SRI LANKA’S COSMETIC INDUSTRY RECORDS GRADUAL GROWTH AMIDST GOVERNMENT SUPPORT
April 11th, 2014
THE COSMETICS and beauty product sector in Sri Lanka has recorded a gradual growth in the past few years, with help from the government boosting local manufacturers, according to industry experts.While being a small sector in comparison to the country’s heavy industries, there are almost 4,000 cosmetics and beauty care products sold on the local market, according to the Cosmetics, Devices and Drugs Regulatory Authority (CDDA), a government agency regulating the sector, operating under the health ministry.According to CDDA statistics, there are approximately 120 ...
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