The influence of emerging technologies is rather prominent across various industries. The notion of converging innovative technologies together, to create disruptions in the ordinary and routine procedures and products is the focus of all research and development. The cosmetics industry is also trying to push the frontiers of innovation by adopting a whole host of emerging technologies that were previously not close to being considered as suitable for the development of personal care and cosmetic products. The slow yet steady growth of convergence in the cosmetics industry is indicating a positive shift towards greater customization, increased product quality, as well as a large cost reduction. Some of the emerging technologies have opened new business models and marketing strategies, that has increased the consumer base for leading cosmetic developers. Engaging customers and providing them with the best service during their cosmetic purchasing expertise, while also ensuring that they have the capability to assess and understand the product before they purchase it, are turning into new normal for the entire industrial environment. This research report assessing emerging technologies like 3D printing, genetic based personalization, virtual reality & IOT, stem cell technologies as well as other innovative technologies that are actively used in other industrial segments being applied in the realm of cosmetic product development.
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