight companies selling makeup products failed tests conducted by the Consumers Foundation (CF). The companies claimed their products to be organic but failed to provide data regarding what percentage of their products are actually organic.
Source: China Post

Australia
Australian Certified Organic Receives Certification for Organic Cosmetics in Japan
November 19, 2010, Australia's largest certifier, Australian Certified Organic (ACO), has arrived at an agreement with Japanese Organic Cosmetic Organization (JOCO), which will enable it to use JOCO branding without additional certifications. This will give Australian exporters a competitive edge while exporting to the Japanese markets.
Source: SpecialChem

China: registration of cosmetics resumed

November 16, 2010, The State Food and Drug Administration (SFDA) have approved twenty registration applications for import of cosmetic products into China. The registration process was suspended since April 2010 following changes in regulatory framework.
Source: Premium beauty news

Most cosmetics online violate health standards

November 9, 2010, Taipei City Department of Health (DOH) has announced that a good 86% of cosmetics and drugs sold online are illegal and violate health standards. Several products were found to be tweaked with drugs and sellers were fined NT$30,000 in total.
Source: China Post

Australian industry proposes nanomaterials labeling

September 21, 2010, Accord, Australia and New Zealand's cosmetics association is calling on the government of Australia to amend laws relating to sunscreen and cosmetic products so that companies are required to indicate the presence of nanomaterials.
Source: premium beauty news

Taiwan
Officials to test BB cream to ally consumers' concerns
October 19, 2010, Public health offices have gathered samples of blemish balm cream, commonly known as BB cream being sold in Taiwan stores to determine whether these products contain fluorescent dyes.
Source: Chinapost

Clamp on child cosmetic surgery

August 15, 2010, CHILDREN seeking cosmetic surgery would face mandatory psychological examinations and a threemonth cooling-off period as part of a plan to tighten controls on the cosmetic surgery industry. A ban on cosmetic clinics offering incentives such as gifts, discounts or loans has also been proposed from the Australian Health Ministers' Advisory Council.
Source: Paid Database

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UK
Warning over licensing of beauty salons in the Barnet
October 25, 2010, Barnet Council officers has told that all treatments in a beauty salon must be covered by a licence, including sun beds, tattooing, ear piercing, manicures, and electrolysis. Any practitioner offering hair removal or laser treatment is required to apply for a licence from the council instead of the Quality Care Commission.
Source: Times-series

Botox register regulates risks

October 21, 2010, Independent Healthcare Advisory Service (IHAS) has found that under-trained practitioners are carrying out Botox treatment, which is used as Skin Rejuvenator. The advisory body has decided to tighten the rules for undertrained practitioners for preventing any mishap.
Source: ResponseSource

Canada
Canadian Government Ceases Distribution of Brazilian Blowout
October 8, 2010, Health Canada has stopped distribution of Brazilian blowout products as these contains high formaldehyde % violating the normal standard of 0.2%. It also received complaints of burning eyes, nose, and throat while, using and the solution can cause cancer if inhaled for long time.
Source: 680News

Korea
Seoul to support cosmetic industry
November 17, 2010, With implementation of KoreaEuropean Union Free Trade Agreement (FTA) nearing upon, the government has decided to create a "Skin Information Bank" to increase competitiveness of local cosmetic industry. It will provide information helpful for research and to create products for international customers.
Source: ISRIA

Srilanka
Drugs authority warning on 'illegal cosmetics'
October 9, 2010, The Cosmetic Devices and Drugs Regulatory Authority has warned the public of harmful unregulated Chinese cosmetics and devices that are circulating in the market. Officials have urged consumers to carefully examine the product labels to avoid being harmed by them as most of these products bear Chinese lettering, which makes it difficult for consumers to identify the content of the product or even its expiry date.
Source: The Nation newspaper

Moisturizers Pulled from Shelves over Steroid Content

November 1, 2010, The Korea Food and Drug Administration found steroids in skincare products sold by domestic cosmetics companies. The administration recalled four moisturizers manufactured by three firms, including Jangs Cosmetic and Dives, and suspended their businesses for one year.
Source: The Chosunilbo site

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Cosmetics Trends

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