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Cosmax Reaches 2 Trillion Won Milestone in Global Beauty Industry
Creatrip Team
9 months ago
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Cosmax, a leading global OEM/ODM company in cosmetics and health supplements, is set to become the first in its industry to achieve sales of 2 trillion won. The company plans to continue its growth by enhancing research and production efficiency. Cosmax supports indie brands in global markets, especially in Southeast Asia and the USA, emphasizing 'Halal beauty' products suited for MZ generation (Millennials and Gen-Z) in regions like Indonesia and localized strategies in Thailand. They focus on nurturing partnerships and expanding to new regions, innovating through projects like LOCO for emerging markets by aligning products with local demands. CEO Lee Byung-man aims to reinforce their leadership with fast, value-driven products through global collaborations and automation in production.
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