Regulatory Sponsored by
Why? Because, just four months earlier, the organization declared that it would have nothing to do with certification of personal care products. Fast-forward to 2006, and we see the emergence of an F&F industry that views the organic movement as much more than a short-term market aberration. This is indicative of nothing less than a social and lifestyle evolution among consumers and the F&F industry.
Consider the Facts (and Nonfacts)
The interest in organic and natural products in personal care continues to expand and grow. Market researcher Packaged Facts projects that the US natural and organic skin care, hair care and cosmetics market will grow from 2004’s $5 billion to $7.9 billion by 2009. (Organic oral care and cosmetics, to cite just two segments, totaled $589 million and $336 million, respectively.) These numbers may seem modest considering that the global personal care sector is about $150 billion in manufacturer sales (2004). However, if you consider the fact that natural and organic personal care is a segment growing at a 25 percent rate, it takes on an entirely different meaning.
This is only an excerpt of the full article that appeared in P&F Magazine. The full content is not currently available online.