The cosmetics industry is a fast changing business environment which is highly competitive and has substantial endogenous barriers to entry. The South African government and the DTI Cosmetics Desk are strongly committed to supporting new market entrants, small medium and micro enterprises (SMMEs), new black entrepreneurs and local businesses within the context of the goals set out by the National Development Plan (NDP), the National Industrial Policy Framework (NIPF) and Industrial Policy Action Plan (IPAP).
The DTI has developed a cosmetic sector strategy which is aimed at alleviating constraints experienced by local cosmetics manufacturing companies. The aim of this intervention is to facilitate safety testing of cosmetic products produced in South Africa, so that products will get tested and certified locally by toxicologists. Products that are tested will be more acceptable in export markets. At the same time, local certification will greatly reduce the exorbitant costs that companies currently pay to have their products tested overseas.
The CTFA continue to closely partner with the DTI in driving objectives, encouraging and fostering local and export market opportunities, growing and developing the local sector