A Report on Cosmetics Toiletries Industry of bangladesh
A Report on Cosmetic & Toiletries Industries of Bangladesh
Mansur Ahamed (Ph. D)
Research Department, JBBC Corporation
1 JBBC K.K. Tokyo To, Toshimaku, Higashi Ikebukuro, 1-20-2, Room 502, Japan. info@jbbc.co.jp
Table of Contents
Executive Summary
3
1. Introduction
4
2. Overview of the cosmetics & Toiletries Industries in Bangladesh
4
3. Product Items
6
4. Market Size
6
5. Toiletries Industry in Bangladesh
7
6. Market Player
8
7. Growth of Cosmetic and Toiletries Sector in Bangladesh
10
8. Investment Opportunities in Bangladesh
11
9. Conclusion
12
2 JBBC K.K. Tokyo To, Toshimaku, Higashi Ikebukuro, 1-20-2, Room 502, Japan. info@jbbc.co.jp
Executive Summary
Bangladesh, like other economic sector in the country, cosmetics & toiletries industry is one of the major sectors which contribute to the national economy. The report tried to furnish the overview of the performances of cosmetic & toiletries industry sector in Bangladesh. The report has also shown the overall picture of the cosmetics & toiletries industry market and opportunities in Bangladesh.
International brands play a dominant role in the upper-end market of Bangladesh, where quality ranks above pricing among the factors affecting purchasing decisions. Most local manufacturers are producing lower-priced toiletries and perfumes with their own brands, and focus on the middle-tolow price market segments.
Many domestic industries, long accustomed to tariff protection, are finding it difficult to adjust with the changed competitive situation resulting from the reduction/removal of tariff and other non-tariff barriers. Moreover, some firms think that the trade liberalization have made them vulnerable to increasing competition with foreign firms. Competition from domestic firms has also increased substantially. The report analyses cosmetic industry in the country by identifying key market players, (including
Mansur Ahamed (Ph. D)
Research Department, JBBC Corporation
1 JBBC K.K. Tokyo To, Toshimaku, Higashi Ikebukuro, 1-20-2, Room 502, Japan. info@jbbc.co.jp
Table of Contents
Executive Summary
3
1. Introduction
4
2. Overview of the cosmetics & Toiletries Industries in Bangladesh
4
3. Product Items
6
4. Market Size
6
5. Toiletries Industry in Bangladesh
7
6. Market Player
8
7. Growth of Cosmetic and Toiletries Sector in Bangladesh
10
8. Investment Opportunities in Bangladesh
11
9. Conclusion
12
2 JBBC K.K. Tokyo To, Toshimaku, Higashi Ikebukuro, 1-20-2, Room 502, Japan. info@jbbc.co.jp
Executive Summary
Bangladesh, like other economic sector in the country, cosmetics & toiletries industry is one of the major sectors which contribute to the national economy. The report tried to furnish the overview of the performances of cosmetic & toiletries industry sector in Bangladesh. The report has also shown the overall picture of the cosmetics & toiletries industry market and opportunities in Bangladesh.
International brands play a dominant role in the upper-end market of Bangladesh, where quality ranks above pricing among the factors affecting purchasing decisions. Most local manufacturers are producing lower-priced toiletries and perfumes with their own brands, and focus on the middle-tolow price market segments.
Many domestic industries, long accustomed to tariff protection, are finding it difficult to adjust with the changed competitive situation resulting from the reduction/removal of tariff and other non-tariff barriers. Moreover, some firms think that the trade liberalization have made them vulnerable to increasing competition with foreign firms. Competition from domestic firms has also increased substantially. The report analyses cosmetic industry in the country by identifying key market players, (including