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Perfumes and cosmetics

Report: Southeast Asia, India next luxury beauty growth markets in Asia Pacific

October 18, 2023

In contrast to China, Japan, Singapore and South Korea, other markets in Southeast Asia and India are relatively unsaturated, with limited presence of both international luxury beauty brands and visible local ones. Image credit: Kearney, LuxAsia In contrast to China, Japan, Singapore and South Korea, other markets in Southeast Asia and India are relatively unsaturated, with limited presence of both international luxury beauty brands and visible local ones. Image credit: Kearney, LuxAsia

 

By Staff reports

Southeast Asia and India are set to be the next gold-rush markets in luxury beauty across Asia Pacific, reaching a sales potential of $7.6 billion by 2026, according to a new report by brand distribution firm LuxAsia and Kearney.

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