Jakarta, April 16 -- The National Research and Innovation Agency (BRIN) is focusing on strategic research to stimulate and improve the quality of the domestic cosmetics industry.
BRIN Head Arif Satria emphasized the large market for the cosmetics industry, which grew 77 percent from 2020 to 2025.
"We can only meet this market if we have superior innovations and good technology, so they can be implemented as growth engines for the industry," Satria said on the sidelines of BRIN Goes to Industry III in Jakarta on Thursday.
With the domestic cosmetics market is projected to reach around US$7.5 billion or more by 2024-2025, he believes that domestic industry must play more significant role to reduce consumers' dependence on foreign cosmeti...
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