Cossma1607-08_GB

photos: Cosmetic Campus, Gulnara Khadeeva, Mopic, Matej Kastelic, Solar 22: Shutterstock.com BREXIT AND NATURAL COSMETICS BB/CC creams very popular in the US Premium BB/CC creams have come close to reaching a 40 per cent year-on-year growth in 2015. The US beauty market is currently worth 80 billion USD and is expected to rise to 90 billion USD by 2020: an expansion of nearly 45 per cent in just ten years. The largest percentage of year-on-year growth came from premium foundations/conceal- ers, increasing from 3 per cent to 14.2 per cent. The US colour cosmetics market con- tributes to nearly 25 per cent of all global value sales. The U.S. market was worth close to 14 billion USD in 2015. www.euromonitor.com Premium BB/CC creams came close to reaching a 40 per cent alled and % of This the n the 500 per- ents uros rted east alue d by ture 7 bil- are MERGERS & ACQUISITIONS: INGREDIENTS +++ Croda has acquired the encapsulation and delivery system technologies of the Brazilian based company Inventiva (founded 2008). +++ Geotech International, the Dutch based global supplier of special effect pig- ments, has acquired Paillettes et Pig- ments (PEP), a French supplier of special effect pigments. +++ Lucas Meyer (LMC) has invested in Bio ForeXtra, a Canada based R&D laboratory specialized in the development of active cosmetic and botan- ical extracts. www.crodapersonalcare.com, www.inventiva.ind.br, www.geotech.nl, www.lucasmeyercosmetics.com, www.iff.com, www.bioforextra.com/ ORGANIC MONITOR | Brexit will have a major impact on the UK natural cosmetics market. However, to what extent will not be clear until trade deals are finalised between Britain and the other European countries. In the best case scenario, the UK would have a free trade arrangement similar to that of Switzerland and Norway, in which natural cosmetic brands will continue to come into the UK from the EU with tariffs. In the worst case, tariffs will hike up the prices of imported prod- ucts. The latter is a major concern since more than half of nat- ural and organic cosmetics sold in the UK are imported. The same scenario would also impact the raw materials used as natural and organic cosmetic ingredients. www.organicmonitor.com Brexit will have a major impact on the UK natural cosmetics market www.cossma.com  l  11 ACQUISITION 3i Group has sold Ge- ka Holding to Sulzer. Founded in 1925 Geka is a global manufacturer of brushes, applicators, and complete packaging sys- tems for the cosmetics and pharmaceutical indus- tries with 900 employees globally. www.3i.com, www.geka-world.com, www.sulzer.com News OF THE Month “more than half of natural and organic cosmetics sold in the UK are imported.” Amarjit Sahota, director and founder of Organic Monitor ung ral at 12.6 Sales of the global market for natural and organic cosmetics are estimated to have expanded to 12.6 billion USD in 2015. www.organicmonitor.com – ADVERTISEMENT – COS1607_10_News_Market.indd 11 26.07.16 15:36 COS1607_10_News_Market.indd 1126.07.1615:36

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