Cosmetics and fragrance are the segments of the luxury market that are seeing the biggest growth and are a key focus in Europe according to top industry executives.
In an industry renowned for its luxury image, there are signs that manufacturers’ attention is turning to the sustainable development of cosmetics packaging, although there is a long way to go.
China has recently overtaken the US as the second largest market for luxury goods and growth is not expected to slow, making it a crucial target for high-end cosmetic players.
