News & Analysis on Cosmetics Innovation
Country Focus: Indonesia
Indonesia is powering ahead in terms of economic development, driven by rapid growth in the population and the economy. And this is translating into a surge in beauty product spend and market opportunities.
A new report has found that 58% of French women surveyed say they purchase beauty products digitally, with skin care leading the trend.
Global beauty player L’Oréal’s new Research & Innovation centre is now open for business, bringing its global R&D network to Sub-Saharan Africa for the first time.
The Czech Republic has been singled out as a leader in cannabis-infused topicals, with the country reportedly the major supplier of this type of personal care products for the European and US markets.