Increasing Asian demand is pushing Australian exports of beauty and natural health related products. Last year Hong Kong imports of cosmetics grew by over 20 per cent to reach AUD 1.42 billion (more than EUR 820 million), while mainland China’s imports grew by a staggering 38.9 per cent to reach AUD 585 million (EUR 339), revealed the Australian Trade Commission (Austrade).
“Natural health and beauty is big business, and Australian expertise can tap into increasing demand across Asia for quality cosmetics and natural health products. Australia has deservedly established a strong reputation as a reliable supplier of consistently high quality, innovative products and ingredients," commented Austrade’s Hong Kong-based Senior Trade Commissioner Mark Wood.
Austrade is therefore encouraging Australian exporters to participate at Cosmoprof Asia 2008 in Hong Kong on November 12-14. Mr Wood said the event is ideal for companies considering entry into other Asian markets in addition to Hong Kong, as exhibitors are offered the chance to meet key buyers and decision makers from many countries in one central location, including buyers from neighbouring countries in South East and North East Asia.