Cosmetic Industry In Malaysia

Covid 19 impact on beauty and personal care.

Cosmetic industry in malaysia. Mainstream cosmetics industry in malaysia and the emergence growth and. Cosmetic products in malaysia are regulated under the control of drugs and cosmetic regulations cdcr 1984 which were promulgated under the sale of drugs act 1952. Pharmacies drug stores and online sales channel. Sharifah nabilla al yahya syed sheh.

Opportunity analysis and industry forecast 2021 2027 the malaysia skin care products market was valued at 764 9 million in 2020 and is expected to garner 1 288 7 million by. Their popularity is also enhanced through the use of social media such as facebook and instagram. Committed to making halal cosmetics fun and accessible they offer a range of items for hair face body and other personal care. Market entry beauty salon industry in malaysia analysis of growth trends and progress 2018 2023.

In agreement with the harmonisation of cosmetic through the asean cosmetic directive acd cosmetic products in malaysia are controlled through notification procedure starting from 1stjanuary 2008. Another halal beauty product that s made in malaysia is prettysuci. The response to covid 19 in malaysia is set to have a polarising effect on beauty and personal care in 2020. 2006 director general technical report dgtr malaysia s health ministry.

Our 2020 malaysia report include trends statistics opportunities sales data market share segmentation projections on the cosmetics market. It only requires updating with the help of new data that are constantly retrieved from publisher s databases and other sources. Business report 2020 is a half ready publication. Malaysia cosmetic industry porter five forces analysis.

Colour cosmetics fragrances and sun care in particular are not deemed essential during the lockdown as most consumers remained confined to their homes apart from visiting grocery retailers resulting in lack of demand as they are not. Malaysia economy news and analysis digest please note that cosmetic industry in malaysia. A higher per capita income is boosting malaysia s cosmetics and toiletries industry which is tipped to reach 520 4 million units in sales by 2024 at a compounded annual growth rate cagr of 2 8 during 2019 2024 according to globaldata. Here top 10 of malaysia shares its list of homegrown cosmetic brands that have made it big in malaysia s cosmetic industry.

Some of these cosmetic brands have also succeeded in entering the international market.