Skincare Competitor Assessment Thailand

Jan 18, 2022

Competitive Landscape Analysis – SkincareMarket in Thailand

Situation

Our client wanted to understand how a fast-growing skincare brand achieved rapid scale in Thailand and what underlying success factors could be translated into its own strategy.

Objective

The objective was to assess key success factors behind the brand’s growth in Thailand, covering strategy evolution,go-to-market, channel mix, marketing model, and investment approach.

Our Work

10EQS conducted a targeted competitor deep-dive, combining expert interviews with desk-based research, covering strategy evolution, and key success factors, STP and marketing mix (4Ps) assessment, investment and budget management (launch vs. expansion), as well as retail channel strategy and trade terms.

Project team
  • Ex-BCG Management Consultant with extensive experience in competitive assessments and CPG, based in Thailand
  • Associate Consultant conducting secondary research & supporting content synthesis
  • 10EQS Delivery Operations (=PMO) providing quality assurance, process management and expert recruitment
  • 3 industry experts
Industry experts (excerpt)
  • Product Manager – Skincare Brand (Thailand)
  • General Manager – Skincare Brand (Thailand)
  • Sales Channels Business Planning Lead – Skincare Brand (Thailand)

Results

The results revealed that the benchmarkedvbrand achieved rapid early traction post-launch, then compounded growth through a combination of credible product/claims architecture, tight messaging, and consistent activation across channels. A digital-first engine became a major growth driver over time, complemented by a selective offline footprint focused on high-impact retail environments and a smaller presence in professional/medical routes to market.