LĄŻOreal (China) R&D Center visited SIRC-TCM
   Dec. 11, 2014
   LĄŻOreal global purchase team and LĄŻOreal (China) R&D Center management team visited SIRC-TCM on Dec. 11, 2014. LĄŻOreal and SIRC-TCM conducted a comprehensive discussion on the projects we have collaborated and the new research modes in the near future. LĄŻOreal spoke highly of SAPHRONTM TCM Database and hoped to further explore herbal cosmetic market in China by creating new research models.
   According to recent data from SAPHRONTM Database market investigation, the total market of herbal cosmetics has reached 16 billion USD and the CAGR is about 10-20% per year. Based on most market researches, natural origin botanical cosmetics development will be one of the main trends in these years.