Cosmetics Market Crosses Great Cleave in European Countries

The European cosmetics and personal care products is growing steeply, innovation – centric dynamic market that garners about billion and billion dollars each year. Industry ultimately serves to improve the beauty and well-being of everybody in the region. Research analysts at Allied Market Research tracking the growth rate, share and size of cosmetics market reveal that the prominent vendors in the region touch on different aspects of the industry. Researcher say from raw substance and active materials, right through to packaging down to the capabilities that would make the products hit the retail outlet, these brands focus on all factors.

France Secures No.1 Position by Importing Korean Cosmetics

France is considered to be one of the largest importers, especially when it comes to cosmetics from South Korea. Many from France embraced for them from their innovation. As per an article published by “Korea Herald” France had imported about 17.41 million euros in 2015. The article also outlined that this had accounted for about 35percent of the overall sales in Europe. In addition, Korea Trade – Investment Promotion Agency unveiled that Britain occupies second position followed by Germany with approximately 9% interpreted the news portal. The outbound shipment to the Asia countries has sharply soared with a short span of time.

Halal Cosmetics Market Gains Traction in Europe

Cosmetics market is observing a demand for halal range in cosmetics indicated a Brazilian who is head the HCS office located in Madrid. It’s true for another reason that Islam prohibits the application of beauty care products that has pork or alcohol as an ingredient. For instance, certain lipsticks, perfumes etc. Brands owe a lot to the ban initiated in Europe on animal testing. Besides this, steeply increasing need for vegan beauty line as well as many new cosmetics range that includes no animal lard or other by-products have boosted the sales of the industry. The labelling so far is not uniform and is often confusing. Thus, buyers are left thinking where the ingredients of the product may have come from. So when these buyers see a halal cosmetic they purchase it.

Approval for Substance Under Cosmetics Regulations Speeds Up

BASF has expressed its happiness over Zinc Oxides entry into EU cosmetics regulations. UV radiation has been responsible for causing different physiological effects. Some of the harmful effects consists of sunburn, wrinkles and more The approval will provide many options and an array of choices, when it comes to the formulation of beauty and skin care line and protect skin against harmful effects.

Observing major developments in the sector Allied Market Research has published a study titled “World Cosmetics Market - Opportunities and Forecasts, 2014 - 2020.” The report takes a closer at the performance of different product in different countries.

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