Overview
South Korea is known for its Innovation in the Cosmetic Products Industry. The steady demand for Cosmetic Products in face of Global Economic Fluctuations reflect the strength of the South Korean Market. But with reputed Product Manufacturers competing vehemently, finding a breakthrough in the market and decoding the Regulatory Perspectives of the Ministry of Food and Drug Safety (MFDS) can be challenging. The MFDS South Korea classifies Beauty Products into three (03) categories: General Cosmetics, Function Cosmetics, and Quasi drugs. Additionally, it is mandatory for all Domestic and Foreign Cosmetic Products to Label the packages in Korean language as per the Korean Cosmetic Products Act (KCPA), 2000. According to the Korean Cosmetics Act, Quality Testing must be conducted by lot/batch. However, the Testing required for Products differ based on the category of the Cosmetic Product.
With a proven expertise, Freyr assists the Cosmetics Manufacturers to navigate the Regulatory Landscape of South Korea. Freyr is specialized in providing Regulatory support right from Strategy to Submissions to Lifecycle of a Product.
Freyr Expertise
- Product Classification
- Cosmetics Ingredients Review
- Cosmetic Product Labeling Compliance and Translation
- Cosmetic Claims Review
- Product Notification and Approval
- New Ingredient Listing
- Legal Representation Service
- Electronic Data Interchange (EDI) Notification
- Regulatory Intelligence
- Strategic Regulatory Consulting
ADVANTAGES
Freyr Advantages
End-to-end cosmetic Regulatory consultation
Qualified team of experts with profound knowledge of the South Korean Cosmetics market
Expertise in decoding cosmetic product classification as per the MFDS South Korea guidelines
Assistance with documentation compilation and pre-market approval with the MFDS South Korea
Expertise in providing Regulatory support for all classes of cosmetic products, i.e. General Cosmetics, Functional Cosmetics, and Quasi-Drugs
Cost-effective services with quick turnaround and faster time-to-market