Malaysia Beauty Industry Statistics 2018

Market trends 2016 2017.

Malaysia beauty industry statistics 2018. The beauty industry has seen explosive growth especially among young independent brands. Info dosm gov my general enquiries data dosm gov my data. This report presents statistics derived from the annual economic survey 2018 for the reference year 2017 in manufacturing sector. Despite the uncertainties in the global environment exports rose by 6 7 to reach a value of rm998 01.

Skincare makeup growth statistics trends 2016 2017 2018. 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 socialising or going to work while sun care driven. The manufacturing sector includes all industries under section c classified in the malaysia standard industrial classification msic 2008 ver. 03 8888 9248 email.

Department of statistics malaysia block c6 complex c federal government administrative centre 62514 putrajaya tel. 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. A steady economic growth driven by strong domestic demand and private consumption is boosting the malaysia s cosmetics toiletries industry which is expected to grow at a compound annual growth rate cagr of 4 2 from rm6 4bn us 1 6bn in 2018 to rm7 9bn us 2 1bn by 2023 says globaldata a leading data and analytics company. 40th annual cew achiever awards recognized top women leaders in the cosmetic business industry.

The response to covid 19 in malaysia is set to have a polarising effect on beauty and personal care in 2020. Supported by stronger than expected export growth malaysia s total trade in 2018 remained resilient expanding by 5 9 to rm1 876 trillion compared with rm1 771 trillion in 2017. West malaysia east malaysia 2019 east malaysia 2017 l east malaysia 2018. Government controlled festive season ceiling prices for live chicken chicken eggs grade a and live pig in malaysia 2017 2019 view.

1 0 in accordance with the international standard industrial classification of all economic activities isic revision 4. Malaysia statistical handbook 2018 reach us. The ecommerce market segment personal care includes the sale of medical pharmaceutical and cosmetic products. These trends are what s happening now in the industry and these new companies are the ones exploiting.

Revenue in the personal care segment is projected to reach us 365m in 2020. 03 8885 7000 fax. Ex farm value of livestock products in malaysia rm million 2000 2019 view. Cew presents the future of natural organic environmental friendly safe beauty products brands.