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Cosmetic industry brief summary
The cosmetic industry in 2005
Essay Cosmetic Industries
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For this assignment Amy and I chose cosmetics and toiletries. A cosmetic is a preparation or substance that is used to alter certain parts of the human body it can change the odours or appearance of the body, clean it or protect it. Some of the items in this industry that are included in the description of the cosmetics and toiletries industry are hair care products, makeup, bath, shower and skin care products, fragrances, male grooming products, oral hygiene products, female sanitary items, deodorant and moisturizer and other cream. After several attempts at researching where cosmetics are produced and manufactured, we found that is very rare for most makeup and toiletry brands to be made in Australia after calling and enquiring to many different companies we found that most products are shipped from America or the UK. However, we did find that Procter and Gamble produces Billie goat soap in Australia and all of Lush’ products are manufactured in Canterbury in Sydney.
Amy: Australia exports cosmetics and toiletries to Japan and Hong Kong. Australia exports cosmetics to these countries mainly because these Asian countries rely on Australia due to the good quality and excellent reputation of our products. These countries rely heavily on Australia for a lot of their cosmetic and beauty needs because Australia’s flora contains many important botanical ingredients including antioxidants and many useful vitamins and minerals, including tea tree and eucalyptus oils.
With no local manufacturing of cosmetics and toiletries, Hong Kong’s beauty product needs are met entirely by international exports. Hong Kong’s consumers are becoming more aware of harsh chemicals being used in cosmetics and toiletries and the demand for natural and organi...
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...tralian cosmetic and toiletries industry to grow. Over the past 5 years this industry has grown in sophistication and professionalism because we are now manufacturing most of our products using organic compound synthesis techniques which are producing more products quickly and products of a higher quality.
Abby: There are many regulations related to exporting cosmetics which include making sure the product is not prohibited to wherever it is going, making sure authorities know what it is and when it is coming and making sure not to brake any EU rules. The specific tariffs that apply to countries like Hong Kong and Japan such as not all health supplements need to be registered and the supplement is recommended to have the used by date on the outside of the packaging and be in English and/or Chinese for Hong Kong and all in Japanese for when we exporting to them.
We all know that cosmetics existed thousands of years ago. Cleopatra used a heavy arsenal of beauty aids to help her shake the foundations of the Roman Empire. Yes, cosmetics and perfumes have a long history, but the consumer industry we live in is relatively recent, a creation of the decades 1890 through 1920. The products hawked in the 19th Century by druggists, perfumers, barbers, physicians, and a colorful assortment of other enterprising individuals were primitive by our standards. Certainly, active ingredients were used with abandon, notably arsenic, lead, and mercury. These were products that really made visible differences, and the consumer was well-advised to be wary of the majority of these mysterious concoctions.
United Kingdom. Committee of Advertising Practice. Committee of Advertising Practice. Accessed November 18, 2013. http://www.cap.org.uk/Advice-Training-on-the-rules/Advice-Online-Database/Cosmetics-The-use-of-production-techniques.aspx.
Recent slow expansion of the company is caused mainly by the limited ways of sale and by the worries about the loss of control in the case of penetrating new markets. The company does not think about any other practices than retail contract sales and refuse the offers from abroad to get MAC products in there. “The demand for MAC Cosmetics is there, but the supply is not. While MAC is one the cosmetic lines highest in demand, finding discounted products is actually not that easy” (Vasen, 2007, p. 1 ) Moreover, there are no media advertisement outside the United States and people often do not even know about the products and their advantages. The statistics show that the leading way to get information about MAC products is via referrals (Bates, 2006, p.
However, due to the fact, there were a few challenges that can lose some of the Chinese consumers due to importation costs and not all products are registered, this can be overcome with the stronger Australian dollar.
Overview NARS Cosmetic is a cosmetic company founded by Francois Nars in New York, US in 1994 (Hollywoodnoirmakeup.com, 2012). It is considered as one of the best-selling cosmetics and skincare products company in U.S.A, Canada, Korea, Japan, and Taiwan (Shiseido Co., 2014). Since the demand for cosmetics is growing every year and people are looking for more quality products, the company decided to open a new branch in the Middle East to have more customers and to satisfy them by making the NARS product more easily accessible. The aim of this paper is to indicate the best country among the GCC to open a new NARS Cosmetic branch by studying every country’s feasibility of a new cosmetic branch. We hope this expansion can please our customers and make better reputation in GCC countries,besides increase our profit.
McSpotlight on the Cosmetics, Toiletries and Household Cleaners Industry. (1997) The Ethical Consumer Guide to Everyday Shopping. Internet. http://www.envirolink.org/mcspotlight/beyond/unilever.html
There are over a thousand ingredients that are used in cosmetics that are already proven to be safe for human use. These ingredients can be mixed and matched creating new and unique products. Many people argue that this is not suitable for the demanding market. The craving for "new" and "im...
"Toxic Chemicals Used in Salon Products." Women's Voices For The Earth. N.p., n.d. Web. 30 Apr. 2014. .
According to the textbook case study, the main reason is due to the market in the United States for cosmetics are very mature, not to mention extremely competitive. Because of this, Avon made the decision to put its emphasis – and resources – in less-competitive markets. (Daniels, 2010)
and carpet care products, and bath and WC cleaners. Henkel, through its cosmetics and toiletries
Exporting is the commercial activity of selling and shipping a good or goods to a foreign country. Importing is the commercial activity of buying and bringing in goods from a foreign country. The benefits of exporting and importing are good to a countries economy as it creates local jobs. The Honda plant in Alliston exports the Honda Civic (a three door hatchback and four-door sedan) as well it is the only facility in the world that builds the full-size Odyssey minivan and the Acura MDX sport utility vehicle.
The US and Western European markets are reaching saturation- therefore cosmetic companies see the future markets for their products in Central and Eastern Europe, Chi...
To conclude, by analyzing the environmental changes that may affect the future profitability of cosmetics retail industry, it is found that there are perfect transportation and some policies that can attract more Mainland tourists to visit Hong Kong. Backed with the significant purchases made by the Mainland tourists, sales in those cosmetics retail chains can be stimulated. Also, as most women care about their appearance, the demands of cosmetics and skincare products are quite high. Overall, this industry is able to remain attractive in the coming future even under fierce competition.
Beauty product can be defined as cosmetics; materials and devices made and sold for the purpose of enhancing the physical attractiveness of users or in other words, as any product, especially a cream or lotion, intended to improve a person's appearance . We live in society where people nowadays are very obsessed with beauty and spending so much money on beauty products. Since we were children, the society taught us that beauty is happiness, wellness and everything. This creates a mindset that only attractive physical appearance is beauty, even though ‘beauty’ is a very subjective word where it can apply to many things. It is a rare sight these days to
Foreign Customs: Since foreign customs regulations vary widely with each country, travelers are advised to learn in advance the regulations that apply to each country that will be visited. If allowances for cigarettes, liquor, currency, and certain other items, are not taken into account, they can be impounded at national borders. Business travelers that plan to carry product samples with them may be required to pay import duties. In some countries, duties and extensive customs procedures on sample products may be avoided by obtaining an ATA Carnet.