UBM Asia is pleased to announce the launch of ASEANbeauty, the only beauty trade event supported by the Thai Cosmetics Manufacturers Association. This is to be the premier international beauty trade show for South East Asia taking place in Thailand from 8-10 April, 2015 at the Bangkok International Trade & Exhibition Centre.
Thailand’s beauty industry is growing fuelled by a strong economy and increasingly sophisticated consumers , including men who are proving to be a particularly lucrative market. There are many opportunities for both international as well as domestic companies in Thailand due to the strong economy, increasing demand a vibrant market in which new products and innovations are leading to growing competition. With 70 million consumers, the market in Thailand is thriving with the value of the beauty and personal care market in Thailand growing by 8% just last year in 2012.
Thailand offers excellent business opportunities for anyone wishing to invest in this dynamic market. Strategically located at the heart of Asia, Thailand is also well placed to offer a gateway to both the ASEAN (Association of Southeast Asian Nations) and Asia-Pacific markets which offer excellent business potential.
The ASEAN region alone has a cumulative population of more than 500 million and GDP in excess of US $700 billion. Thailand’s economy is in the top three in terms of size and volume of international trade. It is therefore well positioned as the region moves towards economic integration and a single free-trade area by 2015.
Southeast Asia also is a strategic region, where economic growth and development is expected to exceed the global average. A wealth of natural resources, low-cost skilled labour and regional economic integration with the ASEAN Economic Community by 2015 have attracted businesses keen to explore the vibrant new domestic markets that are emerging in ASEAN countries.
ASEANbeauty will be the leading industry event where companies looking to expand in Southeast Asia will be able to build business network and gain industry insights through seminars and educational workshops.
Mrs. Ketmanee Lertkitcha, President of The Thai Cosmetic Manufacturers Association and supporting partner of ASEANbeauty, welcomes the event: “We are proud to support ASEAN beauty as the market is ready for a fair representing the Southeast Asia region. The event will be the best place not only to meet potential buyers and distributors, but also to observe trends and gather market intelligence.”
“Visitors can expect to meet over 200 leading suppliers covering personal care, skin care, hair care, nail care including cosmetics, fragrances, raw ingredients, salon supplies, natural heath products, hair products, nails and accessories from Asia and countries around the world in a truly global marketplace,” said M Gandhi, Managing Director, UBM ASEAN Business.
Please visit the ASEANbeauty exhibition website at www.aseanbeautyshow.com for further details.