Key Market Indicators
Malaysia's cosmetics export is projected to reach half a billion dollars by 2026, growing at an average rate of 2.4% year-on-year. Since 1994, supplies have increased 7.2% annually. In 2021, Malaysia was ranked 39th in the world, behind Romania with $443,150,000. The United States, Germany and Ireland were ranked 2nd, 3rd and 4th respectively. The nation's cosmetics import is predicted to reach $1.4 billion by 2026, growing at an annual compound rate of 2.5%. Since 1994, demand has risen 6.7% each year. In 2021, Malaysia was 26th in the world, behind Austria with $1,219,700,000. China, Germany and the United Kingdom placed 2nd, 3rd and 4th respectively.
