Asia-Pacific Outlook (including South Korea and China)
- The Asia-Pacific market for anti-aging products is projected to grow 82.20% by the end of 2015.
There is growing demand for skin care products in the Asia-Pacific region, including China, Australia, India, Hong Kong, Indonesia, Malaysia, New Zealand, South Korea, Philippines, Taiwan, Singapore, Thailand, and Vietnam. As a result, the Asia-Pacific market is providing tremendous export opportunities for U.S. and other foreign companies. Some skin care products such as anti-aging products, skin whitening products, tooth whitening products, and sun care products are witnessing high demand in most of the Asian markets.
Recent health scares in Asia-Pacific have driven consumers to look for ways to strengthen their immune systems, which has increased the sales of vitamin and dietary supplements. Increasingly hectic lifestyles and the introduction of many product innovations are also contributing to the rising demand for dietary supplements in the region as a whole.
