CBEInternational Cosmetics Technology Conference
China's gravity leads beauty tech,5month21day,2024CBEThe International Cosmetics Technology Conference and the Asia-Pacific Science and Technology Exchange Summit successfully concluded at the Kerry Hotel in Pudong, Shanghai. The 9th sessionCBEThe International Cosmetics Technology Conference, themed 'China's Gravity', starts from two major sections: 'International Forward-looking Trends' and 'China's Scientific Research Gravity'. It focuses on emerging science and technology, brand R&D system construction, and effective scientific communication pathways. It aggregates the emerging energy of the industry, seeks new benchmarks, responds to the national strategy of leading the construction of a modern beautiful and healthy industry system with technological innovation and developing new productive forces, and jointly explores new engines for technological innovation with Chinese and foreign industry experts.
Frost & SullivanFrost & SullivanLi Qian, the consulting director of Frost & Sullivan's Life Sciences business unit in Greater China, was invited to attend the event and delivered a keynote speech titled 'The New Era of 'Beauty Economy': Industrial Chain Mapping and New Technological Trends'.
Deputy Director of Shanghai Drug Administration Zhao Yanjun
Zhao Yanjun, Deputy Director of the Shanghai Municipal Drug Administration, delivered a wonderful opening speech for the conference. She stated, 'As the Chinese cosmetics industry develops rapidly, China's cosmetics regulatory system has entered a new era of 'institutionalized, legalized, and standardized management of cosmetics'. It is hoped that the representatives from the cosmetics industry present can actively advocate for cosmetics companies to implement their main responsibility for quality and safety, work together to escort the upgrading of the beauty industry, and enable more new technologies, tools, methods, and products to serve the growing needs of people for a better life, thereby stimulating the entire industry to think about and explore new productive forces.'
Consulting Director, Life Sciences Business Unit, Frost & Sullivan Greater China Region Li Qian
Li Qian pointed out that the 'beauty economy' has penetrated into every aspect of daily life, giving rise to a vast field that encompasses multiple industries such as cosmetics, skincare products, medical aesthetics, fashion clothing, fitness and body shaping, beauty photography, and online beauty communities. Innovative technology plays an important role in the development of the 'beauty economy'. Taking the beauty and medical aesthetics product industry as an example, a relatively complete industrial chain from upstream to downstream has now been formed. Various production factors collaborate within the industrial chain, actively promoting industry development. According to Frost & Sullivan research, driven by both demand and supply sides, the market scale of medical aesthetics in China is expanding rapidly, with an estimated2025In [year], the market scale of non-surgical medical beauty services in China will reach2,0461000 million RMB.
When discussing the development trend of the 'beauty economy', Li Qian said, 'Firstly, the development of new technologies provides new ideas for 'becoming beautiful', such as synthetic biology breaking through production limits and reducing production costs; precision medicine offering customized 'beauty' solutions; secondly, the iterative upgrading of traditional materials and the development of new materials continuously break through demand boundaries, providing consumers with more choices; finally, the promotion of new concepts prompts consumers to update their 'beauty' concepts, which will further drive the development of the 'beauty economy'.'
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About Frost & Sullivan's Life Sciences Practice
The Life Sciences Practice of Frost & Sullivan has professional analytical capabilities and extensive project experience in the field of life sciences. Leveraging Frost & Sullivan's global think tank resources and cross-industry business development platform in Greater China, the Life Sciences Practice has unique core advantages in investment and financing services for the life science industry. The Life Sciences Practice has a wide range of corporate clients in China and in the past20In the year, a vast customer network was established, accumulating extensive project experience in various subfields of life sciences.
Project types include Knowledge Center projects (in-depth content and promotional activities).Pre-IPO financingprojectDCF modelValuation, Business Plan Services),IPO listingWe provide listed projects (industry consulting, clinical audits, fundraising and investment writing), market research, market value management, and strategic consulting. We also cooperate with well-known domestic and international information platforms and investment and financing institutions to offer one-stop solutions for enterprises in specialized sub-sectors such as pharmaceuticals and medical devices, attracting widespread attention from investors.
