Industry Trends
July 2024
See what has been happening in Asia’s pharma and personal care industries over the last weeks. What are experts and industry magazines talking about?
What has been happening?
How to check if the health products you get online are genuine, Parents of adolescents say acne is top skin concern for their child, What to do for better skincare, and more. See what industry experts have been discussing in the last four weeks.
Latest Industry Articles
Too good to be true? How to check if the health products you get online are genuine
With the increasing demand for health supplements, consumers face ever greater risks of unscrupulous vendors using e-commerce to pass off counterfeits as heavily discounted products. Also riding on the interest in health and wellbeing in the post-Covid 19 era are sellers marketing products catering to this demand, but without the necessary consumer safety and quality controls.
Parents of adolescents say acne is top skin concern for their child: CeraVe survey
A recent survey by CeraVe has revealed that acne is not just a common concern but the most discussed skin care issue between parents and teens, shedding light on a significant demand for effective options from cosmetics and personal care product manufacturers and suppliers.
Why you are not really getting the benefits of that collagen soup or ‘beauty pot’, and what to do for better skincare
Behold the marketing claims that say collagen broth or the “beauty hot pot” will give a youthful glow to your face and prevent wrinkles or the loss of elasticity to your skin. No matter how enticing it is, as a consumer, you need to know the science behind how it works, so that you understand what happens as you watch that translucent jelly-like collagen melt in the pot or swirl in your bubble tea.
Biotech company Lygos breaks into personal care market with biodegradable polymer
California-based Lygos has launched a new biodegradable polymer with reported applications include skin care products and permanent hair dyes.
“Ranges are becoming too complicated”: Decléor UK founder on new longevity skin care brand
We spoke to beauty industry veteran David Lieber, who founded the UK branch of DeclÃor, about his new paired-back, naturals-based skin care brand…
Consumer survey reports growing 'sunxiety' is fueling demand for multi-functional sunscreens
As consumers’ anxiety about sun exposure increases, a new study by Veylinx revealed insights into the consumer demand for multi-functional sunscreens that not only protect against UV rays but also offer benefits such as anti-aging, hydration, and vitamin C based on reported consumer use habits.
Neutrogena aims to capture ‘substantial opportunities’ in Thailand’s anti-ageing market
Skin care major Neutrogena believes it can lead the anti-ageing skin care segment in Thailand on the back of its latest retinol-based launch.
Debut and L’Oreal bolster sustainable beauty partnership
Debut and L’Oreal have signed an agreement to develop more than a dozen bio-identical ingredients to replace conventionally sourced ingredients used in the French beauty giant’s global beauty and personal care brands across skin, hair, color cosmetics and fragrances. Under the terms of the deal, Debut will create new bio-based ingredients using green sciences that marry the best of nature with supply chain transparency, safety and consistency.
Acupuncture Aids Sleep in Patients With Parkinson Disease
Acupuncture is associated with improved sleep quality in patients with Parkinson disease, according to a study published online June 26 in JAMA Network Open. Mingyue Yan, Ph.D., from the First Clinical College of Guangzhou…
Givaudan acquires b.kolor to expand makeup & skin care offer
Swiss beauty and fragrance ingredients company Givaudan has acquired b.kolormakeup & skincare (b.kolor) ‘ an Italian beauty manufacturer that specialises in developing and producing finished colour cosmetics and skin care products.
Cetaphil unveils digital campaign to celebrate men’s skin care
Global Cosmetics News
Galderma’s Cetaphil brand has launched a campaign designed to encourage men to embrace a skin care routine. The derma skin care line’s Made For Phil campaign features two videos made for social media designed to shift the dialogue on male skin care.
Timing of Metformin Important in Metformin-Treated Type 2 Diabetes
Drugs.com
Glucose lowering by metformin is greater when given before enteral glucose among patients with type 2 diabetes controlled by metformin monotherapy, according to a study recently published in Diabetologia. Cong Xie, Ph.D…
How to win over… Asia’s sophisticated skin care consumers
CosmeticsDesign-Asia
We reveal exclusive insights into the Asian skincare market with expert viewpoints from Melvita, Elizabeth Arden, StyleStory, and more, discussing the shifting landscape, emerging consumers, and strategies needed to stay ahead in this increasingly competitive market.
Beiersdorf CEO: Our market share is growing in China but it’s tough out there
Global Cosmetics News
Beiersdorf CEO, Vincent Warnery warned investors that China’s luxury skin care market is declining strongly and that the company expects that the second quarter of the current financial year will be difficult for China’s prestige skin care sector after a tough first quarter. According to a report published by Reuters, Warnery revealed that the company’s La Prairie brand saw its market share grow in China.
Baum to exit China
Global Cosmetics News
Shiseido-owned Baum is pulling out of the Chinese market. The J-beauty skin care brand will not accept further orders via its Tmall flagship store, effective immediately; physical locations are said to have shut up shop last month. According to a report published by Jing Daily, the luxury skin care brand has also discontinued its mini program service.
Thailand to close inbound duty free stores to encourage domestic spend
Global Cosmetics News
Thailand’s government has announced that it intends to shut down duty free stores in international arrivals zones in airports in a bid to encourage tourists to spend in local retail stores instead. According to a report published by the Bangkok Post, Thailand’s three operators of inbound tax-free stores have agreed to shutter stores at eight international airports. Tax benefits for bonded warehouses for duty free stores in arrivals will also be scrapped.
SK-II Launches First Concept Store in Kuala Lumpur
Global Cosmetics News
Skincare brand SK-II has launched its first concept store in Malaysia’s Kuala Lumpur, located in the Mid Valley Megamall. The store’s design emphasizes the stories of the house of SK-II, featuring a product discovery area with Sugidama-inspired balls and surface designs reflecting Toji masters’ rice patterns. Art pieces created by a ceramic potter from Pitera’s homeland, Shiga, are displayed to illustrate the skin benefits of each SK-II product line.
Estee Lauder unveils Skin Longevity Institute in China
Global Cosmetics News
The Estee Lauder Companies’ flagship brand is opening a new retail concept in China’s Hainan province this weekend. The Skin Longevity Institute, as the new space has been named, will offer a series of facial treatments, skin analysis services and stock the Re-Nutriv line. According to a report published by WWD, the Hainan store stretches over two floors and features a private consultation space.
Dr. Jart+ now available in PHL
BusinessWorld
According to Cosmopolitan magazine, supermodel Gigi Hadid (and probably, her cohorts) is hooked on Korean skincare brand Dr. Jart+. Now Filipinos can pamper themselves like Gigi, because the brand was just launched in the Philippines. In an event on the first day of July in Makati, the brand, bought by beauty giant The Estée Lauder Companies Inc., was officially launched in the country. It is currently sold at Watsons and LOOK At Me stores, and its products cost between P300 to P2,250.
The critical role of caregivers and government support in an ageing Malaysia
The Malay Mail Online
Malaysia is experiencing significant demographic changes, notably an increasing number of senior citizens. According to the Malaysian Department of Statistics and the Ministry of Health, Malaysia is projected to become an ageing nation by 2030. The World Health OrganiSation (WHO) reports a similar global trend: currently, one billion people worldwide are 60 years old or older. This number is expected to rise to 1.
Why are drug prices so much higher in Indonesia than Malaysia? Jokowi tasks his ministers to find a cure
Channel NewsAsia
Prices in Indonesia of common drugs for hypertension and high blood pressure are two to nearly four times the prices in Malaysia, a check by CNA found.
Pharmaceutical industry sees upside when government expands drug procurement
BusinessWorld
PHARMACEUTICAL companies are pinning their hopes on an expansion in government drug procurement under universal healthcare, the Philippine Pharmaceutical Manufacturers Association (PPMA) said. PPMA President Higinio P. Porte, Jr. told reporters late Monday that Philippine manufacturers command only a 5% share in government procurement, underperforming their 40% share of drug output.
Mugwort, soybeans, deep sea water
BusinessWorld
Used by Korean celebrities, K-beauty brand Round Lab is now in the Philippines, having been launched at Rockwell’s Balmori tent on June 26. During the event, the brand emphasized its use of natural ingredients found only in select regions in Korea. Round Lab’s Pine Cica product line uses pine trees from Yangyang County in Gangwon Province.
Bali's famed skincare brand Sensatia Botanicals finally arrives in Malaysia, opens first store at Exchange TRX
The Malay Mail Online
Here is sweet news for fans of Sensatia Botanicals. The Balinese skincare brand renowned for its sustainable ethos and natural ingredients is finally in Malaysia, thanks to luxury lifestyle specialist The Melium Group. Located in The Exchange TRX, Sensatia Botanicals brings the lush essence of Bali to Kuala Lumpur.
Karmart to launch two new derma beauty brands in expansion and premiumisation effort
CosmeticsDesign-Asia
Thai beauty conglomerate Karmart will launch two derma skin care brands later this year as part of plans to expand and premiumise its beauty portfolio.
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