Indonesia Skin Care Products Market Report: To Remain Positive Through 2022 - 2030

May 16, 2022 (Alliance News via COMTEX) — The Indonesia skin care products market was valued at $9,758 million in 2019, and is expected to garner $14,716 million by 2027, registering a CAGR of 7.5% from 2021 to 2027.

Skin care products, make-up, and personal care are increasingly becoming integral part of Indonesian lifestyles. Consumers are getting more concerned of their well-being, especially when it comes to hygiene and appearance. This is attributed to improved awareness on sanitation, rise in income, and increase in celebrity, as well as social media influence on fashion & health. Supported with facts that the country is the largest market in Southeast Asia and has fourth highest population in the world, the skin care industry serves as a lucrative sector for foreign and domestic investors. Indonesian women purchase are the major consumers of beauty products.

A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries. resulting in a large market for Indonesia Skin Care Products Market.

Corresponding to this trend, cosmetic products have become a primary requirement for Indonesian females who are the key target of the skin care industry players. However, the skin care industry is beginning to innovate on targeting men and millennial. The Indonesia skin care products market is segmented into product type, demographics, age group, and sales channel. Depending on product type, the market is categorized into cream, lotion, and others.

By demographic, it is bifurcated into male and female. On the basis of age group, it is segregated into generation X, millennial, and generation Z. As per sales channel, it is fragmented into supermarket/hypermarket, specialty stores, department stores, beauty salons, pharma & drug stores, and online sales channel.

Source: https://www.marketwatch.com/press-release/indonesia-skin-care-products-market-total-sales-report-2022-to-remain-positive-through-2022—2030-2022-05-16?mod=search_headline

Ho Chi Minh City – The 12th edition of Vietnam’s International Exhibition on Aesthetics, Beauty, Cosmetics, Hair, Nail, Spa & Wellness, Cosmobeauté Vietnam 2019, will be opening on the 18th – 20th April, at the Saigon Exhibition and Convention Center (SECC).

 

Cosmobeauté Vietnam 2019 is a beauty trade exhibition targeting professionals in the industry such as beauticians, aestheticians, and manicure technicians, as well as business owners of spas, retailers and distributors of beauty products & equipment, E-Commerce businesses, and potential investors looking to start a business in the beauty industry. Over 14,000 visitors from Vietnam and the nearby countries are expected to visit this year.

 

The exhibition, which was launched in Vietnam in 2008, has served as vital platform for international players to introduce new beauty brands into Vietnam, as well as for local beauty manufacturers to brand themselves to international investors and introduce quality Vietnamese beauty products to the global beauty market.

 

“Since the very first edition of Cosmobeauté Vietnam in 2008 up until today, we are proud to say that we are consistent in building up meaningful business relationships between Vietnam’s beauty industry and the world’s beauty markets.”, said Mr. C.P. Saw, founder of the Cosmobeauté trade exhibition series and Head of the Informa-UBM ASEAN Beauty Portfolio. “

 

This year’s Cosmobeauté Vietnam will be hosting over 200 exhibitors this year from Vietnam, China, Europe, Japan, Korea, Malaysia, Portugal, Singapore, Taiwan, Thailand, and the United States, featuring the latest salon equipment and supplies, hair care, aesthetic treatment machines, personal care products, cosmetics, product packing, and more from the world’s trendiest beuaty markets.

 

Apart from the exhibition, Cosmobeauté Vietnam will also be hosting several events that are designed for learning and inspiring creativity, such as the “Look & Learn with Steven Sunny” stage event, in which Malaysia’s celebrity make-up artist Steven Sunny will be appearing on stage to conduct step-by-step make up tutorials for the audience.

 

Visitors that are looking to gain new knowledge and skills will be pleased to hear that there will be beauty workshops and seminars conducted throughout the 3-day event.

 

Besides the creative stage events, Cosmobeauté Vietnam will also be hosting its successful Beaute Meeting Program, which pre-arranges business meetings between exhibitors and potential buyers and investors in advance. The previous edition of Beaute Meeting successfully arranged over 140 meetings between buyers and exhibitors.

 

“Cosmobeauté Vietnam 2019 is a must-attend event for the beauty industry players in Vietnam that are looking for knowledge, business insights, and networking opportunities.” added C.P. Saw.

 

The exhibitor’s profile of Cosmobeauté Vietnam are manufacturers, exporters, sole distributors, agents and suppliers of Perfumery, Cosmetics and Personal Hygiene, Natural Health Products, Health Food & Beverages, Dietary Supplement, Professional Care Products, Equipment & Solution for Beauty Salons, Salon Furnishing Spa & Wellness Facilities, Packaging & Processing equipment, Contract Manufacturing & Private Labeling (OEM / ODM), Raw Materials, Medical Aesthetic Products & Equipment, and Product Development and Design.

 

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Note to Editors:

About the Organiser

ECMI ASIA SDN BHD, formerly known as ECMI ITE Asia Sdn Bhd, is a member of UBM plc, and organises the Cosmobeauté series of beauty trade exhibitions in Malaysia, Indonesia, and Vietnam, as well as the Lab trade exhibition series for scientific instrument and laboratory equipment in Malaysia and Indonesia.

UBM plc is one of the world’s leading organisers of international trade exhibitions and conferences. Founded in 1918 as a media organisation, UBM plc now manages over 300 market-leading B2B events in various industry portfolios throughout the globe.

Minh Vi Exhibition & Advertisement Services Co., Ltd

Image by Reuters/Willy Kurniawan

JAKARTA (Reuters) – Indonesia will push back by as much as seven years an October deadline for halal labels on food, drugs and cosmetics, after industry voiced fears the move could bring chaos and threaten supplies of life-saving vaccines and other products.

In 2014, the world’s biggest Muslim-majority country adopted a measure for labels certifying whether products are halal, or suitable for consumption in line with Islamic laws. If not labeled, they would face sale bans.

A presidential decree giving industries a transition period of several years to comply with the law now awaits President Joko Widodo’s signature, said Sukoso, the head of the panel overseeing the process along with Muslim clerics.

“We’re preparing the infrastructure now, for example a halal information system,” added Sukoso, who goes by one name. “We hope the process can run smoothly and we can reach every corner of Indonesia.”

The food industry would be given a deadline until 2024 to get halal certificates, said Sukoso, the chief of the Halal Product Assurance Body (BPJPH), though he declined to give a date for compliance by the drugs industry.

Parulian Simanjuntak, head of the International Pharmaceutical Manufacturing Group representing drug firms, said government consultations showed the industry would have until 2026 to comply, but that might not be enough.

“We’re still not happy,” said Simanjuntak.

Simanjuntak said the definition of halal was too strict and would mean life-saving products, such as vaccines or drugs containing blood, could be barred after the deadline passed.

It would be impossible to force drug companies to create halal-specific products for Indonesia alone, since the country has a relatively small share of the global market, he said, adding he was concerned it could create “some kind of chaos”.

Originally intended as a voluntary step, the law was meant partly to help boost exports to Muslim countries by upgrading halal certificates issued by a group of clerics, the Indonesian Ulema Council (MUI), that is recognized by few countries, as it is not a government body.

Getting certification is costly because businesses have to fly auditors from the MUI to factories overseas to check that raw materials or steps in manufacturing meet the halal requirements.

The government has not yet announced the prices of halal certificates in the new scheme, but Sukoso estimated an annual total cost of 22.5 trillion rupiah ($1.60 billion) across industries will yield additional income for the government.

The government has promised to subsidize certification for 1.6 million small and medium-sized food companies, said Adhi Lukman, chairman of the Indonesian Food & Beverage Association.

“We are pushing for the BPJPH to work with other halal certification bodies in other countries, so that our imports of raw materials can go through faster,” Lukman said.

News article created and reported by Reuters. The original article can be read here.

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15 – 18 July 2019

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05-12-2018
NEW BUSINESS ADDRESS OF COSMOBEAUTE

UBM Malaysia, which the Cosmobeaute exhibition series is now a part of, has moved from its existing premises at Empire Subang & the Hampshire Place to Sunway Visio effective 3rd December. The new office shall be the operating base of the Informa-UBM group.

We would like our dearest business partners, associates, and valued customers to update their records with our latest address below:

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Lingkaran SV, Sunway Velocity,

55100 Kuala Lumpur, Malaysia

For enquiries, please contact us at +603 9771 2688.

COSMOBEAUTE MALAYSIA 2019 E-SHOW PREVIEW

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Following the successful 13th edition of Cosmobeauté Indonesia on 11 – 13 October 2018 at the Jakarta Convention Centre, we have prepared a post show report to provide further insights on the exhibition.

 Increase in Exhibitors Provide Visitors More Products & Services Options

The 13th Cosmobeauté Indonesia saw 328 exhibitors and 13,702 attending throughout the 3-day exhibition. The increase in exhibitors, at 13% increase, introduced a wide variety of beauty brands, products, and services to ASEAN’s largest beauty market. Visitor numbers remain largely unchanged compared to the previous edition despite the Asian Games being held at the nearby Gelora Bung Karno stadium.

 Beaute Meeting Concludes on Beautiful Note

Through the efforts of our in-house matching team and usage of the matching platform Jublia, the Beaute Meting business matching program has successfully arranged 384 meetings for 122 trade buyers, with many participants hailing from the e-commerce, importers, distributors, and major retailers in Indonesia and around the region.

Events Galore to Cater to All Visitors

The 3-day exhibition was also home to an assortment of seminars, workshops, stage events, and competitions, such as the 4th ASEAN Creative Hair & Styling Photo Competition, the 2nd World PMU Masterclasses Conference & Championship, and the Beauty Icon Awards, offered visitors a variety of themes, topics, and inspiring ideas for all segments of the beauty industry.

Exhibitors Remain Confident with Cosmobeauté Indonesia

In our survey with the exhibitors, exhibitors rated a 7.6 out of 10 when asked how likely they were to return to participate in Cosmobeauté Indonesia. Over 70% of exhibitors have also opted to rebook their exhibition spaces while the exhibition was ongoing.

Visitors Satisfied With This Year’s Exhibits; Likely to Return Next Year and Tell Their Friends

In our survey with a random sample of visitors, the respondents rated an average of 8.1 out of 10 when asked if they were satisfied with this year’s Cosmobeauté Indonesia. When further asked how likely they were to return and visit in 2019, the respondents rated 8.3 out of 10.

The full report can be viewed in our website here.