Foley has been working with a leading Wisconsin-based company that formulates and manufactures premium, high-performance cosmetic products used by professional makeup artists on screen in film and television and SFX, they also dabble in the fashion industry. They have worked with the likes of Disney, Marvel Studios, Netflix and the Golden Globe Awards and their range of products are extensive.
The cosmetic sector is driven, in part, by a younger demographic very interested in higher-quality makeup products leveraged by the power of social media. The Australian cosmetic industry continues to show strong growth as consumers seek a larger range of makeup products especially ones that are unique and have a point of difference. According to Mordor Intelligence, the beauty and personal care industry in Australia is expected to grow from US$4.32 billion in 2023 to US$5.30 billion by 2028, at a compounded annual growth rate (CAGR) of 4.19%.
Are you interested in exploring new business opportunities in the cosmetic sector and expanding your partnerships? The Foley team are undertaking a partner search to find an Australian distributor to market their products in Australia. This could be an exciting opportunity for your business to expand and grow. Let us know if you’re interested and we can provide more information and an introduction to our client. Please reach out to:
Laurie Price | Senior Consultant | E: laurie@foley.com.au
