Cosmopack, the premier international trade fair for the beauty supply chain and part of Cosmoprof Worldwide Bologna, organised by BolognaFiere, presents the first edition of the International Business Forum & Exhibition at New York’s Hilton Midtown Hotel on September 16-17, 2015.
Cosmopack caters for the cosmetics industry’s entire supply chain and the 2015 edition brought the most important international firms to Bologna: from contract manufacturing to major producers of machinery and technology, from primary and secondary packaging manufacturers to companies specialising in raw materials.
The project was launched in 2014 with the Cosmopack Symposium, which brought the very best of the Italian and international supply chain to New York, and has since developed into a forum. This new concept focuses exclusively on B2B meetings and offers companies the chance to meet selected buyers interested in establishing new business relationships and partnerships to develop their product lines.
Cosmopack’s International Business Forum & Exhibition is a vital networking opportunity for the beauty business community: workshops, in-depth meetings and round tables focusing on the American market enrich the content of the event, facilitating business opportunities and encouraging the development of new projects.
The forum is organized in partnership with ICMAD –Independent Cosmetics Manufacturers and Distributors– the trade association for the American cosmetics industry, and with Cosmetica Italia and Polo Tecnologico della Cosmesi, which represent the Made in Italy brand throughout the cosmetics world.
The presence of major international trade publications will also offer participants a complete overview of the latest market trends.
Duccio Campagnoli, President of BolognaFiere, said, “Cosmopack International Business Forum & Exhibition is an event designed and organised especially for businesses because we are firmly in favour of developing the American market for Italian and European companies which manufacture and provide highly advanced solutions for technology and creativity in the beauty industry. These companies serve the biggest global cosmetics firms, including many based in America. Enabling them to meet with top buyers and specialized press means that they can experience the US market at first hand. We already have a strong presence in the American market with the Cosmoprof North America trade fair, the biggest in the sector, which we organise in partnership with the PBA (Professional Beauty Association). The US market is the leading market worldwide, ahead of even China and Brazil, and we believe it is important to establish a meeting platform for the East Coast, home of the manufacturing district for the biggest American cosmetics firms. Thanks to our partnership with Cosmetica Italia and Polo Tecnologico della Cosmesi we can offer this opportunity to a selected group of businesses, with the aim of giving them a service which is increasingly fitting to the global scenarios that they operate in.”
Fabio Rossello, President of Cosmetica Italia, commented, “Our association also welcomes this new edition of Cosmopack International Business Forum & Exhibition in New York. The American event enhances the value of the entire cosmetics industry supply chain, with a special focus on subcontracted producers, who have stood their ground solidly during the crisis of the last few years. In particular, the industrial output value of over 9,300 million euros confirms the sector’s ability to react. Evidence of this ability can be seen on the international markets, where Italian production has demonstrated its capacity and potential with an increase of 5% in 2014. Industrial indicators such as qualified employment, constant investment in research and innovation and often-overlooked financial solidity also play a vital part in consolidating this excellence. Cosmetica Italia has drawn attention to the value of the wider cosmetic supply chain through an extensive study, ranging from ingredients to machinery via packaging to the finished product. This has highlighted the excellence of the individual links in the chain and, most of all, its ability to be an integrated competitive system worth more than 14,000 million euros overall and with a predicted growth of 3% in 2015. Just as in the first edition, cosmetic manufacturing firms taking part in the event will be offering local buyers all the proficiency and competitive flexibility of the Made in Italy system, an expert mix of technology, innovation, creativity, quality and reliability of cosmetic products.”
Matteo Moretti, President of Polo Tecnologico della Cosmesi, said, “The New York event is an occasion not to be missed for the Polo Tecnologico della Cosmesi. It’s an ideal platform for our association to demonstrate its work in promoting incentivisation and spreading technological innovation within the cosmetics sector, as well as its support for internationalisation initiatives by associated businesses. Cosmopack International Business Forum & Exhibition in New York is the ideal place for establishing partnerships and economies of agglomeration and fostering the exchange of best practices between companies.”
The USA, which according to the latest industry research is the most important market in the beauty sector, with impressive growth rates predicted until 2018, is a market that has always anticipated trends in the cosmetics industry. New York has been chosen as the ideal location for an event that aims to be an international meeting point for the beauty business community, where all the components of the supply chain will come together. The forum has been designed with the beauty industry and for the beauty industry. The most important American retailers interested in developing their own cosmetic product lines, the major importers of packaging and machinery for the cosmetics industry, the decision-makers for the leading manufacturers, as well as brands in search of innovations for their product lines, will all be invited to take part in the meetings.
The project is designed to cater for the make-up, skin care, nail, products containing alcohol and personal care sectors.