Indonesia cosmetic industry growth

Premuniaga serves cosmetic products buyers at Tranz Cosmetics, South Tangerang, Wednesday (31/7/2024). The Ministry of Economic Affairs Coordinator recorded the growth of the amount of cosmetic industry in Indonesia reached 21,9 percent or from 913 companies in 2022 to 1.010 companies in 2023 with the global market share estimated to be able to reach USD473.21 billion in 2028 with an average growth of 5.5 percent per year. ANTARA PHOTO/Sulthony Hasanuddin/Spt.