REACH24H Ignited Connections and Celebrated Innovation in the Cosmetics Industry with in-cosmetics Korea 2023
SEOUL, 19 JULY 2023 – REACH24H Consulting Group, a leading regulatory consulting firm, was proud to host the highly anticipated 2023 in-cosmetics Korea event, a dynamic platform that brought together all sectors of the cosmetics industry, virtually and in person. With a focus on Korean beauty trends, innovative ingredient excellence, and fostering collaborations, this event proved invaluable for personal care creators, suppliers, and experts alike.
The event, held from July 12-14, was a massive success, with attendees worldwide participating in the various sessions and activities. It kicked off with a Q&A session with industry giants Shiseido and Mintel, moderated by the ever-insightful General Manager of REACH24H Korea, Seongmin (Mike) Sohn. These sessions presented an opportunity for attendees to interact with industry leaders and gain invaluable perspectives on the future of cosmetics trends.
On the second day, Seongmin (Mike) Sohn continued the collaboration by leading a session that explored the latest China\’s NCI (New Cosmetics Ingredient) registration/notification regulations and case studies. Attendees had the unique chance to learn the regulation details, applications, and actual experiences from REACH24H’s notified or registered ingredients in China, shedding light on the new pre-market approval system for NCIs implemented on May 1, 2021. This session aimed to dispel hesitations about utilizing new ingredients and offered insights into the required procedures and documentation for high-risk and low-risk NCIs.
Seongmin (Mike) Sohn also moderated the microbiome topic’s panel discussion, brought together esteemed panelists such as Woo Jun Sul, Ph.D., Professor at the Department of Systems Biotechnology, Chung-Ang University; Dr. Soo-jin Kim, Kolmar Schofield Research Lab Director, Kolmar Korea Holdings; and Sungmin Yang, Senior Researcher from the Cosmetics Safety Assessment Research Team, Korea Cosmetic Industry Institute (KCII). The discussion continued for over an hour, bringing the latest scientific findings, commercialization concerns, underlying functional states, market trends, consumer communications, and branding strategies to the next steps of development.
Continuing the momentum, on July 14, Hyojin Jung, Regulatory Affairs Consultant at REACH24H Consulting Group, delivered a captivating presentation on \”How the post-pandemic market is shaping regulatory trends in the APAC landscape.\” Her session explored the impact of the COVID-19 pandemic on the cosmetics industry in the Asia-Pacific region. Attendees gained an in-depth analysis of the evolving regulatory updates and market trends in countries like China, ASEAN, Japan, China’s Taiwan, India, and South Korea. The session also offered valuable insights into best practices and strategies for navigating post-pandemic regulatory hurdles in the APAC market.
Throughout the event, REACH24H Consulting group once again served as a hub for innovation and knowledge sharing, featuring experts who inspired attendees with fresh ideas and developments in the cosmetics industry. In addition, the K-Beauty Inspiration Zone added a touch of glamour and creativity, showcasing the latest trends and advancements that delighted consumers in a changing world.
REACH24H Consulting Group is committed to driving innovation and excellence in the cosmetics industry, and we look forward to continuing to collaborate with industry leaders to create a more sustainable and prosperous future.