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One year “Merchandising License” contract extension                                                                                                           CONFIDENTIAL
   13
           Personal Care






               6     Shower & Bath Soap                                        WHY Shower & Bath Soap


                                                                               HIGHLIGHT Shower & Bath Market in Indonesia
              Shower & Bath Revenue  In Billion US Dollars  0,50  0,40  0,44  0,46  0,50  •  The segment Shower & Bath includes all products used for maintaining daily
                                                                                    Revenue in the Shower & Bath segment amounts to US$500M in 2023. The
                     0,70
                                                                               •
                                                               0,61
                                                          0,58
                                                     0,55
                                                                                    market is expected to grow annually by 5.52% (CAGR 2023-2027).
                     0,60
                                                0,52
                     0,40
                                                                                    hygiene and personal care of the body covering shower gels, body scrubs,
                     0,30
                                                                                    bathing products and soap.
                     0,20
                                                                                    Indonesia is great market for bath soap. Based on the survey, 94.2% of
                                                                               •
                     0,10
                                                                                    respondents said that they like taking a shower.
                     0,00
                                                                                    Top 7 brands for Soap in online marketplace are Lifebouy, Pyary, Shinzu’i, Dettol,
                                                                               •
                          2020 2021 2022 2023 2024 2025 2026 2027
                                                                                    Nuvo, Kojie San, Ryder
                                                 Lifebouy      6.8%
                   Top Selling Bath Soap         Priary        5.2%            Our Target

                       Brands at Shopee,         Shinzu’i      4.2%            Product : Shower & Bath Soap
                    Tokopedia, and Blibli        Dettol        3.9%
                                                 Nuvo
                                                               3.1%
                            January 2022         Kojie San     3.1%            Channel : Minimarket and Convenience Store
                                                 Ryder         3.0%            Sales          : 0.5% of total Shower and Bath Revenue = US$2.5M






                       http://report.licorice.pink/blog/indonesia/indonesian-do-showering-every-day-a-good-market-for-soap-and-shampoo-industries/
                       https://compas.co.id/article/sabun-mandi-terlaris/
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