CRAC 2022 – Cosmetic Compliance Management Session

With the increasing global concerns over climate, environment, and energy issues, cosmetic sustainability has gained significant momentum throughout the world recently, leading to a boosting market volume. As per Kline Market Research, the sustainable beauty market was estimated at $39 billion in 2019 and could grow by 5.7% to $48 billion in 2024. More and more companies are making sustainability a core principle of their business strategies.

In response to the emerging and promising market, global governments have successively introduced regulations for cosmetic sustainability, such as microbeads ban, eco-label, packaging recycling, etc.

In this panel discussion, CRAC 2022 invites experts from the Independent Beauty Association (IBA), Cosmed and REACH24H Korea to expound on the latest regulatory requirements of sustainable cosmetics in the world’s important beauty markets, as well as the sustainability-related practices and initiatives of some beauty giants, so as to provide references and suggestions for enterprises to enter the race.

Topics of Discussion:

• What are the latest trends and policies/regulations for cosmetic sustainability in your country? (E.g. ingredient use restrictions, eco-label, environment claims, green packaging, EPR, etc.)
• What should enterprises pay attention to? Could you give some suggestions to cosmetic enterprises or share some examples worth learning from in the industry?

*The final outline may be subjected to subtle revision.

Guest Speakers