​What is the Cosmetic Industry?

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Example of Gucci Lipstick - Source Gucci,com

Many individuals think of cosmetics as the finished product, a tube of lipstick or a fragrance in a department store. If you break down the products, you will find that it takes a diverse range of expertise and talent to put together the final goods. Take a look at the image above to see the different areas of production that relate just to the manufacturing of a lipstick.  As you can see even a simple lipstick can be a source for many important sectors within an industry. The cosmetic industry is everything connected to the production and developed of cosmetic goods and materials.

Benefits of a Cluster 

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• ​The purpose of the collaboration is to give small and medium-sized companies a chance to gain resources and technological know-how to succeed in the industry. 
• Increased productivity: easier access to information and resources for product development.
• Faster Innovation: Collaboration in research and development
• New Business support and formation
• Access to local resources such as fresh raw materials (mining, agricultural and chemical distributors)
• Strong regional development will aid in attracting foreign investment.

Past Cluster Events