Choosing The Best Private Label Skin Care Manufacturer
Strong desire among women and men to retain youthful appearance has boosted growth of the skin care merchandise business. In addition, quickly growing older demographics has led to a surge in demand for anti-aging merchandise to stop wrinkles, age spots, dry skin, and uneven skin tone, thereby augmenting the Vietnam skincare products market development.
According to Vietnam skin care products market evaluation, the market is segmented into product type, demographics, age group, and gross sales channel. Depending on product sort, the market is categorized into cream, lotion, and others. By demographic, it's bifurcated into female and male. On the idea of age group, it's divided into era X, millennial, and generation Z. As per sales channel, it's categorized into grocery store/hypermarket, specialty stores, malls, beauty salons, pharma drug stores, and on-line 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 international cosmetic companies operating at present, accounting for 90% of the Vietnamese market share. Among the four hundred overseas beauty businesses, 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 international locations (7%).
The main gamers working in the Vietnam skincare merchandise are the LOral Group, the Procter Gamble Company, Unilever Vietnam, Estee Lauder Companies Inc., Shiseido Company Limited, and Avon Products Inc. The native firms embody Dai Viet Huong Company Limited and Saigon Cosmetics Corporation.
Establish your individual beauty brand
To start promoting cosmetics products in Vietnam, you first must register your merchandise and get government level approval. Note that solely the holder of the product registration can import the merchandise to Vietnam.
Vietnam follows the ASEAN Cosmetic Directive. The government body that regulates cosmetic product registration in Vietnam is the Drug Administration of Vietnam (DAV) underneath the Vietnam Ministry of Health (MOH).
Cosmetics registration in Vietnam may be done by a company or an individual who is the brand owner or appointed by the brand owner. However, either should have the operate of cosmetics business in Vietnam.
Therefore, to import and register cosmetics merchandise in Vietnam, you first need an organization in Vietnam that also has the proper to import cosmetics. The company have to be registered as a wholesale trading company or a retail sales company, or both.
It is not hard to register and setup your business in Vietnam. When you want of product manufacturing, you even have resolution for it. Instead of setting an enormous unit for manufacturing which additionally want plenty of funding, you can easy use the answer to outsource. Yes outsourcing the key to begin a new beauty business and grow your model with low value primarily.
Olehana, the reliable private label cosmetics manufacturers in china provides wide range of merchandise for skin care and beauty. It course of your demand of personal label cosmetics at affordable price. It has an enormous manufacturing unit which already producing large scale of products upon client's requirement.
https://www.olehanavietnam.com/ is the official website of Olehana Vietnam. You can go to and contact Olehana to join hand on your non-public label product manufacturing.