The Modernization of Cosmetics Regulation Act "MoCRA" could have a significant impact on the baby care industry:
More Test in Product Development -> Cost Increase
MoCRA will increase regulatory oversight of the ingredients used in baby care products, companies in the industry may need to invest more time and resources into ensuring compliance with the new regulations, which could increase costs for them.
Reformulation of Products -> Cost Increase:
With MoCRA banning certain ingredients that are commonly used in baby care products, companies in the industry will need to reformulate their products, which could also increase costs.
BUT this will result in safer products... and this is priceless.
If MoCRA can bring the US regulations in line with more stringent regulations in other countries, it will result in safer and more natural products for babies and also it will be a good opportunity for companies to gain an advantage by being compliant before the regulation comes into force.