Understanding MoCRA: 5 things What K-Beauty Brands Must Know
Today, let me introduce you to MoCRA, the Modernization of Cosmetics Regulation Act, which is essential for exporting cosmetics to the United States. The United States remains a key export market for K-beauty. As of 2023, the U.S. accounted for 18.7% of total cosmetics exports, ranking second, with a significant growth rate of 57.2% compared …
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