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Asia Personal Care & Cosmetics Market Guide 2016

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IMPORTS<br />

Top-three categories of <strong>Personal</strong> <strong>Care</strong> and <strong>Cosmetics</strong> Products Imports into Malaysia in 2015<br />

by Country (%) <strong>Market</strong> Share<br />

HTS Description USA China Japan France Thailand South Korea EU 28<br />

Code<br />

3304 Make-Up & Skin-<strong>Care</strong><br />

41 5 28 13 14 57 41<br />

Preparations<br />

3307 Cosmetic & Toilet<br />

Preparations, Inc Shaving,<br />

Bath Prep and Deodorants<br />

15 15 3 1 11 9 5<br />

3401 Soap & Other Products to<br />

9 2 4 1 8 8 4<br />

Wash the Skin<br />

Source: Trade Policy Information System (TPIS), if marked with a * source is Global Trade Atlas<br />

EXPORTS<br />

Corresponding three categories of <strong>Personal</strong> <strong>Care</strong> and <strong>Cosmetics</strong> Products Exports from Malaysia<br />

in 2015<br />

by Country (%) <strong>Market</strong> Share<br />

HTS Code Description Ranking<br />

#1<br />

3304 Make-Up & Skin-<strong>Care</strong> Preparations Singapore<br />

24.41<br />

3307 Cosmetic & Toilet Preparations, Inc<br />

Shaving, Bath Prep and Deodorants<br />

Australia<br />

11.86<br />

Ranking<br />

#2<br />

Hong Kong 11.99<br />

Vietnam<br />

11.33<br />

Ranking<br />

#3<br />

Japan<br />

8.70<br />

Singapore<br />

11.25<br />

World<br />

(US$)<br />

133,711,814<br />

98,359,227<br />

3401 Soap & Other Products to Wash the<br />

Skin<br />

Source: Global Trade Atlas<br />

Turkey<br />

10.56<br />

United Arab<br />

Emirates<br />

8.95<br />

Philippines<br />

6.98<br />

506,474,473<br />

Consumer Profile<br />

As of <strong>2016</strong>, Malaysia’s population size is 31.3 million. Malaysia’s “15-64” age group makes up two-thirds<br />

of the population with per capita income of US$9,766 (2015). Other than the typical Malaysian<br />

consumers of mass market FMCG cosmetic and toiletries that include both sexes of the population; the<br />

consumer profile of Malaysian can roughly be categorized into age group, household income level, and if<br />

they are urban/ rural population. About 70% of Malaysians are urban dwellers. The bulk of job<br />

opportunities are centered in the highly urbanized cities of Kuala Lumpur, Penang, and the Johor region<br />

near Singapore. It is also this group that has higher disposable income to consume imported products.<br />

Malaysia is also seeing increasing demand for skin-care and grooming services by the urban male<br />

population. High female work force participation (46.8% according to World Bank), better education,<br />

overseas exposure and familiarity with foreign cosmetics and skin care brands, and knowledge of the<br />

basics of skin-care regimen are all factors that bode well for U.S. companies planning to do business in<br />

Malaysia.

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