THAILAND PERSONAL CARE PRODUCT SECTOR PUSHES AHEAD, DESPITE COUNTRY’S POLITICAL TURMOIL
April 21st, 2015
With the implementation of the 10-nation ASEAN (Association of Southeast Asian Nations) Economic Community scheduled for the end of 2015, Thailand's cosmetic industry is hoping to capitalise on a liberalised common market and streamlined regulatory procedures to boost growth at home and abroad. Thailand is already ASEAN's largest beauty and personal care market and the industry has shown remarkable resilience even as Thailand’s overall economy has dragged the past few years. The market was valued at Thai Baht THB160 billion (USD4.91 billion) in 2014 by market ...
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