Developing and manufacturing cosmetic products can be costly and time-consuming. Cosmetic oem/odm companies must invest in research and development, production facilities, and equipment, which can be expensive. Additionally, meeting tight deadlines and keeping up with consumer demands can be challenging, which can impact the quality of the products. Moreover, stringent regulations are also a hinder factor for the global cosmetic oem/odm market. The cosmetic industry is highly regulated, and manufacturers must comply with various regulations related to product safety, labelling, and ingredient restrictions. For instance, the European Union has banned over 1,300 ingredients in cosmetic products, which can limit the types of products that can be manufactured and marketed. This factor may hinder the growth of the global cosmetic oem/odm market.
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