Asia Personal Care & Cosmetics Market Guide 2016
AsiaCosmeticsMarketGuide
AsiaCosmeticsMarketGuide
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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.