Counterfeit cosmetics on the rise says OECD

Published: 25-Mar-2019

Cosmetics and perfumery is the seventh-most seized category of counterfeit goods

You need to be a subscriber to read this article.
Click here to find out more.

Counterfeit and pirated goods are forming an increasing percentage of global trade, according to the Trends in Trade in Counterfeit and Pirated Goods 2019 survey from the Organisation for Economic Co-operation and Development (OECD) and the European Union Office for Intellectual Property (EUIPO).

For 2016, the latest year for which figures are available, they constituted 3.3% ($509bn, compared to 2.5% in 2013). 

The increase is all the more notable, say the organisations, because world trade in general has seen a slowdown. 

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.

You may also like