Market News
Organic Personal Care Products Market Key Developments:
- In October 2018, L'Oreal announced that it has completed the acquisition of Logocos Naturkosmetik AG, a company based in Germany, which is engaged in manufacturing of beauty and personal care products including hair care, skincare and other make-up products. Logocos manufacture their products with natural ingredients which are derived from organic farming. This acquisition is expected to expand L’Oreal’s product portfolio of organic personal care products.
- Moreover, in October 2018, Lotus Herbals Pvt. Ltd, a company engaged in manufacturing of beauty and personal care products based on natural ingredients, launched their new premium organic skincare brand, Ikkai in India. The brand will offer various organic products including organic face masks, scrubs and soufflés packaged in one-time-use packs among others.