Asean Markets

THE BEAUTY MARKET IN SOUTH EAST ASIA

Cosmoprof CBE ASEAN Bangkok is poised to be the gateway to beauty markets in South East Asia, a region with a combined population of 750 million people in 10 countries – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam and a combined GDP of $2.8 trillion.

Why Asean Markets

10 Members

ASEAN consists of 10 members with 750 million population, namely, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

Thailand

Thailand is the Hub of ASEAN: Thailand’s vibrant culture, hospitality and complete infrastructure make it an attractive regional hub.

$6 to $88 billion

Acceleration of beauty eCommerce in Southeast Asia: beauty eCommerce sales is projected to grow from $6 billion in 2015 to $88 billion in 2025.

AEC

ASEAN Economic Community (AEC) enable an easier movement of goods, services, investment, capital and people across the region.  

$10 billion

By 2020, it is estimated that Southeast Asia will have 10 billion dollars of more room to grow in the beauty and personal care sales value.