Growing interest for personal care and increasing disposable incomes set the market growth of cosmetics in Australia on high. Cosmetics in Australia are classified as the industrial chemicals and are regulated by the National Industrial Chemicals Notification and Assessment Scheme (NICNAS) per the Industrial Chemicals (Notification and Assessment) Act 1989 (ICNA Act). If the product’s primary function is sunscreen then such product is regulated under Therapeutic Goods and Administration (TGA).
The cosmetic market in Australia is driven by innovation which needs the manufacturers to align with current trends. Lack of such knowledge may prove challenging while trying to gain market lead. Any deviation from approved ingredient list and formulation techniques might result in rework and product cancellation in some cases, both of which will affect the brand value and revenue.
Freyr supports market entrants with comprehensive market knowledge and existing Regulatory trends to enable products developed and marketed in line with country’s regional standards. Freyr’s Regulatory experts assist in ingredient analysis to make sure the product contains only listed and allowed ingredients.
- Product Classification
- Ingredient Analysis
- Label assessment
- Claims Review and Consultation
- Registration / Notification
- End-to-end cosmetic Regulatory consultation
- Qualified team of experts with hands-on experience across all categories of cosmetics like skin care, hair care, infant care, oral care, beauty products
- Support for region specific Regulatory complexities
- Extensive partner network across the globe
- Strong relationship with different health authorities
- Structured and cost-effective approach to ensure speed to market for the cosmetic products