Asia, known for its rich cultural diversity, thriving economies, and vast population has been instrumental in providing a fertile environment for MLM companies aiming to extend their global footprint. Within this context, Asian business interests converge with entrepreneurial endeavors, cross-border investments, and strategic partnerships, further fueling the proliferation of MLM ventures in the region.
As traditional boundaries begin to blur, and connectivity becomes more pervasive, Asian direct selling companies have undergone a parallel transformation by leveraging the inherent power of ever-changing consumer behaviors. Asia has also emerged as a focal point for innovative direct selling trends that mirror the region's progressive spirit and adaptability.
List of Top MLM Companies in Asia
The following table highlights the top Asian direct sales companies, which not only hold a prominent position on the global rank list but also showcase a diverse range of revenue streams and sectors that are currently receiving significant consideration.
# | Company | Country | Revenue 2023 (in million USD) |
Revenue 2022 (in million USD) |
Growth Rate | Products & Service | Year Founded |
---|---|---|---|---|---|---|---|
1 | Infinitus | China | 3,500 | 3,200 | 9% |
|
1992 |
2 | Coway | South Korea | 2,900 | 2,900 | 0% |
|
1989 |
3 | Atomy | South Korea | 1,710 | 1,540 | 11% |
|
2009 |
4 | JoyMain Int. | China | 1,300 | 1,300 | 0% |
|
2000 |
5 | Perfect China | China | 1,250 | 1,250 | 0% |
|
1994 |
6 | Sunhope China | China | 1,200 | 1,200 | 0% |
|
1993 |
7 | New Era Health | China | 1,000 | 1,000 | 0% |
|
1995 |
8 | Longrich | China | 850 | 850 | 0% |
|
1986 |
9 | Quanjian | China | 650 | 650 | 0% |
|
2004 |
10 | Crowd1 | UAE | 625 | 625 | 0% |
|
2019 |
11 | Amore Pacific | South Korea | 585 | 585 | 0% |
|
1945 |
12 | RIMAN | South Korea | 545 | 545 | 0% |
|
2018 |
13 | QNet | Malaysia | 520 | 520 | 0% |
|
1998 |
14 | Golden Days China | China | 446 | 446 | 0% |
|
1991 |
15 | Farmasi | Turkey | 440 | 428 | 3% |
|
2003 |
16 | Tiens | China | 435 | 435 | 0% |
|
1995 |
17 | Pola | Japan | 433 | 548 | -21% |
|
1929 |
18 | Miki Corp. | Japan | 371 | 419 | -11% |
|
1965 |
19 | Cosway | Malaysia | 350 | 368 | -5% |
|
1979 |
20 | ModiCare | India | 350 | 350 | 0% |
|
1996 |
21 | LG Household & Health | South Korea | 320 | 320 | 0% |
|
1947 |
22 | For Days Co. | Japan | 301 | 301 | 0% |
|
1997 |
23 | Betterway | Thailand | 280 | 280 | 0% |
|
1988 |
24 | Noevir | Japan | 245 | 271 | -10% |
|
1964 |
25 | Alliance In Motion | Philippines | 238 | 238 | 0% |
|
2005 |
26 | Best World International | Singapore | 228 | 267 | -15% |
|
1990 |
27 | Naturally Plus | Japan | 218 | 221 | -1% |
|
1999 |
28 | Anran | China | 210 | 210 | 0% |
|
2005 |
29 | Kangmei | China | 210 | 210 | 0% |
|
1997 |
30 | Elken | Malaysia | 200 | 200 | 0% |
|
1995 |
31 | Earn World | Singapore | 200 | 100 | 100% |
|
NA |
32 | Ten Lead BioTech | Taiwan | 200 | 180 | 11% |
|
N/A |
33 | Alphay International | China | 195 | 200 | -3% |
|
2002 |
34 | Menard Cosmetics | Japan | 182 | 182 | 0% |
|
1959 |
35 | Gano Excel | Malaysia | 178 | 178 | 0% |
|
1995 |
36 | BearCere Ju | Japan | 165 | 172 | -4% |
|
1992 |
37 | JapanLife Co. | Japan | 158 | 158 | 0% |
|
1975 |
38 | Vestige Marketing | India | 154 | 200 | -23% |
|
2004 |
39 | PhytoScience | Malaysia | 150 | 150 | 0% |
|
2012 |
40 | Giffarine | Thailand | 150 | 159 | -6% |
|
1996 |
41 | For You | China | 147 | 147 | 0% |
|
2012 |
42 | Assuran | Japan | 127 | 139 | -9% |
|
1994 |
43 | Naris Cosmetics | Japan | 127 | 127 | 0% |
|
1932 |
44 | MI Lifestyle | India | 126 | 126 | 0% |
|
2013 |
45 | Maruko | Japan | 121 | 128 | -5% |
|
1964 |
46 | Kangzen | Thailand | 110 | 110 | 0% |
|
1993 |
47 | Zhulian Marketing | Malaysia | 108 | 108 | 0% |
|
1989 |
48 | Diana Co. | Japan | 105 | 105 | 0% |
|
1986 |
49 | The Maira Co. | Japan | 105 | 105 | 0% |
|
1991 |
50 | RCM Marketing | India | 101 | 101 | 0% |
|
2001 |
©
Epixel MLM Software
Data updated in May 2024
Source - businessforhome.org
*The above list is subject to market changes and modifications.
Delve deeper into the ways in which the leading 100 MLM companies contribute to molding the global direct selling arena.
As we draw conclusions from the table, it’s evident that Infinitus holds the position of Asia's no. 1 company in direct selling. Ever since its establishment in 1992, Infinitus has experienced significant growth and prevalence in the Asian market over the past few decades.
The factors contributing to the growth of MLM companies in Asia have been substantial and that includes increasing urbanization, disposable incomes, and the use of advanced technologies.
Due to the presence of a diverse and dynamic market, MLM companies have been able to build extensive networks of distributors and customers, tapping into a vast potential customer base. Moreover, Asian citizens view network marketing to fulfill their entrepreneurial aspirations, enhance personal connections, and achieve financial independence.
Despite the geographical barriers, vibrant MLM markets have secured their place in the countries like China, Japan, and Malaysia. Take Coway, for example, which has solidified itself as a leader in the Asian market for top-tier purifiers since its inception in 1989 and is still instrumental by achieving substantial revenues of $2.9 billion 2023 and 2022 respectively. Furthermore, companies such as Atomy, established in 2009, have become global contenders in cosmetics by attaining a high hit record of $1.71 billion in the year 2023. This exemplifies the ongoing impact of MLM companies as they continue to contribute to entrepreneurial opportunities that make direct selling a popular choice in the gig economy marketplace.
Throughout Asian societies, the value of building brand credibility and fostering trustworthiness has been deeply ingrained. Consequently, the direct selling model has prioritized empowering its distributors with comprehensive training, valuable mentorship, and opportunities for leadership development. This approach resonates harmoniously with the growing emphasis on gender equality and empowerment of women in the region.
Top 10 direct selling companies in Asia 2024
1. Infinitus
Country: China
Founder: Lee Kum Kee Group
CEO: Lam Yu
Products & Services: Health
Top Earners: N/A
Website: www.infinitus-int.com
Achievements:
- Asia Pacific's Most Valuable Company 2022
- Won Product of The Year in Thailand’s Smart Awards 2022
- HR Asia Best Companies to work for in Asia 2022
2. Coway
Country: South Korea
Founder: Yoon Seok-geum
CEO: Jangwon Seo
Products & Services: Water care, air care, body care
Top Earners: N/A
Website: www.coway.com
Achievements:
- Ranked #8 in 2024 DSN Global 100
- Winner of the Red Dot Award 2023
- Winner of the iF Design Awards 2023
3. Atomy
Country: South Korea
Founder: Han-Gill Park
CEO: Han-Gill Park
Products & Services: Cosmetics, personal care , home care
Top Earners: N/A
Website: global.atomy.com/
Achievements:
- Ranked #12 in 2024 DSN Global 100
- Ranked #5 at the 21st 100 Best Workplaces in Korea hosted by the Great Places to Work Institute 2023
- Ranked #2 in the Small and Medium category of the 2022 list of the Best Workplaces in Asia
4. JoyMain Int.
Country: China
Founder: N/A
CEO: Xu Zhiwei
Products & Services: Nutrition & health care
Top Earners: N/A
Website: www.jmtop.com
Achievements:
- China's Top Ten Credible Brands for Healthcare Products
- China's 500 Most Valuable Brands
5. Perfect China
Country: China
Founder: N/A
CEO: Koo Yuen Kim
Products & Services: Health care, household, skin care, and personal care
Top Earners: N/A
Website: www.perfect100.com
Achievements:
- Top 100 Star Overseas Enterprise
6. Sunhope
Country: China
Founder: Kazuyuki Masumitsu
CEO: Shangji hen
Products & Services: Nutritious foods, skin care, home care
Top Earners: N/A
Website: www.sunhope.cn
Achievements:
- Perfect Enterprise of the year 2022
- Won Charity Driving Award of 2021
- Awarded the Health Industry Social Responsibility Star of 2021 by Finance China
7. New Era Health
Country: China
Founder: N/A
CEO: N/A
Products & Services: Health care, nutritious foods
Top Earners: N/A
Website: www.intgz.com/en
Achievements:N/A
8. Longrich
Country: China
Founder: Xu Zhiwei
CEO: Xu Zhiwei
Products & Services: Health care
Top Earners: N/A
Website: www.longrichbioscience.com
Achievements:
- Top 100 Growth Brand in Asia 2015
- GSK award for best supplier 2014
9. Quanjian
Country: China
Founder: Shu Yu Hui
CEO: Shu Yu Hui
Products & Services: Health care
Top Earners: N/A
Website: en.ziranyixue.com
Achievements: N/A
10. Crowd1
Country: UAE
Founder: Jonas Werner
CEO: Jonas Werner
Products & Services: Educational package
Top Earners: 2
Website: crowd1.com
Achievements: N/A
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Insights on MLM companies in Asia
To align with the expanding population of tech-savvy consumers in Asia, MLM companies have harnessed the power of digitalization and ecommerce. Today, online platforms, social media, and mobile applications have become integral tools for MLM businesses, facilitating product promotion, engaging with potential distributors, and proficiently managing their networks.
Direct selling industry in Asia
The direct selling industry in Asia experienced a notable transformation in its year over year performance. According to the World Federation of Direct Selling Association (WFDSA) 2019-2022 reports, the industry saw a decline of -9.9% in 2019 but steadily progressed to a modest growth of 0.2% by 2022.
Moreover, the Asian direct selling market has emerged as a significant powerhouse by contributing a substantial 57.3% to the global sales figures in the year 2023. This evolution underscores the region's pivotal role in shaping the future of the direct selling industry on a global scale.
Covering numerous countries and encompassing diverse economic environments, Asia’s top direct selling companies offer an exciting and thrilling experience for their customer base. These businesses have leveraged the region's robust social networks, offering a spectrum of products such as health and wellness (39%), cosmetics and personal care (17%) and household goods (25%). This strategic approach has contributed to the growth of their customer outreach.
Disclaimer: Epixel neither promotes nor supports any of the companies mentioned in this article nor their products or services. The facts published here are represented as reported in the direct selling industry. The facts don't reflect our priorities. The article was compiled based on available resources and does not represent special mentions or priorities to organizations, persons, or products.
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