Reference

Β·

Supporting source

Thailand Cosmetic OEM/ODM Industry Revenue

~USD 6–7B/yr (industry total, incl. exports)

As ofFY2023Β·Sources4Β·Supporting

Thailand's cosmetic and personal-care OEM/ODM sector generates an estimated USD 6–7 billion in annual revenue when including finished-goods exports under contract. The country is ASEAN's largest cosmetic-manufacturing hub, hosting over 2,000 licensed cosmetic manufacturers registered with the Thai FDA. Strengths include proximity to regional fragrance and botanical ingredient supply chains, GMP-certified factory infrastructure, and a regulatory environment (Thai FDA Cosmetic Act 2015) that aligns with ASEAN Cosmetic Directive standards. Thailand Industrial Liaison Office and the Thai Cosmetic Manufacturers Association (TCMA) publish annual industry surveys.

Figure in context

Thailand's cosmetic and personal-care OEM/ODM sector generates an estimated USD 6–7 billion in annual revenue when including finished-goods exports under contract. The country is ASEAN's largest cosmetic-manufacturing hub, hosting over 2,000 licensed cosmetic manufacturers registered with the Thai FDA. Strengths include proximity to regional fragrance and botanical ingredient supply chains, GMP-certified factory infrastructure, and a regulatory environment (Thai FDA Cosmetic Act 2015) that aligns with ASEAN Cosmetic Directive standards. Thailand Industrial Liaison Office and the Thai Cosmetic Manufacturers Association (TCMA) publish annual industry surveys.

Thailand's cosmetic and personal-care OEM/ODM sector generates an estimated USD 6–7 billion in annual revenue when including finished-goods exports under contract. The country is ASEAN's largest cosmetic-manufacturing hub, hosting over 2,000 licensed cosmetic manufacturers registered with the Thai FDA. Strengths include proximity to regional fragrance and botanical ingredient supply chains, GMP-certified factory infrastructure, and a regulatory environment (Thai FDA Cosmetic Act 2015) that aligns with ASEAN Cosmetic Directive standards. Thailand Industrial Liaison Office and the Thai Cosmetic Manufacturers Association (TCMA) publish annual industry surveys.

Time scope

FY2023

Source basis

Supporting source

Interpretation notes

What this tells you

Thailand's cosmetic and personal-care OEM/ODM sector generates an estimated USD 6–7 billion in annual revenue when including finished-goods exports under contract. The country is ASEAN's largest cosmetic-manufacturing hub, hosting over 2,000 licensed cosmetic manufacturers registered with the Thai FDA. Strengths include proximity to regional fragrance and botanical ingredient supply chains, GMP-certified factory infrastructure, and a regulatory environment (Thai FDA Cosmetic Act 2015) that aligns with ASEAN Cosmetic Directive standards. Thailand Industrial Liaison Office and the Thai Cosmetic Manufacturers Association (TCMA) publish annual industry surveys.

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Use the linked report for interpretation and keep basis differences explicit.

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Thailand Cosmetic OEM/ODM Industry Revenue Β· Insight