Thailand Cosmetic Market: Beyond Regulatory – A Practical Guide to Sell Cosmetics in Thailand
Thailand is traditionally one of the main cosmetic markets in Asia, and its growth is estimated by 5.5% per annum until 2025. The faster-growing product segments are skincare (42%), hair products (15%), soaps and hygiene (14%), oral and dental care (12%), and makeup (12%).
Direct to Consumer channel is booming with double-digit percentages, and the trend is expected to continue due to the convenience of direct-to-consumer delivery, that in Thailand is extremely efficient and well-organized.
Beyond all the forecast, this scenario opens a great opportunity for foreign manufacturers, that can access the consumer market bypassing the traditional distributorship and getting a higher margin by using the innovative License-holding system.
In this webinar, Mr. Diego Sala, Founder and Managing Director of Siam Trade development will give you market information with an updated analysis, a summary of the regulatory landscape, and a lot of practical hints on how to access the market directly, with no local footprints.
At the end of the event, your questions will be welcomed; you will have also the opportunity to deepen the argument by email in the following days.
*To have a better chance of your questions being addressed, you’re welcome to email us the questions before the webinar.
Contents
- The market: size, main players, consumers expectations, role of social media, trend for next years
- Distribution Channels
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- Retail shops (B2B)
- E-commerce (B2C)
- Multi-leve and direct marketing (C2C)
- Import, Storage and Fulfillment
- What you need to know about custom clearance (license, documentation, labels, Duties and VAT)
- Point of entry: Warehouse requirements
- Delivery: fulfillment services and 3PL
- License Holding: access the market without local footprints
- Role of License Holder
- Cost of license Holder
- Who pays what?
- Regulatory Summary
- Manufacturer Requirements
- Notification Process
- Common obstacles: be ready to…
- Conclusions
- Question time
*The final outline may be subjected to subtle revision.
Schedule
Date | Time (GMT+8) | World Clock | Language | Speaker |
2022-07-27 | 22:00 ~ 23:00 | London: 15:00-16:00 New York: 10:00-11:00 | English | Diego Sala |
Speaker
Diego Sala
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