Global Industry Report: Where is Cosmetic Compliance Heading in 2019?
The cosmetic industry is poised to see 7% annual growth over the next five years and is expected to reach a market value of more than $800 billion by 2023. As the industry grows and welcomes new entrants, it is more important than ever for cosmetic stakeholders to comply with the latest regulations regarding ingredients of concern, such as allergens, parabens, and residual toxins.
With this in mind, the Cosmetic Compliance Team surveyed 600+ industry leaders to uncover where cosmetic compliance is heading in 2019. This report classifies the most pressing issues of cosmetic brands and solution providers, as well as a variety of other industry players. Continue reading to uncover the industry’s leading compliance challenges, priorities, investments, and much more!
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