Malaysia Cosmetic Regulatory Compliance and Importation Requirements
Sep. 22nd, 2021
Thulasi Letchimanan
Free
Background
According to Statista, revenues in the Malaysian beauty and personal care market have reached 2.5 billion USD in 2021 and are expected to grow annually by 4% until 2025. Due to the relatively low import tariffs on cosmetics, the simple notification procedures, and per capita national income of 10,000 USD, many international cosmetics companies are planning to enter Malaysia.
Malaysia is one of the countries with the highest economic growth rate in ASEAN. The per capita national income has reached 11,193 USD, which means a group of potential affluent consumers. The construction new shopping malls in the capital city also provides direct access to affluent consumers for global brands. Mid-price functional skincare, best-in-class pharmaceutical grade skin care, efficacious and safe skin care, and hair care products that are backed by clinical data will likely to get good sales in Malaysia.
If stakeholders can grasp the requirements of Malaysian cosmetics notification regulations, they can enter the market as soon as 30 working days. What’s more convenient is that most of the notification documents can be in English. ChemLinked invited Ms. Thulasi, the managing director of Victory Pharma Consultancy, to share her rich experience in Malaysian cosmetic market entry, including cosmetic import procedures, notification, labeling requirements etc., and finally provide companies with practical advices. You’ll also have the opportunity to ask and receive answers live.
Contents
- Definition & Product Classification
- Cosmetic Regulatory Background
- Notification of Cosmetics in Malaysia
- Guidelines for Control of Cosmetic Products in Malaysia
- Challenges & The Way Forward
- Company Setup in Malaysia
- Live Q&A
Who Should Attend
- Cosmetic companies whose target market is Malaysia or ASEAN countries; or
- Companies who are interested in Malaysian or ASEAN cosmetic regulations; or
- Cosmetic companies who want to increase competitiveness level and win Malaysian consumers.
Further Reading
- Malaysia Cosmetic Regulation
- Malaysia to amend Guidelines for Control of Cosmetic Products in Malaysia
- Halal Series: How to Obtain a Cosmetic Halal Certification in Malaysia
Schedule
| Date | Time (GMT+8) | World Clock | Language | Speaker |
| 2021-09-22 | 21:30 ~ 22:30 | London: 14:30-15:30 New York: 09:30-10:30 | English | Thulasi Letchimanan |
Speakers
Thulasi Letchimanan
Managing Director of VICTORY PHARMA CONSULTANCY
Thulasi is currently a fully registered pharmacist where she initially started off her career as a regulatory pharmacist in a local government linked pharmaceutical company for about 3 years. Later she has ventured in a retail pharmacy where she practiced dispensing for about year. Following retail experience, she gained more experience in a drug distribution company for 3 years.
Passionate in her regulatory job, now that she has initiated her own company Victory Pharma Consultancy in 2018 where she has started drug registration and other regulatory services assisting many companies to meet their objectives. This company is basically providing consultation on various regulatory issues faced by many companies both locally and internationally with Malaysia Ministry of Health.
As a degree holder in pharmaceutical science and technology, she has a wide experience in guiding pharmaceutical companies to set their own business locally more to health/pharmaceutical business. Her professional team of Victory Pharma Consultancy is open to welcome many opportunities in future.
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