The rapid development of the cosmetics market
From 2012 to 2018, the annual growth rate of China’s cosmetic market reached 8.0%. It is estimated that in 2020 and 2021, the scale of China’s cosmetic market will reach 456.2 billion yuan and 485.2 billion yuan respectively. The proportion of cosmetic online retail sales has increased year on year, accounting for 74.2% of the total retail sales in 2018.
The current situation of quality and safety is still of concern
In 2018, China’s Market Supervision Department received a total of 11.249 million consumer complaints, reports and consultations. Amongst them, cosmetic related complaints increased by 246.7% year-on-year. Interview data on the reliability of online shopping shows that 50% of citizens said they would buy counterfeit goods online. Conversely, consumers are more concerned about the safety and quality of cosmetics they choose to purchase. According to the Statistical Survey and Analysis Report on the Supply and Demand of Major Consumer Products issued by the Ministry of Commerce in 2019, consumers are more aware of the safety and quality when purchasing cosmetics, with the proportions being 71.3% and 64.6% respectively.
Major changes in government regulatory policies
In the past two years, with the implementation of the policy "simplifying administration and delegating power" and "separating license from certificate", supervision has focused on simplifying the pre-approval process but strengthening the post-supervision surveillance. It will become a new norm for supervision to be governed by a quantitative and hierarchical management system and overseas inspections to be carried out based on the principle of risk control.
Annual report content and release purpose
New consumption models, new economic patterns and new regulatory models are products of the rapid development of China's cosmetic market. Under the new regulatory model, cosmetic companies need to take responsibility for product safety from raw material to procurement, production, packaging, transportation, and sale under the guidance of the regulatory authorities. In order to produce safe, high-quality products that meet the diverse needs of the growing cosmetics market, improvement of the production capacity of cosmetics companies will be required. High-quality products must be the result of corporate self-discipline. Only through the joint efforts of the entire cosmetics industry, can "Made in China" be recognized by consumers worldwide.
In order to help the quality development of the cosmetics industry and protect consumers demands for higher quality consumption, the China Association for Consumer Products Quality and Safety Promotion (CACPQSP) and Hangzhou REACH Technology Group Co., Ltd. (CIRS GROUP) jointly launched the preparation work of the "Cosmetics Quality and Safety Annual Report 2019". It can serve as a practical reference for the healthy development of the entire cosmetics industry ecosystem.
The "Annual Report" mainly covers the following contents:
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Overview of China Cosmetics, Raw Materials, Packaging Market
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Overview of Chinese cosmetics, raw materials and packaging enterprises
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Introduction to the management of cosmetics, raw materials and packaging in China
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Summary of China's cosmetics related regulations in 2019
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Summary of important international cosmetics regulations in 2019
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Status of Trademark registration of cosmetics in China
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Status of Registration and filing of cosmetics in China
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Current situation of new cosmetic ingredients in China
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Supervision of cosmetics industry by competent authorities
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Adverse reactions of cosmetics
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Cosmetics authenticity management
In order to make the report as comprehensive, objective and scientific as possible, all outstanding companies, institutions and consumers in the cosmetics industry are welcome to actively participate in this important work.
Contact info.
Hangzhou REACH Technology Group Co., Ltd.
April Guo
Tel: +86-571-87206546
Cell: +86-15355059881
Email: ggm@hfoushi.com
China Association for Consumer Products Quality and Safety Promotion
Hanyue Liu
Tell: +86-10-59196574
Cell: +86-17316181197
Email: lhyue777@sina.com
Source
https://www.hfoushi.com/cosmetics/news/industry-news/12750.html