With a burgeoning young population and a growing middle class, Cambodia, Laos, and Myanmar are viewed as new frontiers for overseas companies in the beauty and cosmetics industry. Combined revenue in the beauty and personal care markets of Cambodia, Laos, and Myanmar amounts to 3.4 billion USD in 2021.
The large population of young people in these three countries is heavily engaged with global beauty trends and eager to embrace a modern lifestyle. Their increasing purchasing power and the value they place on the importance of skin and facial care is causing rapid growth in the demand for cosmetics and beauty products in particular, and the relative difficulties of securing quality local manufacturing present importers with excellent opportunities. By arriving early in the marketplace, brands can shape preferences for their cosmetics among the target consumers, and cosmetic imports can quickly become household names as the market develops.
To that end, leading Southeast Asian law firm Tilleke & Gibbins is collaborating with ChemLinked to offer a multi-guest webinar to equip international companies with essential knowledge of the legal framework in each jurisdiction relating to the exportation of cosmetics products.
In this last episode of the Southeast Asia Focus Webinar series, four leading lawyers from Tilleke & Gibbins’ offices in Phnom Penh, Vientiane and Yangon, will provide an overview of cosmetics regulations in Cambodia, Laos and Myanmar, discuss key elements of the regulatory framework, delve into compliance requirements and labeling essentials, and share practical advice for foreign cosmetic brands doing business in Southeast Asia’s emerging markets. You’ll also have the opportunity to ask and receive answers live.
*From August to December, ChemLinked is teaming up with leading law firm Tilleke & Gibbins to host webinar series on Southeast Asia cosmetic regulations, including Thailand, Indonesia, Vietnam, Cambodia, Laos and Myanmar.
Cosmetic companies whose target market is Cambodia, Laos, and Myanmar or ASEAN countries; or
Companies who are interested in Cambodia, Laos, and Myanmar or ASEAN cosmetic regulations; or
Cosmetic companies who want to increase competitiveness level and win Cambodia, Laos, and Myanmar consumers.