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Meet Southeast Asian beauty stakeholders at Cosmoprof CBE ASEAN 2024

Source:Cosmoprof Release Date:2024-04-09 117
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Cosmoprof CBE ASEAN takes place from 13 to 15 June 2024 at the Queen Sirikit National Convention Centre in Bangkok

The Beauty & Personal Care market in Southeast Asia is projected to generate revenue of US$34.22bn in 2024 with an expected annual growth by 2028 of 3.30%, according to latest research from Statista. Local consumers are spending more and more for their personal care and cosmetics daily routine. Referring to distribution channels, online sales are anticipated to contribute 20.4% of the total revenue in the Beauty & Personal Care market by 2024, becoming a strategic factor for the growth of the sector.

 

For brands and companies wishing to take advantage of the positive economic scenario, Cosmoprof CBE ASEAN represents an opportunity to boost their business. The exhibition will celebrate its third edition from 13 to 15 June 2024, in the Queen Sirikit National Convention Centre in Bangkok. The exhibition is recording impressive growing results year after year, and it is becoming a reference event for stakeholders interested in the evolution of beauty market in Southeast Asia.

 

The last edition hosted more than 1,000 exhibitors and brands, 57% of them coming from overseas countries thanks to the active support of international governments, with an increase up to 46% compared to 2022. 13,255 attendees participated in the event, coming from 69 countries and regions, with a growth of 78% compared to the previous edition. Furthermore, the exhibition featured five Country and Group Pavilions representing core beauty destinations such as Thailand, China, Italy, Japan, and South Korea.  This year, we expect an even more remarkable turnout, spanning over 22,000 square meters, featuring 1,500 brands, and welcoming 14,000 visitors.

 

For 2024 expectations are growing; 86% of the exhibition area has already been sold, with companies participating from Argentina, Australia, China, France, Hong Kong, Italy, Japan, Korea, Malaysia, Portugal, Taiwan, Thailand and many others. Among Thai premium brands participating next June, Better way Thailand (Mistine), Karmarts (LIP IT, CATH Doll, Brow it, Reunrom, Skylab, Sweet Café, Jejuvta), Do Day Dream (Snail wihite, Oxecure), TAT Corporation (Plantnery), With trading  (With OMG), A&C Cosmetice (AR Airy), Want media (MIZUMI), CP Consumer  (JABS), Mama Green Organic (EarthMama), Nasema (ALOEX , BE.U ,eNos, CA HERBAL), Soap & Sense, Tropicana, Quintus (Sanny), Seago electronic ( Seago).

 

Building on this success, the upcoming edition of Cosmoprof CBE ASEAN aims to reach even greater heights., aiming to host over 300 buyers, a remarkable increase of 35% compared to the previous edition. These buyers will primarily come from Thailand, ASEAN countries, Europe and the Middle East, representing diverse industries and opportunities for collaboration.

Central to the efficiency of the Buyer Program is the Match&Meet platform, a dynamic matchmaking tool designed to streamline the process of scheduling B2B meetings. By leveraging Match&Meet, companies can preschedule meetings ensuring that valuable networking opportunities are maximized during the event.

 

WHY THAILAND AND ASEAN

Thailand is member of ASEAN, a political and economic union of 10 states in Southeast Asia. Together, its member states represent a population of over 600 million over a land area of 4.5 million km². ASEAN countries can take advantage from free trade agreements with China, India, Japan, South Korea, Australia, New Zealand, and Hong Kong. The country hosts the highest number of local manufactures of the region, mostly OEM/EDM, and serves as a primary supplier of beauty products to major markets such as China, South Korea, and Japan. Many international brands chose the country as their production center, thanks to investments offered by Thai government for cosmetics brands up to 8 years, to the easy access to high quality ingredients and raw materials, and to lower costs compared to neighboring countries.

 

 

SPECIAL AREAS

 

BEAUTY MADE IN THAILAND

Beauty Made In Thailand will be a special area for Cosmoprof CBE ASEAN 2024 dedicated to the essence of Thai beauty and its innovation. Within this vibrant space, we are proud to celebrate the diversity and excellence of Thai beauty brands and manufacturers that embody the spirit of creativity, sustainability, quality and ethics.

 

MEDICAL BEAUTY

To meet the development of specific needs and services for the segment, Cosmoprof CBE ASEAN presents a project reserved for the professional sector, aimed at attracting innovation and technology for wellness and health, combining aesthetic procedures with medical or dermatological devices/products.

 

BEAUTY SUPPLEMENTS

Thailand has become a hub for innovation and development of new products in the beauty supplement sector. Many local and international companies have invested in research and development to create advanced formulations and high-quality products that meet the needs of discerning consumers

 

SPA & WELLNESS

Holistic beauty is deeply rooted in Thailand's rich culture and millennia-old traditions and

the SPA sector is a fundamental driver of Thailand's tourism industry, thanks to its rich tradition of natural therapies and treatments. Following the growth of the segment, for the first time Cosmoprof CBE ASEAN and World SPA & Well-Being Congress will take place simultaneously and in the same location, providing participants with an unparalleled experience of networking and inspiration. The exhibition will serve as a nexus for meaningful connections and collaborations within the global spa and well-being community.

 

 

For further information please visit www.cosmoprofcbeasean.com

For online visiting registration, please click here: https://bit.ly/3J9XKlK

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