The French cosmetics trade plays a number one role within the sector globally. The created in France label is internationally recognised and valued. In 2006, sales in France rose for the fortieth consecutive year, reaching a record level of €6.5 billion.

The worldwide cosmetics associated fragrance trade presently generates an calculable annual turnover of US$170 billion (according to Eurostaf – might 2007). Europe is that the leading market, representing or so €63 billion, whereas sales in France reached €6.5 billion in 2006, in line with FIPAR (Fédération First States Industries de la Parfumerie – the French federation for the fragrance industry). The cosmetics trade depends on continuous innovation and R&D investment for product producing and for promoting, so as to systematically meet safety needs and satisfy shopper desires.

Among the internationally recognized French cosmetics firms area unit L’Oréal (the world’s leading cosmetics cluster, previous North American country company Procter & Gamble and Anglo-Dutch cluster Unilever), Chanel, LVMH, Yves Rocher, state capital Fabre Dermo Cosmétique, Clarins and YSL-PPR. Leading pharmaceutical teams with giant cosmetics divisions, like Sanofi-Aventis and Johnson & Johnson, are major players within the trade.

As well because the main enterprise that’s based mostly in Paris, France conjointly has 2 different specialised clusters during this sector – the PASS cluster (Parfum, Arômes, Senteurs et Saveurs – fragrance, aromas, scents and flavours) within the Provence-Alpes-Côtes d’Azur region, and also the Cosmetic {valley|vale|natural First Statepression|depression} cluster (Sciences de la Beauté et du bien être – Science of beauty and well-being) based mostly within the Centre and geographic area regions.

International teams within the cosmetics sector – like Shiseido, Beiersdorf, Henkel, Coty Inc, Puig cluster and Pacific Europe – have a robust presence in France and like a spirited business surroundings that conjointly is a take a look at market. in line with a 2007 Invest in France Report, there are many major prosperous international investment comes within the field. Pacific Chemicals firm (South Korea) got wind of a fragrance plant in Chartres in 2002, whereas Nigerian monetary unit product Iraqi National Congress (Japan and USA), that specialises in raw materials for the cosmetics trade, is constant to develop its sites within the Haute river region. Natura (Brazil), a pacesetter within the bio-cosmetics sector, has recently opened a complicated analysis centre in France to develop innovative technology for cosmetics.

In addition to the fragrance and cosmetics trade, France conjointly offers experience in associated industries, like bottle producing and also the production of aromas and smells. firms during this field embody Takasago (Japan), a specialist in aromas and perfumes, and Marionnaud, a specialist in distribution, that has been confiscated by Hutchison Whampoa of port.

“The French government actively supports analysis and has introduced the simplest R&D tax-credit system in Europe, that reimburses five hundredth of R&D prices within the initial year. Its budget of over €1.4 billion in 2006 was inflated to or so €2 billion in 2008, following the reform introduced in 2007,” says Philippe Favre, President of the Invest in France Agency.

About the Invest in France Agency

The Invest in France Agency (IFA) promotes and facilitates international investment in France. The IFA network operates worldwide. IFA works in partnership with regional development agencies to supply international investors business opportunities and customised services everywhere France.

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