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Sunday, April 28, 2024

Outlook bright for Thai cosmetics, skincare products

Kesmanee Lertkitcha, chairman of Cluster Health & Beauty at The Federation of Thai Industries (FTI), forecasts Thai beauty industry to grow for the second consecutive year after first ever hiccup in 2020 due to the pandemic.

Thailand’s beauty industry is expected to grow by almost 4% this year driven by hygiene products as well as the skincare category, particularly children’s products and men’s grooming products driven by the popularity of Korean TV series.

Kesmanee Lertkitcha, chairman of the health and beauty cluster of the Federation of Thai Industries (FTI), said she is optimistic that the industry will maintain its growth momentum this year after recovering to 3% growth in 2021, generating sales of 320 billion…

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