Reference
·Supporting source
K-Beauty and J-Beauty Contract Manufacturing Share of Thai Cosmetic OEM
~20–30% of OEM export revenue
Korean and Japanese beauty brands account for an estimated 20–30% of Thailand's cosmetic OEM export revenue, using Thai GMP facilities for ASEAN-destined contract production where shorter lead times and lower logistics costs versus Korean home-factories are decisive. K-beauty ODM contracts typically specify Korean formulary standards (KFDA-compliant ingredient lists), with Thai factories qualifying under ASEAN Cosmetic Directive mutual recognition. Thai OEM operators such as S&J International Enterprises (SET: S&J) and ICC International have disclosed Korean and Japanese clients in investor presentations. The share has grown since 2020 as K-beauty supply-chain diversification accelerated post-COVID and amid Korean Won appreciation.
Figure in context
Korean and Japanese beauty brands account for an estimated 20–30% of Thailand's cosmetic OEM export revenue, using Thai GMP facilities for ASEAN-destined contract production where shorter lead times and lower logistics costs versus Korean home-factories are decisive. K-beauty ODM contracts typically specify Korean formulary standards (KFDA-compliant ingredient lists), with Thai factories qualifying under ASEAN Cosmetic Directive mutual recognition. Thai OEM operators such as S&J International Enterprises (SET: S&J) and ICC International have disclosed Korean and Japanese clients in investor presentations. The share has grown since 2020 as K-beauty supply-chain diversification accelerated post-COVID and amid Korean Won appreciation.
Korean and Japanese beauty brands account for an estimated 20–30% of Thailand's cosmetic OEM export revenue, using Thai GMP facilities for ASEAN-destined contract production where shorter lead times and lower logistics costs versus Korean home-factories are decisive. K-beauty ODM contracts typically specify Korean formulary standards (KFDA-compliant ingredient lists), with Thai factories qualifying under ASEAN Cosmetic Directive mutual recognition. Thai OEM operators such as S&J International Enterprises (SET: S&J) and ICC International have disclosed Korean and Japanese clients in investor presentations. The share has grown since 2020 as K-beauty supply-chain diversification accelerated post-COVID and amid Korean Won appreciation.
Time scope
FY2023
Source basis
Supporting source
Interpretation notes
What this tells you
Korean and Japanese beauty brands account for an estimated 20–30% of Thailand's cosmetic OEM export revenue, using Thai GMP facilities for ASEAN-destined contract production where shorter lead times and lower logistics costs versus Korean home-factories are decisive. K-beauty ODM contracts typically specify Korean formulary standards (KFDA-compliant ingredient lists), with Thai factories qualifying under ASEAN Cosmetic Directive mutual recognition. Thai OEM operators such as S&J International Enterprises (SET: S&J) and ICC International have disclosed Korean and Japanese clients in investor presentations. The share has grown since 2020 as K-beauty supply-chain diversification accelerated post-COVID and amid Korean Won appreciation.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand Cosmetic OEM/ODM Industry Revenue
Thai FDA, Thai Cosmetic Manufacturers Association, DITP, Department of Business Development
Do Day Dream (DDD) Annual Revenue
Do Day Dream Annual Report, SET filings
Thailand Cosmetic and Personal-Care Export Value
Thai Customs Department, DITP, TCMA
Thai FDA-Licensed Cosmetic Manufacturers
Thai FDA Cosmetic Manufacturer Registry, TCMA
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.