Monday, May 6 2024 | Time 18:21 Hrs(IST)
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Business Economy


Bologna Fiere collaborates with UBM India for COSMOPROF INDIA

Mumbai, Feb 8 (UNI) Bologna Fiere, one of the leading International exhibition organisors and UBM India, India's leading B2B exhibitions organisor, have joined hands to launch COSMOPROF INDIA, the new event for the International beauty community.
Scheduled in Mumbai for September 10 and 11 at the Sahara Star Hotel here, the COSMOPROF India Preview will present a new opportunity for brands of finished products, especially for Cosmetics & Toiletries, Beauty Salon, Hair, Nail and Accessories, and for the supply chain, with the leaders in raw materials and ingredients, contract manufacturing and private labels, applicators, primary and secondary packaging.
With successful, signature trade shows in Bologna, Las Vegas and Hong Kong, which cumulatively involve over 360,000 professionals and 9,000 companies from across the world, the Cosmoprof platform is all set now to enter India, a dynamic, growing market for the beauty sector.
With a 60 per cent increase in consumption over the last five years and an overall value constantly increasing, the market in India is expected to reach 20 billion dollars by 2025.
The seminars will offer a unique opportunity to deepen knowledge and gain insights on Indian market trends, raw ingredients required by the local industry, and specific regulations for entering the market.
To increase business opportunities during the event, the show will include an International Buyer Program by Cosmoprof Worldwide Bologna that will facilitate B2B meetings between companies, distributors, buyers, importers and suppliers from India, United Arab Emirates and South East Asia.
Speaking at the announcement of COSMOPROF INDIA, Managing Director of UBM India Yogesh Mudras said, ''Currently, the market share for the Indian Cosmetics Industry stands at 4.6 billion dollars out of the global 274 billion dollars.
According to Gianpiero Calzolari, President of Bologna Fiere Group, ''With Cosmoprof India, we are adding a new event to our international platform, facilitating business opportunities for leading international companies''.
UNI JM RJ 1656
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