In contrast to China, Japan, Singapore and South Korea, other markets in Southeast Asia and India are relatively unsaturated, with limited presence of both international luxury beauty brands and visible local ones. Image credit: Kearney, LuxAsia
Southeast Asia and India are set to be the next gold-rush markets in luxury beauty across Asia Pacific, reaching a sales potential of $7.6 billion by 2026, according to a new report by brand distribution firm LuxAsia and Kearney.