As part of ICPI Week, the organizers shared their insights on the local cosmetics market. Interview of James Kim, VP of the organizatiom company.
What are the main reasons for organizing ICPI Week, and how are you positioning it internationally versus locally?
ICPI Week is a convergence exhibition that spans the entire value chain of the bio, pharmaceutical, and cosmetics industries-from development and production to logistics. It promotes collaboration across diverse sectors and is growing into Asia's largest convergence industry platform.
Which trade shows under ICPI Week are the most dynamic, and what factors make them stand out?
CI KOREA is a platform covering the entire cosmetics manufacturing process, from raw materials to packaging and automation. It is particularly strong in raw materials and testing/analysis technologies. COPHEX focuses on shared issues in the pharmaceutical and cosmetics industries-such as GMP, quality control, and production automation-and enhances synergies by reflecting the cosmeceutical (dermo-cosmetic) trend, thereby blurring the boundaries between the two industries.
What are the motivations for companies to exhibit in the cosmetics sector at CI Korea, and what role does the cosmetics industry play in the local economy?
CI KOREA is a product development-oriented B2B exhibition that connects companies with domestic and international buyers and provides access to the latest technologies and ingredients. Participating companies attend to pursue global expansion, promote their products, and find business partners. The exhibition also delivers significant economic ripple effects for the cosmetics industry, such as job creation and increased exports.
What synergies exist between the cosmetics and pharmaceutical industries, and what major concerns are Korean manufacturers facing?
The cosmetics and pharmaceutical industries are increasingly converging through high-functionality products like cosmeceuticals. Shared technologies such as drug delivery systems (DDS), bio-based ingredients, skin absorption technologies, and GMP systems contribute to mutual growth. A notable example of cross-industry technology exchange is the trend of repurposing drug candidates as cosmetic ingredients.
Are any standout innovations being unveiled at ICPI Week, and what are your views on French-made cosmetics and pharmaceuticals?
Technological innovations such as AI-driven product development and bio-based sustainable materials have garnered attention. French cosmetics remain highly popular due to their premium image, sustainability, and emotional appeal, especially in the clean beauty trend, where French brands continue to hold strong competitiveness.
