Indonesian Cosmetics & Beauty Industry: Promising business sector until 2035
Indonesia’s national economy continues to show positive developments. Local industrial sectors continue to emerge in various regions of Indonesia. One of the business units that helped enliven the industrial sector in Indonesia is beauty and cosmetic products.
Indonesian government commits to encourage the growth of the national beauty and cosmetics industry. The commitment is outlined in the National Industrial Development Master Plan Number 14 Year 2015. Based on this regulation, the development stages of the national beauty and cosmetics industry will be conducted until 2035.
Revenues are projected to reach $7.5 billion in 2021 and grow at a 6.5% compound annual growth rate through 2025, according to Statista.com. In terms of market segments, personal care is the largest with $3.2 billion, followed by skin care ($2.1 billion), cosmetics ($1.7 billion) and fragrances ($0.4 billion)
Discover new, innovative, tech-driven products and solutions that will shake up the beauty and personal care market. Explore the most advanced, sophisticated, and breakthrough products in the developing market of beauty & technology
Supply chain area will cover the range spectrums in Machinery, Packaging, Contract Manufacturing, OEM/ODM, raw materials formulation
INGREDIENTS & PACKAGING
Explore exciting new packaging solutions that capture the essence of your products with creative design and pioneering technologies at the exhibition’s fastest growing segment, where you can also meet leading producers of raw materials / ingredients and compounds.