Page 186 - CW E-Magazine (18-2-2025)
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Special Report
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                   Prior to GST                65%                           35%



                      Present                     75%                           25%



        Expected future trajectory                  80%                          20%
 Expo & Conference News
                             0%         20%         40%         60%         80%        100%        120%

                                     Organised sector (%)  Unorganised sector (%)


                               Fig. 3: Share of organised and unorganised sectors in Indian paint industry
       Source: CareEdge Ratings and CMIE
       the medium term. New players’ capex  likely to experience changes in mar-  and  increasing  affl uence,  rising  dis-
       is primarily  funded through a mix  of  ket share and pressure on the operat-  posable income, shortening of the re-
       debt  and equity infusion  from large  ing margin due to the twin impact of  painting cycle, demand recovery from
       conglomerates with deep pockets.  cost and price. Nonetheless, the sec-  semi-urban and rural areas, affordable
                                         tor is poised to grow at 8-10% with a  housing projects, spending on large
       CareEdge Ratings’ view            somewhat lower operating  margin  of  scale infrastructure projects and de-
          “With signifi cant investment plans  around 14% in FY26 as compared to  mand from automobiles sector,” said
       by new players having substantial  the average of around 18% in the last  Richa Bagaria,  Associate Director at
 able  individuals driving  innovation   vered by experts from a wide range   running the session ‘Unlocking the   fi nancial  resources,  the  industry  is  fi ve years, reinforced by urbanisation  CareEdge Ratings.
 and success in the Asia Pacific beauty   of cosmetic organisations, who will   benefits  of multifunctional  1,3-pro-
 sector, including  R&D  professionals,   take attendees through a variety of   panediol to maximize  performance’.
 scientists,   innovators, and   role   formulation  techniques  focusing  on   Homing in on a key focus area for
 models. The 9 Faces will be selected   everything from foundation, UV, anti-  formulators, Ms. Gwendolyn Neoh at   Chemical Weekly Buyers’ Guide
 by an expert judging panel and the   acne and  pore care to suncare  pro-  Ashland will be running the session
 winners will receive a certificate,   ducts, propanediol and sustainable   on ‘AI driven 4D defences – Vitamin   www.cwbg.in
 recognition, and will be honoured at   cleansing.  D boosting @ hydrating jelly mask for   www.cwbg.in
 the ‘In-cosmetics Asia Awards’. The   acne and pore care’ on 5 November. On
 awards celebrate the most innova-  In the APAC market, foundations   the same day, Mr. Carlos Ilao, Busi-  Pocket-Friendly Pay-as-you-use Subscription Plans
 tive ingredients from the ‘Innovation   with a lightweight fluid texture are   ness Development Manager APAC at
 Zone’ and ‘Spotlight On’ categories.  gaining popularity but it can be dif-  Clariant Southeast Asia, will work   Opt for a scheme that suits your needs and make best use of India’s most authentic directory
 ficult for formulators to achieve low   with participants on sunscreen formu-
 ‘Formulation Lab’ highlights  viscosity, high coverage products. Ms.   lation  in the ‘Encapsulated UV  filters   for sourcing chemicals and related products.
 In-cosmetics Asia also announced   Thalia Nghiem, from Kobo Products   for ultra- light sunscreen with high UV   Subscription plans
 an extensive programme for its ‘For-  Asia Pacific will explore this in  her   protection’  session. Meanwhile, Ms.
 mulation Lab’ – the interactive labo-  session on 5 November, where partici-  Haruna Sawaguchi, Technical Market-  Plan  Hours of usage  INR*  USD*
 ratories which offer formulators and   pants will create a water-in-oil liquid   ing Division at Nikko Chemicals will   Plan 25  25  1,500  25
 R&D staff a hands-on opportunity to   foundation with the added benefits of   enable attendees to create a water-  Plan 50  50  2,500  50  Web-Based
 enhance their formulation skills.  a smooth feel and blurred pores.  based combination sunscreen (SPF   Plan 100  100  4,500  75  Directory
 50+, PA ++ in-vitro) in the workshop,   Plan 150  150  6,000  100
 Running across all three days of   Meanwhile, on 6 November, Mr. Sean   ’Skinified’ serum sunscreen with com-  on Indian
 the event, 10 sessions will be deli-  Gahan from Primient Covation  will  be   bination UV filter system’.  *Plus GST @ 18% applicable  Chemical Industry
                                                                              and Trade
 UNLOCKING POTENTIAL   For more information or for a FREE trial contact:
 In-cosmetics Global’s new report explores growing   Mr. Kiran Iyer   Mr. Abhishek Vora
 role of SMEs in beauty industry   kiran@chemicalweekly.com abhi@chemicalweekly.com  Chemicals &  Search & download
         Chemical Weekly Database Pvt. Ltd.                    related products /       data on 8,500+
 The leading personal care   tial: Meet the SMEs Driving   sme-mini-report.html) explores the   602-B, Godrej Coliseum, K.J. Somaiya Hospital Road,   Equipment &    Manufacturers /
 ingredients industry exhibition,   Innovation in Cosmetics’. The   impact and influence that small and   Behind Everard Nagar, Sion (E), Mumbai - 400 022.  Instrumentation /  Dealers / Indentors /
 In-cosmetics Global, has released   report (more info at:  https://www.  medium-sized enterprises (SMEs)   Consultants  Merchant Exporters
 a  new  report  on  ‘Unlocking Poten-  in-cosmetics.com/global/en-gb/lp/  are  having  on  a  market  segment   Phone: +91-22-24044471  72
 46   Home, Personal & Institutional Care India  October 2024
       186                                                                  Chemical Weekly  February 18, 2025


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