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!
Between increased competition and nonstop regulatory scrutiny, cosmetics companies are feeling the heat to bring products to market faster while maintaining compliance and managing claims. And they have to do it all without massive employee burnout.
In this insightful new whitepaper, we’ll share the top four challenges facing cosmetics companies in 2019:
You’ll also learn how agile, cloud-based software can address all four of these problems.
Access the report today to find out how to keep up with the competition, remain compliant, and keep employees engaged and happy! For a copy sent to your inbox, email enquiryiqpc@iqpc.com