{"id":8948,"date":"2024-02-22T13:40:48","date_gmt":"2024-02-22T12:40:48","guid":{"rendered":"https:\/\/africafashiontour.com\/explore-the-potential-of-the-beauty-market-with-the-colors-agency\/"},"modified":"2024-02-22T13:40:48","modified_gmt":"2024-02-22T12:40:48","slug":"explore-the-potential-of-the-beauty-market-with-the-colors-agency","status":"publish","type":"post","link":"https:\/\/africafashiontour.com\/en\/explore-the-potential-of-the-beauty-market-with-the-colors-agency\/","title":{"rendered":"Explore the potential of the beauty market with The Colors agency"},"content":{"rendered":"<h2>The multicultural beauty market<\/h2>\n<h3>The Africa Fashion Tour x The Colors partnership<\/h3>\n<p><span style=\"font-weight: 400;\">Founded by accomplished and acclaimed entrepreneurs <span style=\"color: #18b53b;\">Haweya Mohamed and Ammin Youssouf, also co-founders of Afrobytes<\/span>, The Colors is positioned as a catalyst for connections between entrepreneurs, investors and major corporations, aiming to foster the emergence of virtuous business models in the beauty sector.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><span style=\"color: #18b53b;\">The global cosmetics market is experiencing spectacular growth<\/span>, with sales forecast to reach $415.29 billion by 2028, according to Fortune Business Insights. Meanwhile, the global fragrance market is expected to peak at $52.5 billion in 2025, according to Statista. In Morocco, the beauty sector is poised for a significant transformation, with a market estimated to reach $2.67 billion by 2029, driven by annual growth of 7.92%.  <\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">To support entrepreneurs and companies in the sector as they grow, The Colors offers three strategic levers: strategic consulting, events and <strong>The Colors Academy<\/strong>. As an official partner, Africa Fashion Tour shares the same ambition: to promote entrepreneurial initiatives that foster diversity and inclusion within the beauty ecosystem. <\/span><\/p><\/blockquote>\n<div id=\"attachment_3574\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-3574\" class=\"wp-image-3574\" src=\"http:\/\/africafashiontour.com\/wp-content\/uploads\/2024\/02\/Odile-Roujol.jpg\" alt=\"Odile Roujol, founder of FaB Fashion &amp; BeautyTech\" width=\"600\" height=\"750\"><p id=\"caption-attachment-3574\" class=\"wp-caption-text\">Odile Roujol, founder of FaB Fashion &amp; BeautyTech<\/p><\/div>\n<h3>The Colors Business Dinners, or how to bring beauty market experts together<\/h3>\n<p><span style=\"font-weight: 400;\">The theme of The Colors&#8217; next flagship event, scheduled for March 7 at the Cercle de l&#8217;Union Interalli\u00e9e in Paris, is &#8220;Morocco &#8211; A high-potential market and an African pole of excellence in cosmetics and perfumery&#8221;. <a href=\"https:\/\/www.eventbrite.com\/e\/billets-the-colors-diner-b2b-cosmetique-parfumerie-835904872977?aff=oddtdtcreator\">This exclusive business dinner,<\/a> supported by Africa Fashion Tour, will offer a unique opportunity to discover the potential of the African beauty market and the positive impact of diversity for brands in the sector.<\/span><\/p>\n<p>These meetings are real business opportunities. Odile Roujol, founder of Fab Fashion &amp; BeautyTech and an expert in the world of beauty with a career at L&#8217;Or\u00e9al, Bourgeois, Saint Laurent Beaut\u00e9 and Lanc\u00f4me, is one of The Colors&#8217; partners from the outset. <\/p>\n<p><span style=\"font-weight: 400;\">Together, Africa Fashion Tour and <a href=\"https:\/\/www.thecolo.rs\/\">The Colors<\/a> are committed to <span style=\"color: #18b53b;\">promoting innovation, diversity and inclusion in the beauty industry<\/span>, helping to create a dynamic and sustainable ecosystem for entrepreneurs seeking quality support to accelerate the development of their brands.<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr>\n<p>Read also<\/p>\n<ul>\n<li><a href=\"https:\/\/africafashiontour.com\/les-secrets-de-la-reussite-dune-marque-de-beaute-made-in-africa\/\">The secrets of a successful Made in Africa beauty brand: Hamamat African Beauty<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Colors is a creator of virtuous ecosystems in the beauty sector, whose ambition is to enable entrepreneurs, project leaders and investors to forge solid alliances to create successful brands in a high-potential market.  <\/p>\n","protected":false},"author":2,"featured_media":7083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[155],"tags":[],"class_list":["post-8948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-beauty"],"_links":{"self":[{"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/posts\/8948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/comments?post=8948"}],"version-history":[{"count":0,"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/posts\/8948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/media\/7083"}],"wp:attachment":[{"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/media?parent=8948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/categories?post=8948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/africafashiontour.com\/en\/wp-json\/wp\/v2\/tags?post=8948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}