Overview

The growing interest in Personal care and an increase in disposable incomes have set the market growth for cosmetics high in Australia.

In Australia, Cosmetic Products are classified as Industrial Chemicals and are regulated by the National Industrial Chemicals Notification and Assessment Scheme (NICNAS) Australia as per the Industrial Chemicals (Notification and Assessment) Act 1989 (ICNA Act). Due to recent amendments in operational bodies, the NICNAS Australia has been replaced by the Australian Industrial Chemicals Introduction Scheme (AICIS) from July 01, 2020, as the new national regulator of the importation and manufacture of industrial chemicals in Australia. In case the product’s primary function is Sunscreen, such product is regulated under the Therapeutic Goods and Administration (TGA).

The cosmetics market of Australia is driven by innovation, which demands that manufacturers align with the current market trends. Lack of Knowledge about the market trends may prove to be challenging while trying to gain a market lead. Any deviation from the approved ingredient list and formulation techniques may result in rework or even Product Recall in some cases, both of which can directly affect the brand value and revenue.

With Comprehensive Market Knowledge of Cosmetics regulatory services in Australia, Freyr supports market entrants to develop and market the products in line with the NICNAS/AICIS and TGA standards. Freyr’s team of Regulatory experts also assists companies with ingredient analysis to make sure the product contains only listed and allowed ingredients.