South Korean cosmetics company Cosmax has begun constructing a new production facility for its Thai subsidiary in Bang Phli, Thailand, with an investment of approximately USD 43.9 million. The new plant will be nearly four times larger than the existing site and is expected to begin full-scale operations by September 2026. It will have an annual production capacity of 230 million units, three times the current output of the Thai subsidiary.
The facility, designed as a smart and environmentally friendly factory, covers 35,940 square meters over four floors. It will include a carbon filter system to reduce emissions of volatile organic compounds and will adopt a zero-water-waste approach by recycling wastewater and implementing enhanced recycling measures to limit environmental impact.
The new plant aims to meet international safety and quality standards, including ISO 22716, and seeks certifications from the Thai FDA, halal authorities, and vegan certification bodies. Cosmax plans to position Thailand as a central hub for cosmetic production in Southeast Asia, reflecting the country’s growing demand for beauty products and the rise of influencer-led brands.
Thailand is currently the largest cosmetics market among ASEAN member states. According to the Korea Trade-Investment Promotion Agency, the market is projected to reach USD 812 million in 2025, an 11.5% increase from the previous year.
In 2024, Cosmax Thailand recorded revenue of approximately USD 31.9 million, representing a 70.4% increase year on year. The company operates 19 plants globally, including in Korea, China, the United States, Indonesia, and Thailand.
