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Cosmetics

The rapid expansion of counterfeit cosmetics internationally and in India poses a public health risk for consumers and threatens the bottom lines of countless makeup companies.

The global cosmetics industry is valued at approximately $523 billion and is expected to reach $805 billion by 2022. This massive explosion in the makeup industry is due in large part to the rise of e-commerce, which has connected buyers to third party vendors at an unprecedented scale. Accompanying the convenience of online shopping is the surge of counterfeit cosmetic products sold across the world.

Given the significance of the problem, it is important for all relevant parties to be aware of the size of the counterfeit cosmetics industry and develop best practices to identify and eradicate its sale wherever it emerges.

VCQRU had developed a state of an art technology to eliminate the challenge of Counterfeit in Cosmetic Industry.

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Industries Helped by Us

FMCG
1

Fast-moving consumer goods (FMCG) packaging remains the worst affected industry due to counterfeiting which accounts for over 30% of business...

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Cosmetics
2

The rapid expansion of counterfeit cosmetics internationally and in India poses a public health risk for consumers and threatens...

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Consumer Electronics
3

Counterfeiting is a global phenomenon that has accompanied the rise to prominence of recognizable branded items...

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Auto Parts
4

It's time to call a fake a fake According to the Authentication Solution Providers’ Association (ASPA), the overall...

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Health Supplements
5

Counterfeiters never fail to shock us. As per the joint study by ASSOCHAM-RNCOS in 2020, about 65-75% of dietary supplements...

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