Developing a strategic vision common to all players in the industry, cooperating with public authorities, taking up the challenges raised by ecological, digital and technological transitions, taking into account geopolitical changes and new competition, was the agenda of the Committee of the cosmetics industry which was held on Monday 21 February. Cosmetic Valley and FEBEA have just published the minutes of the meeting.
For nearly two hours, the Cosmetic Industry Committee met for the second time under the chairmanship of Agnès Pannier-Runacher, Minister Delegate to the Minister of Economy, Finance and Recovery, in charge of Industry. Around the table: Marc-Antoine Jamet, General Secretary of LVMH and President of Cosmetic Valley, Christophe Masson, the General Manager of the Competitiveness Cluster, Emmanuel Guichard, the General Delegate of the Federation of Beauty Companies (FEBEA) and the Business Mediator, Pierre Pelouzet. Alongside them, in a remote session, more than 40 representatives of the sector, manufacturers from all the trades in the value chain.
The context
After two years of pandemic, the meeting took place in the context of the strong rebound of the French cosmetics industry, described by the cluster’s President in his introduction. With an ambivalent observation: if the French cosmetics industry records historic figures in exports, with a positive balance of 12.9 billion euros, a strong progression in the United States and in China, a turnover in increase, its market shares are decreasing, its positions in Europe are crumbling and its Chinese, Korean and Taiwanese competitors are always more ambitious. The situation is not compromised: the fundamentals of the industry remain solid with a unique …
