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Bangkok Post
Bangkok Post
Business

L'Oréal unit expects beauty market to grow by 10- 20%

Thailand Covid-19 LOréal

Thailand's beauty market is expected to grow between 10-20% this year after a significant drop during the Covid-19 pandemic, according to L'Oréal Thailand.

Patrick Girod, chief executive of L'Oréal Thailand, Myanmar, Laos, and Cambodia, said the company expects the overall beauty market in 2023 to grow at a higher rate than last year when demand for beauty industry products grew by 9.5% from a year before to 149 billion baht.

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