Cosmetics Gone Wild
In 2017, the global cosmetics industry was valued at $532.43 billion, and is projected to grow to $805.61 billion by 2023.1 In a sector with such substantial growth potential, companies are exploring ways to distinguish their products from their competitors and meet consumers’ needs. As the consumer trend to seek “natural” products continues to grow, primarily due to their unfounded assumption of safety, products with “natural” labels are virtually everywhere and cosmetic pro