The Cosmetic Valley opens an office in New Aquitaine

With a turnover of 30 billion euros and 150,000 jobs, the cosmetics industry is a jewel in the crown of the French economy, a leader in a highly competitive international market whose growth prospects are considerable: the number of consumers of cosmetic products is expected to increase by 40% to reach 6.3 billion by 2030. The Cosmetic Valley cluster is the driving force behind this industry of excellence, mobilizing a network of 1,500 companies, including 90 % small and medium-sized businesses and around 100 major brands. More than one in ten cosmetic products sold worldwide is now manufactured within Cosmetic Valley, which embodies, defends and deploys the values of the French brand: innovation, performance, product safety and respect for the environment. Anchored in the Centre-Val de Loire region since its creation in 1994, Cosmetic Valley's mission today is to support the development of the entire national industry. This strategy implies the creation of offices close to the companies to optimize their support in connection with the territories and the cluster's headquarters based in Chartres.
After opening an office in Normandy, Cosmetic Valley inaugurates in January 2018 an office in New Aquitaine, a region that is among the flagship territories of the French cosmetics industry with many private players and public skills present throughout the value chain. The 200 or so companies operating in the cosmetics sector represent a turnover of €1 billion. They include a pool of 5,000 professionals, expertise in safety and performance, know-how in development, formulation and contract manufacturing, suppliers of innovative technologies and recognized centers of expertise in the field of plant resources and lipochemistry such as the Center for the Valorization of Agro-resources, CVA in Brives-la-Gaillarde and the Institute of Fatty Bodies, ITERG in Bordeaux.