Ingredient-conscious consumers are beginning to dominate the cosmetics market as the general population becomes more aware of the social & health issues behind their favorite brands. In advance of the Summit, we broke down some of the industry trends surrounding the use of taboo ingredients.
The Hidden Costs of Information Deficiencies in New Product Development - and What You Can Do to Eliminate Them
The global cosmetics market is growing at a rapid pace of 6.4% per year, and is projected to reach a staggering $675 billion dollars by 2020 (Business Wire). Competition is fierce in this rapidly expanding market as companies vie for their share.This paper examines how information deficiencies are a core issue that creates expensive delays and offers next-generation solutions to eliminate them.
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How can we maintain compliance, even while bringing more new products into more markets? How can we accelerate time to market? And avoid employee burnout? Increasingly, forward-thinking companies are finding that unified, cloud-based software addresses their biggest challenges and unbridles their team’s potential.