Vol. 7, Issue 6 (2018)

Author(s):
Manish Ruhela, Lovedeep Nagar, Aayushi Gupta, Harvinder Popli

Abstract:
The regulatory system and advertising of cosmetic items ensuring safety and efficacy are the most imperative elements for development of cosmetic industry. The safety of the cosmetic goods is regulated by diverse regulatory bodies around the world that all have their own particular rules and regulations. The terminology, labelling and safety of cosmetic product and colorant regulations are different for different nations. USA particularly has stringent enactment keeping in mind the end goal to manage the utilization of cosmetic items. The USA cosmetic and beauty care market generated USD 84 billion and was served as the most valuable market. The regulation of cosmetic products in India are under development while cosmetic market in India serves for USD 6.5 billion and increasing continuously with 25% CAGR rate. In this article there is an attempt to look at the current regulatory situation of cosmetic product, advancement and market situation in USA and India.