openPR Logo
Press release

Cosmetovigilance Market 2020 Eminent Players - iSafety, ZEINCRO, Skill Pharma, FMD K&L, Poseidon CRO, MSL Solution Providers, AxeRegel, Pharmathen, Cliantha, PharSafer, Freyr, OC Vigilance

05-20-2020 04:49 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Cosmetovigilance Market

Cosmetovigilance Market

Cosmetovigilance Market will exceed USD 4 billion by 2025; as per a new research report.

Favorable government regulations in developed countries will augment cosmetovigilance market growth. Scientific Committee on Consumer Safety (SCCS) at the European Commission and the Japanese Cosmetic Centre are the government regulatory body. The committee provides opinions on health and safety risks of non-food consumer products such as cosmetics and services. Presence of such regulatory bodies ensure safety thereby, fosters industry growth. Moreover, European regulations requires reporting of the serious undesirable effects of cosmetics to authorities of other member states and the person responsible for the cosmetic product. Thus, cosmetovigilance market will boom owing to above-mentioned factors overt the coming years.

Risk associated with the use of cosmetics will further drive the cosmetovigilance market. Cosmetics contains various chemical compounds such as coal tar, 1,4-dioxane, mineral oil, paraben, methylisothiazolinone, mercury, lead etc., these cause allergy, rashes, burning and acne. Thus, the harsh effects of cosmetics affecting human health and people reporting these issues fosters business growth. However, lack of awareness in developing and under developed countries may hamper the cosmetovigilance market growth.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/3119?utm_source=open&utm_medium=vsm

Pre-marketing services segment will grow around 6.8% over the coming years. Rising incidence of cosmetics concerning harsh effects are causing infection cases that boosts segment growth. To overcome these issues safety tests are conducted including photosensitization that ensures cosmetic's quality. Thus, increasing use of safety tests will propel industry growth in upcoming years.

Perfumes and deodorants segment accounted over 11% revenue share in 2018 and will grow significantly over the forecast timeline. Group of chemicals such as fragrances, paraben, triclosan, aluminum chloride hexahydrate is used in deodorant. These chemicals may lead to skin burning, irritation and cancers. Additionally, risks related to the cosmetic product will favor segmental growth.

Business process outsourcing (BPOs) segment will grow more than 6% over the forecast period. Segmental growth is attributable to advantages of BPO that includes cost effectiveness and speed, etc. Moreover, increasing awareness regarding cosmetovigilance further boosts business growth.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/3119?utm_source=open&utm_medium=vsm

U.S. cosmetovigilance market held over 93% of revenue share in 2018 owing to increased emphasis on R&D activities for safe and effective manufacturing of cosmetics. The U.S. Food, Drug, and Cosmetic Act (FD&C Act) regulates the safety of cosmetic products that are marketed. Furthermore, program such as Voluntary Cosmetic Registration Program (VCRP) assists FDA to regulate cosmetics thereby, favoring business growth.

Europe cosmetovigilance market will grow over 6.2% during the forecast period owing to increased awareness amongst the population regarding cosmetovigilance with the efforts taken by the European associations in regulating consumer cosmetics. European regulatory bodies examine the chemical safety and stimulate manufacturers to produce safe cosmetics. Favorable government policies will drive European cosmetovigilance market.

Prominent industry players operational in the cosmetovigilance market include iSafety, ZEINCRO, Skill Pharma, FMD K&L, Poseidon CRO, MSL Solution Providers, AxeRegel, Pharmathen, Cliantha, PharSafer, Freyr and OC Vigilance. These firms are adopting strategies such as strategic partnerships, R&D, collaboration and agreement. Moreover, regional regulatory associations have regulations that favor development in cosmetovigilance industry.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cosmetovigilance Market 2020 Eminent Players - iSafety, ZEINCRO, Skill Pharma, FMD K&L, Poseidon CRO, MSL Solution Providers, AxeRegel, Pharmathen, Cliantha, PharSafer, Freyr, OC Vigilance here

News-ID: 2051642 • Views: 323

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining