Month: July 2021

Asia is now home to the most mid-income class consumers in the world. By 2022 another 50 million new
consumers will join the ranks of the middle class in Indonesia, Malaysia, the Philippines, Thailand, and
Vietnam further contributing to the region’s $300 billion middle-class disposable income. The middle
class will expand to include 350 million people and will continue its upward trajectory. The economies of
East Asia, (e.g. Japan, Korea, and Taiwan) have held mid-income status for years and continue to be
major buyers and makers of natural skincare/cosmetics.

Thank you for taking the time to read this report.
While many of us see Asia as a place we import from, my experience living
and working there for many years has taught me that there is a tremendous
opportunity for us to export our products and services to them.
With this report, I hope to kindle your interest in learning more about doing
business in Asia – and tap into an opportunity to grow your business into a
huge and fast-growing market.