The application of Article 27 of the Emergent Conservation of Employment Act has put on tenterhooks the feasibility of permanence in the country of 125 companies operating in the free zone.
An article on Prensalibre.com reports that "... the Emergent Conservation of Employment Act , in force since March 31, 2016, specifies that 43 activities can not be produced or marketed and developed from free zones, including pharmaceuticals, cosmetics, plastics and machinery, among other things. "
The deadline for ruling on applications for simplified registrations is now 5 working days from the moment the application is submitted, and validity of the registry of cosmetics and low risk foods has been extended to five years.
The simplified registration process for cosmetics and food is as follows:
A study highlights basic grains, corn products, bread, broth, snacks, frozen seafood, shampoo, cosmetic powders and plastics for home use.
The study on market trends in manufacturing, agri-food and drinks in Mexico conducted in southeastern Mexico by the Promotion Agency for Exports and Investments in El Salvador (PROESA) indicates that one of the most important challenges for Salvadoran exporters to successfully enter the Mexican market is to increase their level of knowledge about the national supply in Mexico.
Small and medium Chilean companies trying to enter the Central American market this year, through lines of copper-based creams sun blocks, physical rehabilitation equipment, electro-stimulation systems and radiological shielding.
When the concepts "natural, organic and integral" were not as established as they are today, the Costa Rican brand Bioland set a firm course in that direction, and thirty years later, remains a leader in this market.
An article in Elfinancierocr.com makes clear from the first paragraph what is the essence of Bioland: the nonnegotiable philosophy of its founders for "... all-natural, healthy and environmentally friendly products."
Projections are that the nutraceutical and nutricosmetics industry will grow at rates of between 10% and 12% in the next five years.
From a statement issued by the Foreign Trade Promotion Office of Costa Rica (Procomer):
The global market for nutraceuticals continues to grow and forecasts also indicate that one of the key elements which will drive the market, according to sources such as Datamonitor, Mintel, TechNavio, Transparency, Global Industry Analysts and Research & Markets, is the increase in the population advanced in age, which results in increased demand for anti-aging and types of nutricosmetics which combat hair loss.
Of the $3,300 million worth of in skin creams, lotions and bleaching products for men sold worldwide in 2013, 64% was purchased by Asians.
Adding up to a total expense of $2.1 billion, Asian men outpace those in the U.S., who spent $286.4 million and Western European men who spent $682.9 million on personal care products in 2013. China, including Hong Kong, is the largest Asian market for men's skin care products with the equivalent of $974.8 million, an amount that could increase to $1.2 billion in 2014.
The market for personal care and cosmetics in Mexico ended 2013 with sales of $10,843,000, which placed it in tenth position in the world below markets such as France, Russia and Italy, according to Euromonitor International.
The trade show MANUFEXPORT to be held on October 1st - 2nd will bring together companies in the region and international buyers.
From a statement by the Guatemalan Exporters Association:
"AGEXPORT and the Chamber of Industry have jointly organized MANUFEXPORT 2014, Special Edition where 100 buyers from the U.S., Central America, Mexico, the Caribbean and Colombia will discover the range of food and beverages (perishable and non-perishable) plastics, personal care and cosmetics, cleaning products, paper converters and processors, and for the first time the categories of home furnishings, clothing, accessories and footwear for sale at stands."
The cosmetics industry in Latin America is one of the fastest growing in the world, with annual revenues reaching $80 billion.
This information was released by the Council of Associations in the Latin American Cosmetics Industry (Casic) during the nineteenth meeting of its board in Panama, which aims to encourage the cosmetic industry throughout Latin America.
From 2nd to 5th of September the XIX meeting with health and commerce authorities from Central America, the Andean Community, Colombia and Mexico will be held in Panama.
Panama September 2, 2013
The Board of the Council of Associations of Latin American Cosmetics Industry (CASIC), will be holding from 2nd to 5th September in Panama, its nineteenth meeting with health and commerce authorities from Central America, the Andean Community, Colombia and Mexico.
Over the next few years an increase in Mexican's consumption of body care, facial and makeup products is forecasted.
From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
Over the next few years solid growth is forecast in the cosmetics market in Mexico, which might even exceed the strength of countries such as Brazil. According to the consulting firm Canadean, the growth of this sector in Mexico corresponds to a rapid recovery in consumption after the effects of the international crisis of 2009.
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Phone: (506) 225 4786