[Conference Exclusive] High Growth Potential of China’s New Cosmetic Ingredient Market Hinges on Regulatory Reform

  •   29 Sep 2017
  •    Jo Zhou

    Takehome:

    • During Sep. 19th -22nd 2017, the China Association of Fragrance Flavor and Cosmetic Industries (CAFFCI) held its annual conference during which market, regulatory trends and forecasts were revealed.
    • In China the new cosmetic ingredient market is predicted to perform well over the next several years contingent on possible changes in China’s regulatory system.

    With the growing transparency of modern media, the public has a deeper understanding about cosmetics and ingredients. Consumers tend to spend more time researching the function of cosmetic active ingredients from both an efficacy and safety standpoint. For industry there are pros and cons:

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