The last edition of the in-cosmetics show was the largest edition in its 26-year history. Over three days, 9,726 unique visitors attended the event - a 14 per cent increase on the 2015 event. Visitors hailed from 131 countries, with 63 per cent travelling to France from other European countries, as well as Asia, North America and South America.
Covering 16,236sqm (1508 m2), the 2016 show’s footprint also increased by 11 per cent, while exhibitor numbers rose from 708 to 784.
“This year’s in-cosmetics was busy from the first minute,” said Valérie Lavallée, Product Manager at Lucas Meyer Cosmetics.
Hundreds of visitors joined this year’s Marketing Trends presentations over the three days. Particularly well-attended were seminars presented by Jamie Mills of Canadean who discussed the opportunities in anti-ageing, and a session on US trends and their local and global impact given by David Tyrrell of Mintel. Delegates were also keen to hear the latest views on green, natural and organic products, dermocosmetology and the use of 3D printing in the cosmetic industry.
During the event, the in-cosmetics Group announced a rebrand of its shows. Boasting a new logo, the Europe-based event will now be known as in-cosmetics Global, reflecting its international audience. The organiser also revealed that the 2017 event will take place in London for the first time in over 15 years.
Strong market growth
Fuelled by the strong demand for good quality and effective cosmetic products, the global cosmetic ingredients market is forecasted to grow at high rates between 2016 and 2026. Changing lifestyle in developing regions of Asia Pacific and Latin America, increase in per capita income, rising awareness about beautification and increasingly urbanized population, as well as ageing population in developed countries, will bring a sea of opportunities to cosmetic ingredients manufacturers and suppliers.
According to Kline, performance-oriented multifunctional personal care ingredients have grown the fastest in 2015. “As formulators are increasingly selecting specialty ingredients to improve the performance of their formulations, the share for such personal care ingredients has increased from 40% to 45% over the past several years,” explains the market research firm in a recently published Personal Care Ingredients: Global Market Analysis.
For example, consumption of preservative boosters, such as caprylyl glycol, glyceryl caprylate, and ethylhexylglycerin, is growing at the expense of traditional preservatives as they also deliver emolliency to formulations. Similarly, PEG derivatives that act as a rheology modifier and also have emulsifying properties have increased over the past few years and are expected to grow further in the future.
According to Kline, synthetic ingredients are dominating the personal care ingredient industry, but natural ingredients are increasing their share as consumers are looking for products with such ingredients.
The next edition of in-cosmetics Global will take place at London’s ExCeL from 4-6 April 2017.