September 30, 2024
Cosmetic Week is back with the 10th anniversary of the Cosmetic 360 trade show from October 16 to 17 at the Carrousel du Louvre. This is an opportunity to take a look at the 5 cornerstones of this industry, which began life in Paris Region and was identified as “strategic” in the 2022-2028 regional development plan.
The cosmetics & perfume industry (71 billion in sales in 2023) weights almost as much as the aeronautics industry (65 billion for aeronautics in 2022) in France's balance of trade.
A world leader, French and Paris Region cosmetics is an industry with a solid base in the region. In Paris Region, Boucle Nord de Seine and Cergy are two of France's major cosmetics hubs, with the Centre Eugène Schueller, L'Oréal's world headquarters, located in Clichy-la-Garenne since 1978, and Givaudan's headquarters in Argenteuil.
Most of the sector's historic giants are Paris Region-based, including L'Oréal, LVMH and Chanel... Make-up, skincare and fragrances account for 3/4 of beauty and personal care product exports, with make-up and skincare number 1 and fragrances number 2.
Louis XIV was nicknamed the “most flowery king in the world”, and this industry really took root at the King's Court, in Versailles, in the 18th century. If you're looking to become a nose for the big boys, the best school in the business, ISIPICA, is located in the Sun King's hometown.
This is a highly innovative sector, with nine major R&D centers in the region, including Chanel in Pantin, Yves Rocher in Issy les Moulineaux and Clarins in Pontoise. The cosmetics industry is known for its effective research, with thousands of patents filed every year. At the next Cosmetic 360, Choose Paris Region, the Paris Region and SYSTEMATIC, the region's DEEP Tech competitiveness cluster, will be presenting 5 innovative startups at their stand: Tower Farm, Beink, Datategy, Scotex, At Blockchain. This will be an opportunity to discover and meet the teams behind these innovative companies.