Euromonitor to Speak at Personal Care Expo India 2016
Event: The Personal Care Expo
Location: Pragati Maidan, New Delhi
Date: 22nd – 24th August 2016
Event Description: Personal Care India Expo is a trade event catering to the personal care, cosmetic & home care ingredients, machinery and packaging industries. The event is attended by key players of the Cosmetics Ingredients, Raw Material and Contract Manufacturing, Packaging and Machinery, Ayurveda & Nutraceutical ingredients to connect, share and ideate. Conducted over three days, the event provided an industry platform for buyers and sellers to meet cosmetics & ingredients manufacturers, exporters/importers, distributors, consultants and trade bodies.
Speaker: Shreyansh Kocheri
Presentation Title: Beauty and Personal Care: Consumer Insights for Global Markets
Presentation Description: The global beauty and personal care sustained another positive year in 2015 despite slowdowns in emerging markets. Colour cosmetics and premium beauty gave a strong boost to global performance, driven by strong demand for high quality, self-expression and individualism. In fact, premium beauty reached historic highs in 2015 fuelled by further growth in the US, while the continued penetration of staple categories maintained opportunities in mass beauty in Asia Pacific. All eyes are now shifting towards Indonesia and India as the next frontier growth markets with both growing in double digits in 2015 and expected to enter the top ten beauty and personal care markets by 2020.
In India, the growth in sales of mass products has slightly slowed down leading to a slowdown in the overall growth of beauty and personal care sales in 2015. However, demand for premium brands continues to remain high as urban consumers with increased disposable incomes are trading up to premium products.