According to Euromonitor, the global cosmetics and personal care market size was valued at RMB 500 billion in 2019 and is expected to register a CAGR of 5% from 2019 to 2024. And in 2019 alone, China's cosmetics market registered a 9% growth, which was higher than the global average.
Meanwhile, despite the impact of the COVID-19 pandemic, China’s cosmetics and personal care market has bounced back quickly. A recent report by China Association of Fragrance Flavor and Cosmetic Industries (CAFFCI) indicated a healthy resumption of production and capacity among businesses, as well as a 19% year-on-year growth rate for the sector.
With the new Cosmetics Supervision and Administration Regulation (CSAR) coming into effect in January 2021, requirements like the registration of new cosmetic ingredients, new provisions for safety assessment, and the need to publish scientific evidence to back efficacy claims will bring significant changes to the cosmetics market.
Occupying an exhibition area of over 45,000m2, PCHi 2021 is set to welcome more than 30,000 trade professionals, featuring over 600 exhibitors from more than 20 countries and regions.
The highly anticipated PCHi Industry Annual Conference 2021 will feature a series of keynote presentations on the latest innovations and trends, followed by in-depth, elective sessions on topics such as technology, policies and regulations, market trends, clinical medicine, and R&D formulation.
Here’s a preview of the exciting line-up that awaits your participation!
Date: 24-26 March 2021
Venue: Shenzhen Convention & Exhibition Center
No. 111, Fuhua Third Road, Futian District, Shenzhen, China
PCHi Conference Plenary Talks: Trend-driven Innovations for a Smart Future
Highlights:To meet the needs of the personal care and cosmetics industry professionals on cutting-edge trends and technologies, PCHi will feature a panel of the most authoritative industry experts who will share their insights on the cosmetic development trends and technical frontiers for coming years.
Topics covered would include the latest cosmetic trends in China and abroad, global beauty trends, color cosmetics, post-pandemic prospects of skin care products, environmental protection and sustainable packaging, and application of artificial intelligence in the cosmetic market.
Who should attend: Senior executives, marketing personnel, and R&D engineers interested in learning more about cosmetics development trends and technologies for the future.
Cosmetics R&D and Formulation Conference
Highlights: Good formulations are fundamental to the success of a good product. Under the new R & D environment, what problems and challenges might formulators encounter in developing functional cosmetics? How to approach the formulation process with new cosmetic ingredients? What are some trends and new market developments for functional cosmetics?
At this conference, industry experts including leading R&D formulators, university professors, and ingredient experts will share more about the innovations and challenges in R&D and formulations, and the future trends of functional cosmetics.
Who should attend: Cosmetics R&D engineers and formulators.
Skin Care Clinical Research & Foundation Conference
Highlights: According to a Roland Berger forecast in February 2020, the size of China's cosmetics market is expected to reach RMB 396.6 billion by 2023, with a CAGR of 9%. Skin care products will account for 79.8% of that growth, owing to consumers’ heightened concern for their skin.
This conference will feature authoritative clinicians and experts from renowned finished products companies, who will analyze the impact of environmental factors (including pollutants, blue light, and face masks) on the skin and corresponding countermeasures. Topics will include clinical mechanism of sensitive skin, causes and treatment of skin barrier damage, efficacy evaluation, and R&D of skin care products.
Who should attend: Personnel involved in skin care R&D and efficacy evaluation, doctors, formulators, and cosmetics engineers of pharmaceutical companies.
Cosmetics Rules & Regulations Conference
Highlights: In June 2020, the State Council implemented the Cosmetics Supervision and Administration Regulation (CSAR), which will come into effect from January 2021. The new regulations will drive a transformation of the quality of cosmetics, while propelling market development.
To better support the implementation of these regulations and aid the industry in understanding the changes and key requirements of the new regulation, PCHi will invite national regulators, experts on cosmetic regulations and evaluation, and executives from the industry’s top companies to unpack the new regulations, discuss the implementation of the regulations, and address possible challenges, solutions, and strategies.
Who should attend: Directors, managers, supervisors, and personnel overseeing regulatory affairs.
Market Trends Conference
Highlights: Market trends determine the direction in which an industry moves towards, and the influence that these trends have on cosmetics R&D and growth cannot be underestimated. This conference provides delegates with the latest market information and has always been a main attraction for attendees.
Hear from authoritative industry analysts and experts as they share their thoughts on cosmetics market trends, consumer behavior, data intelligence, and e-commerce. Topics include post-pandemic changes to the cosmetics market, diverse consumer preferences, and successful e-commerce strategies.
Who should attend: Senior executives, marketing personnel, and third-party institutions who desire to learn more about the latest market trends, brand marketing, and consumer behavior analysis.
Medical Aesthetics & Skincare Recovery Conference
Highlights: In recent years, medical aesthetics skincare products, light medical aesthetic procedures, and pre-/post-procedure recovery skincare have risen to prominence in the cosmetics market. Across the globe, medical aesthetic products and procedures are growing in popularity. A report by Technavio, published in June 2020, forecasted that the global medical aesthetics market would witness a growth of 7% CAGR by 2024.
The inaugural Medical Aesthetics & Skincare Recovery Conference will feature medical aesthetics professionals from established institutions and hospitals, and formulators of reowned finished products companies — bridging the gap between the medical aesthetics and skincare formulation sectors.
Topics include medical aesthetics for skin rejuvenation, development of medical aesthetics skincare products, post-procedure skincare issues and recovery skincare, and the latest changes to efficacy evaluation for post-procedure skin recovery products.
Who should attend: Medical directors and R&D formulators of medical aesthetics products, clinicians in hospitals and medical aesthetics institutions, and other personnel interested in medical aesthetics skincare R&D and efficacy evaluation.
Hair and Scalp Care Conference
Highlights: According to Alibaba’s data on Daily Chemicals the sale of hair care products on the Alibaba platform in just the first quarter of 2020 reached nearly RMB 4.4 billion — with a year-on-year growth of 55% and sales volumes hitting over 50 million. The sale of functional products like anti-dandruff and nourishing shampoo accounted for a large proportion of the overall sales volume. Meanwhile, the demand for anti-hair loss products has risen rapidly due to an increasing number of consumers who are concerned with hair loss issues attributed to increased work-life pressure.
Authoritative clinicians, senior market analysts, and hair care product engineers will share their insights on hair loss, as well as hair and scalp care.
Who should attend: R&D executives, clinicians, marketing personnel of brands and ingredient enterprises concerned about hair and scalp care, hair loss clinical mechanism, treatment, hair care products R&D.
TCM Influences and Innovations in Cosmetics
Highlights: Traditional Chinese Medicine (TCM) is a cultural treasure for China and it offers many useful insights that have stood the test of time. In fact, ancient records tell of many TCM ingredients and prescriptions that can be used for beauty and skin care. Authoritative industry experts and representatives from renowned international enterprises will share more about trends surrounding TCM influences and innovations in cosmetics, TCM theories and applications in cosmetics, core ingredient development, as well as safety and efficacy evaluation.
Who should attend：Cosmetics practitioners who wish to learn more about the application of TCM in cosmetics.
PCHi x Exhibitor Talks
Highlights: Interested to learn more about the latest ingredients? How can these ingredients be applied in products? What insights and experiences have companies gained from product application? What are the new technologies available? This conference brings ingredient suppliers together to share more about industry dynamics from an ingredient point-of-view.
Who should attend: R&D engineers, formulators, purchasing staff, marketing personnel, and senior executives concerned about R&D, application, and trends of ingredients.
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