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Strong want amongst men and women to retain youthful appearance has boosted development of the skincare products business. In addition, rapidly aging demographics has led to a surge in demand for anti-aging merchandise to stop wrinkles, age spots, dry skin, and uneven pores and skin tone, thereby augmenting the Vietnam skincare merchandise market progress.

According to Vietnam skincare products market evaluation, the market is segmented into product sort, demographics, age group, and sales channel. Depending on product kind, the market is categorized into cream, lotion, and others. By demographic, it is bifurcated into male and female. On the basis of age group, it is divided into era X, millennial, and generation Z. As per gross sales channel, it is categorized into supermarket/hypermarket, specialty shops, malls, magnificence salons, pharma drug shops, and online sales channel.

Competition on cosmetic market in Vietnam

According to a report from the Society of Cosmetics of Ho Chi Minh City Foreign, beauty brands have been dominating the market in Vietnam with over 400 overseas cosmetic businesses operating presently, accounting for 90% of the Vietnamese market share. Among the 400 overseas cosmetic companies, Korean brands garner the best share of 30%, followed by brands from European countries (23%), Japan (17%), Thailand (13%), the U.S. (10%), and different nations (7%).

The main players operating within the Vietnam skin care products are the LOral Group, the Procter Gamble Company, Unilever Vietnam, Estee Lauder Companies Inc., Shiseido Company Limited, and Avon Products Inc. The local companies include Dai Viet Huong Company Limited and Saigon Cosmetics Corporation.

Establish your own beauty model

To start selling cosmetics merchandise in Vietnam, you first need to register your products and get government level approval. Note that only the holder of the product registration can import the products to Vietnam.

Vietnam follows the ASEAN Cosmetic Directive. The government physique that regulates beauty product registration in Vietnam is the Drug Administration of Vietnam (DAV) under the Vietnam Ministry of Health (MOH).

Cosmetics registration in Vietnam could be done by an organization or an individual who's the brand proprietor or appointed by the model owner. However, both must have the operate of cosmetics enterprise in Vietnam.

Therefore, to import and register cosmetics merchandise in Vietnam, you first want an organization in Vietnam that additionally has the right to import cosmetics. The firm must be registered as a wholesale trading company or a retail sales firm, or both.

It just isn't hard to register and setup your corporation in Vietnam. When you want of product manufacturing, you also have solution for it. Instead of setting a giant unit for manufacturing which also need lots of funding, you possibly can simple use the answer to outsource. Yes outsourcing the key to begin a new beauty enterprise and develop your model with low value primarily.

Olehana, the dependable private label cosmetics manufacturers in china presents big selection of merchandise for skin care and cosmetic. It process your demand of personal label cosmetics at affordable worth. It has a big production unit which already producing large scale of products upon consumer's requirement.

https://www.olehanavietnam.com/ is the official web site of Olehana Vietnam. You can visit and make contact with Olehana to affix hand for your personal label product manufacturing.

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