Challenges to Overcome
There are a few areas where the skin care product manufacturers lag. Controlling the manufacturing cost, managing the stringent regulatory compliances, putting up with fluctuating prices for raw materials, thin margins, delivering safe, high quality and 'green' products, etc. are some of them. Making it more complex are the challenges of - operating at low margins, maintaining consistency in the formulation, facing a constant need to innovate in order to stay competitive, assessing quality and compliance at every stage- right from procuring raw materials to distribution of the end product, et al.