Cosmetic Industry Information to Benefit You!
There is never a shortage of professional industry organizations in any industry. The cosmetic industry is no different. Every single organization promises that all it takes is a payment of the yearly fee and this will open the doors to better business opportunities. For most SME's memberships become expensive. They can not afford to join every organization. This leads organizations to become competitive. Let us take a look at the various cosmetic organization that exists in our industry. These organizations are not limited to one country and can be found globally.
The International Federation of Societies of Cosmetic Chemists is a worldwide federation dedicated to international cooperation in cosmetic science and technology.
As of 2020, there are 49 Societies representing 79 countries that have met the high standards of scientific and educational qualifications of the IFSCC and, as members, support the organization’s aims and programs. This is organization is dedicated to the advancement of cosmetic science, the federation strives to increase and disseminate scientific information through meetings and publications. By promoting research in cosmetic science and industry, and by setting high ethical, professional and educational standards, the IFSCC reaches its goal of improving the qualifications of cosmetic scientists. The number of individual members in the Federation now exceeds 16,000 and we are still growing. These individuals primarily work in the Personal Care and Cosmetic Science Industry. Individuals that work in Biological Science, Chemical Development, Chemical Engineering are encouraged to join. They have an opportunity to learn about the application of their knowledge to the Cosmetic Industry. In reality, there is a significant amount of marketing and sales specialists that join the organization. This is especially true in North America where many companies have their sales employees join the organization to give them a better understanding of cosmetic science.
Personal Care Product Councils and Associations
The Personal Care Products Councils and Associations are professional trade associations representing cosmetic and personal care products companies and serving as the voice on scientific, legal, regulatory, legislative and international issues. In the USA there is the PCPC Personal Care Product Councils. PCPC’s 600 member companies represent more than 90 percent of the U.S. beauty industry, including some of the most beloved brands in beauty and personal care. The PCPS supports companies that manufacture, distribute and supply personal care products in the U.S. In Canada, the Cosmetic Alliance represents more than 150-member companies who manufacture, distribute, and supply personal care products marketed in Canada. These companies are involved in the production of products that essential to living better, healthier lives and include everything from soap, shampoo, and toothpaste to moisturizer, lipstick, and sunscreen. There are similar councils in the EU, UK and Japan. These associations are heavily focused on regulation support and on finished cosmetic products. They are not business-focused like a Cluster would be.
Global Cosmetics Cluster (formerly known as Cosmetics Clusters – the international network) is the first international clusters network dedicated to innovation in cosmetics, composed of 25 members from 15 countries. Clusters are essential to promote economic growth, as well as support and access to innovation. A cluster can form partnerships with other organizations. A cluster can create projects that connect the various individual clusters.
What is a Cluster?
The success of a region within in the industry is not determined by the individual success of single company but as innovations that are produced by the entire regional industry as a whole.
Benefits of a Cluster
Professional guilds are focused on the direct sub-industry sectors like manufacturing, packaging or artisan product development. There are a plethora of organizations that promote the artistic craft of soaps and perfumery. These organizations are more focused directly on their subsector or craft. They do not have a larger scope of the entire industry. They attract smaller companies and often have smaller fees.
ICMAD is a non-profit trade association supporting creative, innovative companies from startups to established multinational businesses of all sizes. ICMAD’s goal is to help our members succeed in the rapidly changing, highly competitive global cosmetics and personal care industry. Since 1974, ICMAD has provided essential guidance and support through business tools, publications, education, networking opportunities, and key advocacy support. We are proud to help our members foster the creativity and innovation that is the heart of the cosmetics and personal care industry.
Take notice that each organization has a unique place in the industry. Each has a value that they can bring to a company. Is it not more productive to form partnerships where each organization specializes in their strengths. Is it not more beneficial to promote each other. The wise old saying that a fist is stronger than 5 separated fingers. Let us form a hand in creating partnerships throughout with various parts of the industry. No more competition. Let us promote each other. The Global Cluster acting as an overall guide that connects the various organizations and encourages partnerships. Let us celebrate science with the IFSCC, and let personal care organizations focus on regulatory issues. No one organization can be successful at everything. If we form partnerships our success will be enjoyed by all the companies across. Organizations should not be in the business of solely selling memberships. This model leaves little incentive for organizers to do events after their salaries are paid. Membership fees are of value as they can provide a base for an organization to compensate its employees. Too many organizations rely on volunteers that do not have long term vision or passion for the cause. Organizations should work to make companies money. They should show a direct connection to membership fees and companies' financial growth. They should provide as much support as possible, as fast as possible in a world that functions 24/7.
The Cosmetic 360 Show is an international cosmetic event that focuses on directing the spotlight on innovations in the Cosmetic Industry. This event is typically held in mid-October over two days (Wednesday and Thursday). There are booths for companies and an area for startups. This show gives a chance for companies of all sizes across the cosmetic supply chain to showcase their best products. The first night of the event features the Cosmetic 360 Show. This show features the awards in the different categories;
RETAIL & BRANDS
Connected beauty, scents, smart data, IoT, distributors, online sales, customization, perfumes, brands, skincare, makeup, certification, consumer experience, organic cosmetics
Extraction, green chemistry, active ingredients, antimicrobials, anti-ageing, biotechnology, ingredients, essential oils, antioxidants
TESTING & ANALYSES
Containers, sensory/emotional analysis, consumer tests, imaging, odour evaluation, efficacy test, skin/hair analysis, 3D skin models
PACKAGING & MANUFACTURING EQUIPMENT
Digital printing, filling systems, eco-responsible, traceability, robotics, industrial machines, laser, engraving, packaging, samples, white label
COSMETICS INDUSTRY SUPPORT FUNCTIONS
Services, software, web agency, data collection, regulations, incubator, the marketplace, research programme, full service, logistics, cloud
OEM, FORMULATION, LABORATORY EQUIPMENT
Masks, textures, manufacturers, formula, makeup, sun protection, creams, colour, full service
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A Word from Cosmetic Cluster Founder
I have participated in Open Innovation since 2016. The first time I was involved with Open Innovation was in 2016. I was searching for events online to get involved with Cosmetic Innovation. I was fresh in the industry and eager to get involved. My first meeting was with Chanel Beauty. It was a great experience to meet the top cosmetic players and to learn from them. Over the years, I had the pleasure of meeting with companies like L’Oreal, LVMH, Yves Rocher, Puig and COTY. I found very little resources or advice to help me prepare for my first meeting Open Innovation Meeting. I wanted to share some tips on how to best prepare yourself for open innovation meeting. Even if the product is not the right fit for the company or companies – this experience will leave you with a much better understanding of the industry and make you a better professional.
My Advice for Open Innovation is the following;
Share Your Most Commerical Innovation
All applicants have the option of submitting multiple projects to Open Innovation. The more commercial the idea or concept, the easier it will be for an established company to implement it. Established companies are always looking for fresh ideas and many companies like LVMH have an entire division dedicated to Outsourcing. Focus on your most promising aspects. Also applying with a project that you would like more support on is a great way to get assistance in finishing it. Do you have a prototype that you cant finalize? Open Innovation might connect you with someone who will open your eyes to the pros and cons of your design. Comments that point of the flaws in a project can be more powerful than positive ones. They can show you the weakness in your project at an early stage.
Research the Companies Before Your Meet
Researching the companies that are participating in Open Innovation. Research their history and company values. This will help you tailor your pitch to the company that you will be presenting your concept to.
Have a concrete business plan
Present as much detail about all aspects of operations as possible. This will help you when you present your project to the company. Established companies want an idea to go to market as quickly as possible as well as Consider the document below to help organize your project. Prepare to give samples of your concept or products. Most companies will ask for the official samples to be sent to their sourcing departments.
Be Open-Minded and Enjoy the Experience
When speaking to established companies that have experience and rich history in the cosmetic industry, it is beneficial to soak up as much as the knowledge as possible. Be open-minded to suggestions for improvement. Sometimes individuals get emotionally attached to their project. Cosmetics should not be reflections of ourselves. They should be reflections on current market opportunities and potential revenue.
As Canada's industrial heartland, Ontario has plenty of pent-up manufacturing capacity waiting to roar to life: both our established manufacturers who are looking for new products to build at scale, and our advanced manufacturers who can out-innovate and out-think global competitors on complex and highly technical products. How do we bring these two streams together to build new manufacturing power in our auto, aerospace, and medical sectors?
This July 7, the Innovation Economy Council (IEC) invites you to a special discussion on the future of Canadian manufacturing. Panelists include:
Canadian Cosmetic Cluster Team
Uniting Canadian Cosmetics and Bringing it to the World