Product Code: ETC320906 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Malaysia Cosmetic Products market currently, in 2023, has witnessed an HHI of 1167, Which has increased slightly as compared to the HHI of 1047 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The cosmetic products market in Malaysia is set for growth, supported by changing consumer preferences and increased beauty consciousness. A diverse range of cosmetics, including skincare, makeup, and fragrances, are in high demand. The market is driven by factors such as urbanization, social media influence, and a desire for self-expression through beauty products. To succeed in this competitive market, companies must adapt to consumer trends, offer innovative products, and maintain a focus on quality and safety.
The cosmetic products market in Malaysia is driven by changing beauty standards, increasing urbanization, and a growing middle-class population. With a wide range of products including skincare, makeup, and haircare, this market is evolving to meet diverse consumer preferences. Additionally, the influence of social media and celebrity endorsements is fueling consumer demand for cosmetic products. Continuous innovation and product diversification are expected to be key strategies for companies operating in this sector.
The Malaysia cosmetic products market faces a variety of challenges, including evolving consumer preferences, regulatory compliance, and sustainability concerns. Consumer demands for natural and organic products, as well as cruelty-free and environmentally friendly cosmetics, are on the rise. Meeting these demands while adhering to strict regulatory requirements can be a significant challenge. Additionally, intense competition and the need for innovative product development require continuous investment and research. To succeed in this market, companies must navigate these challenges and keep pace with changing consumer expectations.
The cosmetic products market in Malaysia is expected to witness sustained growth in the coming years. Factors such as a growing middle-class population, urbanization, and increasing disposable income levels are driving the demand for a wide range of cosmetic products, including skincare, makeup, and fragrances. The COVID-19 pandemic led to a shift in consumer preferences towards e-commerce channels for purchasing cosmetics, and this trend is expected to continue. Brands that invest in online presence and digital marketing strategies are likely to thrive. The pandemic did temporarily disrupt the supply chain, leading to product shortages, but the market is gradually stabilizing.
The cosmetic products market is expected to grow in Malaysia, with various global and local players, including Avon Products, Inc., Revlon, Inc., Mary Kay Inc., Shiseido Company, Limited, and Amway Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Cosmetic Products Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Cosmetic Products Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Cosmetic Products Market - Industry Life Cycle |
3.4 Malaysia Cosmetic Products Market - Porter's Five Forces |
3.5 Malaysia Cosmetic Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Cosmetic Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia Cosmetic Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Cosmetic Products Market Trends |
6 Malaysia Cosmetic Products Market, By Types |
6.1 Malaysia Cosmetic Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Cosmetic Products Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Cosmetic Products Market Revenues & Volume, By Skin Care Products, 2021-2031F |
6.1.4 Malaysia Cosmetic Products Market Revenues & Volume, By Color Cosmetics, 2021-2031F |
6.1.5 Malaysia Cosmetic Products Market Revenues & Volume, By Hair Care Products, 2021-2031F |
6.1.6 Malaysia Cosmetic Products Market Revenues & Volume, By Fragrance And Deodorants, 2021-2031F |
6.1.7 Malaysia Cosmetic Products Market Revenues & Volume, By Sun Care Products, 2021-2031F |
6.1.8 Malaysia Cosmetic Products Market Revenues & Volume, By Soaps, Bath, & Shower Products, 2021-2031F |
6.1.9 Malaysia Cosmetic Products Market Revenues & Volume, By Personal Hygiene Products, 2021-2031F |
6.1.10 Malaysia Cosmetic Products Market Revenues & Volume, By Personal Hygiene Products, 2021-2031F |
6.2 Malaysia Cosmetic Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Cosmetic Products Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.2.3 Malaysia Cosmetic Products Market Revenues & Volume, By Pharmacy & Drug Stores, 2021-2031F |
6.2.4 Malaysia Cosmetic Products Market Revenues & Volume, By Department Stores, 2021-2031F |
6.2.5 Malaysia Cosmetic Products Market Revenues & Volume, By Direct Selling, 2021-2031F |
6.2.6 Malaysia Cosmetic Products Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.7 Malaysia Cosmetic Products Market Revenues & Volume, By Beauty Salons, 2021-2031F |
6.2.8 Malaysia Cosmetic Products Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Malaysia Cosmetic Products Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Cosmetic Products Market Import-Export Trade Statistics |
7.1 Malaysia Cosmetic Products Market Export to Major Countries |
7.2 Malaysia Cosmetic Products Market Imports from Major Countries |
8 Malaysia Cosmetic Products Market Key Performance Indicators |
9 Malaysia Cosmetic Products Market - Opportunity Assessment |
9.1 Malaysia Cosmetic Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Cosmetic Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Cosmetic Products Market - Competitive Landscape |
10.1 Malaysia Cosmetic Products Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Cosmetic Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |