Given the dynamic landscape of the cosmetic industry, it is important to understand the Regulatory framework of different countries. Indonesia, a country known for its rich cultural heritage and diverse market, presents a unique set of challenges and opportunities for cosmetic manufacturers and distributors. In this blog, we shall explore Indonesia’s cosmetic Regulatory landscape, providing a comprehensive insight into the challenges that businesses face when entering and establishing their presence in this vibrant market.
According to the Indonesian Law no. 33/2014, Cosmetics or Food Supplement manufacturers in Indonesia are required to obtain a halal certificate before their distribution in the country. The halal product regulations were supposed to come into effect from October 2019. But in recent turn out of events, according to the new plan of Halal Product Assurance Agency (BPJPH), manufacturers will be given a deadline up to 2024 to obtain the halal certification. The reason behind this is that there are fears surrounding decrease in the supply of lifesaving vaccines and other necessary products.
The demand for cosmetics and personal care products is rising exponentially across the world. Because of this rise in demand, trends related to the products, like vegan and organic, are prevailing now more than ever. One such trend is Halal products.
But is there really scope for such products in the market? The answer is a definite yes! According to surveys, the global halal cosmetics market is expected to grow phenomenally in the coming years and is estimated to reach USD 89 billion by 2023. Before getting into details, let’s answer some basic questions first.