Price premiums for farmers promoted social development and strengthened institutional capacities in the area. However, the ability to improve working conditions for workers was limited (Valkila and Nygren 2009). Price premiums were found to be the main benefit for fruit producers involved in a Swiss partnership (Bezencon 2009).
Conclusion
Fair Trade products and certified end products represent the next logical step in the natural and organic products movement. The impact of fair trade has already been examined in other industries and it is believed that the same principles apply to the cosmetics industry as well. Trends in the cosmetic industry are driven traditionally by the fashion industry. However, social responsibility must now be considered a part of the equation as well. The movement towards socially responsible products is being driven by consumer demand. Consumers are demanding socially responsible products and the industry has an obligation to provide them.
Research sustainable practices and the UK cosmetics industry reveals two key trends in research. Study into this topic is in its infancy and it currently lacks in cohesive theory development. Theory is beginning to develop in the area of standards and evaluation criteria for those seeking certification. Cohesiveness in this area is expected to produce greater consumer demand. Standardization will allow the customer to know what to expect when they read key terms on the label. Currently, a lack of theoretical cohesion in this area leaves the customer wondering if they are getting what they pay for in terms of sustainability and ethically sound practices.
Research into the affects of fair trade products indicates that socially responsible products do have at least some positive effects on the country of origin. The trend in fair trade and sustainable market will have an impact on UK cosmetic sales. It is expected that as time continues, sales of organic, natural and fair trade cosmetic products will continue to represent a greater percentage of the market share as the gains momentum. If the literature reviewed is any indication, one could expect consumer demand for sustainable cosmetic products to continue to increase over time.
The consumer market for sustainable cosmetic products is in its early stages. As the market matures, one could expect to see major players in the industry to be begin marketing sustainable products as well. It is the consumers who are in control of this trend and if current growth is any indication, the trend will continue to increase in the future. Attention to global issues and social responsibility are key drivers of the trend.
Due to the early stage in market development, the field is wide open for the introduction...
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