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Why Indonesia's beauty market is growing faster than ever
Kantar Worldpanel's latest report illustrates how beauty has become one of the strongest performing industries in the country despite economic challenges. Indonesia's beauty market has experienced remarkable growth over the past five years, outpacing the rest of the FMCG market. With a year-on-year value growth of 16%, four times faster than FMCG as a whole, beauty is now one of the country's strongest industries. Even in the face of major challenges such as the pandemic, economic... - Ashley Kang / Asia / Pacific
Kantar Worldpanel's latest report illustrates how beauty has become one of the strongest performing industries in the country despite economic challenges.
Indonesia's beauty market has experienced remarkable growth over the past five years, outpacing the rest of the FMCG market. With a year-on-year value growth of 16%, four times faster than FMCG as a whole, beauty is now one of the country's strongest industries.
Even in the face of major challenges such as the pandemic, economic...
-
Ashley Kang
/
Asia / Pacific
