De Minimis Rule Ending: What Businesses Must Know
The de minimis rule is ending in the U.S. Learn what this means for compliance, shipping costs, and your regulatory strategy.
... Read moreGet assistance from Cosmetic Compliance experts and become ready to sell! Quality Smart Solutions helps cosmetic companies adhere to Food and Drugs Act in Canada and Food and Drug Administration in USA.
Any beauty product that is professionally made for use in cleansing, improving the complexion, skin, hair, or teeth falls under purview of cosmetic regulations. Common cosmetics are fragrance, skincare, hair, and manicure products. Compliance adherence from initial cosmetic product development stage to market execution is necessary as it ensures your products will be approved by the regulatory authorities.
In Canada, the cosmetic market value is anticipated to reach around 15.8 billion U.S. dollars in 2021, which is an increase of almost three billion U.S. dollars from the last five years. When it comes to USA, the revenue generated by the Cosmetic Industry is 49.2 billion US dollars. It is the most valuable beauty and personal care market in the world.
The de minimis rule is ending in the U.S. Learn what this means for compliance, shipping costs, and your regulatory strategy.
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