One year into the birth of BASF's Care Creations business concept, Cosmetics Design caught up with Bettina Jackwerth, head of marketing hair care Europe, to find about its evolution, as well as some of the company's latest ingredients launches.
European brands, in particular Italian cosmetics players are tapping into the Indian markets of late and Officiana Farmaceutica Italiana (OFI) is the most recent brand awaiting a nod from the Foreign Investment Promotion Board (FIPB) to expand its business on the region.
A group of researchers in Europe say they have made a breakthrough that could lead to a topical remedy for the reversal of graying hair.
India has long been a target for many cosmetics and personal care players and it is no different for consumer goods firm Unilever ,which has further invested in its subsidiary in the region.
According to a report by market researcher RNCOS, the Indian baby care sector is estimated to be INR 647.6 billion (US $11.91 billion) in 2012, and is forecasted to register a CAGR of around 17 per cent from 2011-2015.
The luxury cosmetics and fragrance player continues to grow sales at a market-leading rate on the back of particularly strong international sales, with Western European fragrances leading the way.
Plastic lotion pumps are the fastest growing closure type in the beauty segment as liquid soap booms and the demand for airless technology for anti-aging applications fuels growth.