The cosmetics and ingredient manufacturing industry is a diverse and growing industry that plays an important role in the global cosmetics and personal care market. This industry includes the production of ingredients and raw materials used in the formulation and manufacture of cosmetics, skin care products, hair care products, perfumes and other personal care products.
Some trends in the perfume ingredients industry include a focus on natural and organic ingredients, in response to consumer demand for safe and environmentally friendly products. Ingredients such as natural essential oils, fruit and plant extracts are becoming popular choices in creating high-end perfumes.
In 2020, the global cosmetics market was estimated to be worth approximately US$463.5 billion and is expected to continue growing in the coming years. In 2024, the school is expected to maintain a strong growth trajectory, with an estimated compound annual growth rate (CAGR) of 3.91%.
07 REASONS WHY VIETBEAUTY X COSMOBEAUTE IS THE GATEWAY TO THE VIETNAM MARKET
1. Direct access to potential customers: By engaging with potential customers at the trade show, brands can gain valuable insights into their needs and preferences. This can help optimize products and marketing strategies.
2. Building relationships with partners and distributors: Establishing connections with partners and distributors can lead to strategic collaborations and expanding the brand’s distribution network.
3. Enhancing brand recognition: Participating in the trade show can increase brand visibility and awareness among customers and potential partners such as distributors, manufacturers, spa owners, and doctors.
4. Showcasing new products and advanced technologies: Trade shows are an ideal platform to introduce new products and advanced technologies in the beauty industry. This generates attention and opens up opportunities to access a broader market.
5. Market research and competitive analysis: Trade shows facilitate market research and competitive analysis. Brands can gather information on market trends, customer feedback, and competitors’ strategies to adjust their own business strategies accordingly.
6. Learning from others’ experiences: Workshops, forums, and related events provide opportunities for knowledge exchange and networking among experts and businesses in the industry.
7. Building networking connections: Establishing a network of connections with experts, manufacturers, distributors, and customers in the beauty industry can serve as valuable resources and support for the brand’s future development.
At Vietbeauty x Cosmobeaute 2024, with only 3 days of exhibition from July 25 to 27, visitors will experience a world-class exhibition space with more than 700 participating units from many countries such as Korea, China, INDIA, Vietnam, HONG KONG, TAIWAN, THAILAND, SPAIN, USA,… . Vietbeauty x Cosmobeaute 2024 promises to bring diversity in products and services. This event is not only a place to connect and trade between OEM/ODM/Manufacturer units and Brand owners, industry-leading businesses, and distributors from manufacturing to finished products and machinery, machinery and equipment, but also an opportunity to learn about new trends and advanced products in the Vietnamese market. We offer engaging industry seminars, the latest market information and exciting activities. Vietbeauty x Cosmobeaute 2024 is expected to attract 10,000 specialized visitors and is definitely the most anticipated beauty event.
