Madilogpreneurship – Cosmetics and aesthetics have become a basic need for women, no need for men, anyone must look beautiful and attractive at all times. Various cosmetic brands as well as aesthetic technology are always developing, calling the cosmetic and aesthetic business a never-ending opportunity as a business.
Anyone who wants to look attractive, that’s actually the opportunity for various cosmetic products, of course, they are very much needed. So, want to know more about trends in the cosmetic and aesthetic business? Check out tips on cosmetic and aesthetic business opportunities with PT Kosmetika Global
Outlook of global cosmetics industry
The global cosmetic market experienced a deep contraction in 2020. According to Statista, the growth of the global cosmetic market fell by 8% last year. This percentage is 13.25% lower than its growth in 2019 which rose 5.25%. This is in accordance with the condition of the world economy which is currently sluggish due to the Covid-19 corona virus pandemic. research, Statista projects that the beauty and personal care market in the world will grow by around 6.46% in 2021. This condition is supported by bold sales which will reach 25.2% this year. Meanwhile, the United States is the largest cosmetic market in the world with revenues of US$ 92.9 billion in 2019 and an annual average growth of 0.5%. China came in second with $69.2 billion in revenue and an annual average growth of 10.8%.
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Become a Beautypreneur with a Million Opportunities
Did you know that the beautypreneur trend is now getting more and more hits with the many success stories of those who are successful in the world of beauty and aesthetics. Beautypreneurs are not only limited to those who have their own cosmetic brands, but also anyone who does business in the beauty world at large. This includes clinic owners and those who work in them. Just look at the growing number of beauty and aesthetic businesses. This opportunity can be exploited by creating a cosmetic/skin care brand by choosing the best maklone companies, one of which is PT Kosmetika Global Indonesia, which provides complete services regarding the manufacture of cosmetics with special formulas.
In Asia, Indonesia is expected to become the fifth largest cosmetic market in the world in the next 10-15 years. The Ministry of Industry noted that the import value of Indonesian cosmetics was US$ 803.58 million in 2019, while the export value was US$ 506.65.
Cosmetics/aesthetics and body care businesses are actually quite lucrative business opportunities, we can imagine the need for these items, which must always be used every day, can already be equated with the main staple food needs.
Running a cosmetics business also knows no seasonality, it can always be profitable throughout the year, even though the price of the goods can be affected by the market, but consumers will always try to get it, no matter the price goes up or something like that.
If you are looking for a business opportunity that is never empty of buyers, then running this cosmetic business can be an option. Besides being fairly easy to run, there are several ways you can do it, you can adjust it to the cost of capital you have.
LIST OF INTERNATIONAL GIANT COSMETIC COMPANIES
- L’Oréal Group
- Unilever
- Estee Lauder
- P&G
- Coty
- Shiseido
- Beiersdorf
- Amorepacific
- Kao
- Max Factor
One of the mainstay cosmetics that we can recommend is Max Factor which has advantages in aesthetics and is durable in various weathers. Here’s a video review about max factor by one of the youtubers, where you can enjoy every method and advantages of max factor. Max Factor is a cosmetic line brand created by Coty, Inc.. The brand was founded in 1909 under the name Max Factor & Company, by Max Factor, a Polish-Jewish cosmetic expert from Congress Poland. In its early days, the product was devoted to make-up in filmmaking, based on wikipedia information.
Other things you need to know if you want to do business in the International Cosmetics sector and especially the American and European markets, include:
Learn the Right Science and Product Information
This is the first step for anyone who wants to do business in the world of beauty. Learn the science of beauty / aesthetics appropriately from teachers or those who have experience. The goal is that anyone who enters this business has a scientific basis as a provision for the beauty/aesthetics business. Being a beautypreneur is not just a business of owning cosmetics, anyone must have the right knowledge. Even though there are many maklone cosmetic manufacturers, you must at least have a scientific basis about the efficacy of an ingredient or beauty trend in order to produce the best product and be accepted by the market.
Creative Promotion, Work Hard and Never Give Up
One thing to remember, the beautypreneur business is quite competitive. There are quite a few brand owners today. Anyone must work hard in developing a cosmetic brand business. One way is to diligently promote online and offline. Don’t hesitate to invite fellow media/beauty influencers/public figures to review cosmetics. The more positive reviews, of course the better your cosmetic brand. Do not give up with the existing obstacles. madilog.id
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