Asia Personal Care & Cosmetics Market Guide 2016

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currently comprise whitening, anti-wrinkle, and sunscreen & tanning products, are expected to be extended to 11 categories by the MFDA including hair colorants, hair nutrients, and cosmetics that help protect damaged skin. MFDS reviews only functional cosmetics for pre-market approval. For all other regular cosmetics, the Korea Pharmaceutical Traders Association (KPTA) has been authorized by MFDS to review and certify import permission requests submitted by the Korean importer. As of 2015, 1024 firms were registered as cosmetics importers. Among them, 715 (20.5%) were agents/distributors, 134 (3.8%), branch offices and others. A qualified Korean representative is critical to successfully penetrating the market for two reasons. First, Korean distributors know their customers and competitors well, and can monitor market changes. Secondly, the importer/distributor of the foreign supplier must submit required documents to MFDS or KPTA to obtain pre-market licenses. Import Procedures: All foreign suppliers must provide their importers with the required documentation. These include the Certificate of Manufacture, Certificate of Free Sale, and BSE relevant documents. Overall, once the documents required by the MFDS are ready, a foreign supplier should send them to its importer in Korea. Upon receipt of these documents, the importer will then submit them to KPTA. KPTA, in turn, will review the documents and issue import permission for the approved product through EDI (electronic data interchange). The import permission will then be sent to the Korean Customs Service, indicating that the product has been cleared to be imported into Korea. Once the product has been cleared by Korean Customs, the importer is required to conduct a pre-market quality control test to ensure that the product complies with Korean safety regulations. This test is done within MFDS’s authorized laboratories. While the samples are being tested, the importer works on putting Korean labels on each product. Once the quality control test is done and cleared, the importer is able to distribute the products inside the market. Regular cosmetics: The EDI review by KPTA takes about 3-4 working days. Industry sources mentioned that it would take a month to get appropriate documents (Certificate of Manufacture/certificate of free sale/ BSE related documents) from US manufacturers. EDI fee is KW5,000 (approx. $5) for three items and KW800 (approx. $0.8) for each additional item. Functional cosmetics: MFDS should examine functional cosmetics and it will take 60 working days (3 months). It will take about a month for importers to get appropriate documents from US manufacturers. The examination fee is KW189,000/item (approx. $189). Under the implementation of U.S.–Korea Free Trade Agreement (KORUS FTA) in March 2012, tariffs on imported cosmetics have been reduced. Remaining Korean tariffs on imported US cosmetics will be eliminated over a ten-year period. For More Information: Heesook Baik, Commercial Specialist U.S. Commercial Service Korea U.S. Embassy Seoul T. 82-2-397-4172 hesooik.baik@trade.gov www.export.gov/southkorea
Annex
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Asia Personal Care & Cosmetics Mark
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Table of Contents Country Guide: Au
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Overview of the Domestic Market Siz
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Table I: Total Imports of Personal
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interest, if the products are direc
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eached Australia, despite the count
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Cosmetics that make therapeutic cla
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Personal Care & Cosmetics Products
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Eye Shadow $15 $27 $48 $84 Mascara
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Baby and child specific products ar
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2015 Key Figures: • 63,241 visits
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• Stamped copies of power of atto
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HS Code Description Tariff VAT Cons
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Personal Care & Cosmetics Products:
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Hong Kong’s total imports, includ
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In developing a distribution strate
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In premium skincare products, consu
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Hong Kong. Other leading U.S. skinc
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3. “Dermo-skincare products” fo
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functional items to more advanced a
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market in India. For a new imported
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• Product Mix at the trade show:
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- The office of the Drug Controller
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Distributors notice that products w
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ecommended for substantial entry in
Page 55 and 56: Imports from Southeast Asian neighb
Page 57 and 58: - Issued by the manufacturer/princi
Page 59 and 60: products. From the viewpoint of not
Page 61 and 62: Fragrances, especially new product
Page 63 and 64: Shaving Prep 3.00 6.00 13.00 65.00
Page 65 and 66: Color Cosmetics Japanese women use
Page 67 and 68: Upon receipt of the manufacturing o
Page 69 and 70: Personal Care & Cosmetics Products
Page 71 and 72: 3304 Make-Up & Skin-Care Preparatio
Page 73 and 74: The younger generation females tend
Page 75 and 76: The majority of the mass market cos
Page 77 and 78: 27.44% of the Malaysian manicure or
Page 79 and 80: to the Muslim consumers should be a
Page 81 and 82: • Population changes will shape e
Page 83 and 84: United Kingdom $23,932 4% $25,649 4
Page 87 and 88: In addition to personal care produc
Page 89 and 90: purchases across all socio-economic
Page 93 and 94: Leading international brands contin
Page 95 and 96: moisturizer than a foundation and y
Page 97 and 98: 2. Hair care preparations (shampoos
Page 99 and 100: There are no import or custom dutie
Page 101 and 102: 2012 2013 2014 2015 Total Market Si
Page 103 and 104: Since the demand for new retail cha
Page 105: Overview of the Domestic Market US
Page 109 and 110: COSMETICS MARKET READINESS ASSESSME
Page 111 and 112: Product Function No Not required if
Page 117 and 118: Product Notification Cosmetics prod
Page 119 and 120: Percentage of Ingredients Claimed N
Page 121 and 122: Product Sample Labeling Country of
Page 123 and 124: ASEAN Table: Cosmetics Indonesia Ma
Page 125 and 126: Australia Personal Care and Cosmeti
Page 137 and 138: Table 2: China Imports of Personal
Page 139 and 140: Table 4: China's Imports of Persona
Page 145 and 146: HTS Code Description 2011 2012 2013
Page 147 and 148: HONG KONG'S DOMESTIC EXPORTS BY PRO
Page 149 and 150: HONG KONG'S IMPORTS BY PRODUCTS, 20
Page 151 and 152: HONG KONG'S IMPORTS FROM THE U.S. B
Page 153 and 154: HONG KONG'S IMPORTS FROM FRANCE BY
Page 155 and 156: HONG KONG'S IMPORTS FROM KOREA (SOU
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India Personal Care and Cosmetics T
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Indonesia Personal Care and Cosmeti
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Japan Personal Care and Cosmetics T
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Malaysia Personal Care and Cosmetic
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Table 2: Philippines Imports of Per
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Table 4: Philippines's Imports of P
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Table 10: Imported Products Share o
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Table 13: HS 37: Cosmetic & Toilet
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Singapore Personal Care and Cosmeti
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South Korea Personal Care and Cosme
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1401 Constitution Avenue, NW Washin
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Asia Personal Care & Cosmetics Market Guide 2016

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