London – Global sales of natural & organic beauty products are projected to reach USD 9 billion this year. Although consumer demand for natural & organic products remains buoyant, new research finds the growth rate is slowing because of the weak economic climate.
London – Natural cosmetic sales are increasing at a fast rate in Asia, however the market is blighted by false marketing claims, mislabelling of products and consumer confusion.
London – Healthy growth in the Middle-Eastern market for natural cosmetics is continuing in spite of political instability and social unrest. A new report by Organic Monitor (www.organicmonitor.com) predicts revenues will expand by about 20% this year. Natural cosmetic sales are increasing at a fast rate in key country markets, although turbulence in the region has curbed investment and consumer spending power.
London –Organic Monitor has unveiled the first Asia-Pacific edition of its Sustainable Cosmetics Summit (www.sustainablecosmeticssummit.com). Taking place in Hong Kong on 7-8th November, the summit aims to help establish natural & organic beauty products in the region.
London – The thorny subject of sustainable fragrances is the focus of Organic Monitor’s upcoming Natural Cosmetics Masterclass. Taking place in Paris on 2nd March, the Masterclass aims to unravel some of the major technical & formulation issues associated with sustainable fragrances.
Although there is considerable interest in sustainable fragrances, Organic Monitor finds the adoption rate remains low because of many sourcing and technical hurdles. Raw material availability, quality and stability are some of the major barriers to adoption. This new Masterclass will highlight the major hurdles associated with sustainable fragrances and propose potential solutions.
No Better Time to Grow Your Business in Asia
The 2nd international presentation of Natural Products – Organic Asia 2004 (NPOA 2004) is set to return on November 3 – 6 2004 at the Singapore Expo. Already worth US$23 billion, the global market is still expanding. This is especially evident in Asia where market growth is estimated at 15% annually.
Although North America and Western Europe constitutes the largest market for natural and organic products, growth is starting to plateau. It is in Asia where a huge market is emerging.
NPOA 2004 will be the ideal time to emphasize to consumers the benefits of going natural in light of the growing concerns for personal well-being and the environment.
More Information: http://www.npoasia.com
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