Innovation platforms
Active ingredients. Setting the stage for your success. These hubs of activity bring together interdisciplinary know-how from within BASF as well as from public and private research centers.
As an industry belonging to the fast-moving consumer goods (FMCG) category, personal care is shaped by major trends in society. The market is highly fragmented and competitive, with no single brand owning a market share of more than 10%. The end consumers it serves are well informed have limited brand loyalty. Our entire strategy is dedicated to partnering with personal care manufacturers in mastering this complex and challenging environment.
A central element of our strategy is to work with our customers to leverage the massive potential of global megatrends, with a special focus on three:
The new Strategic orientation calls for a third pillar to stand on: Agility. To breathe life into this term, we will define and communicate what it means to us: responsiveness to fast-changing customer and consumer needs and fast, uncomplicated services.