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REACH regulations imposed by the European Union, leading to China, India and other emerging market countries cosmetic daunting due to standard is too high for the European market. It makes Turkey the cosmetics industry saw an opportunity. Turkey Government to allow cosmetic companies will be quicker to adapt EU legislation, quickly grabbed market share in Europe, now banned exports of enterprises that fail to meet EU standards.
European cosmetics regulations enacted, Turkey not only cosmetics enterprise risk breeds opportunity. If Turkey cosmetics company do not comply with the provisions of these regulations, its products will be banned from export. Only after these regulations are fully adapted, Turkey cosmetics quickly grabbed a larger share of the cosmetics market in Europe.
Turkey to export cosmetics not consistent with EU standards. It is expected, when Turkey cosmetics business completely adapted to European standards, within two years of its cosmetics exports to Europe could reach $ 2 billion.
Turkey Istanbul chemical products exporters ' Association officials say, Turkey has the advantage of exports to Europe, now cosmetics exports to the European market for 300 million dollars.
Tao said European cosmetics market from China and India have little to Turkey cosmetics will have a huge advantage when companies have adapted to the European standards, within two years the amount of exports to the European market could reach $ 1 billion, and if the Turkey Government to support the cosmetic industry, exports are expected to reach $ 2 billion in two years. The official said, Turkey should closely follow the European cosmetics industry regulations change, and the need to fulfill all obligations.