Sectors

Natural Beauty

Skincare and beauty brands leveraging unique botanical ingredients with innovative formulations. These natural cosmetics creators harness potent plant extracts from biodiverse regions, creating effective beauty products that combine traditional herbal knowledge with modern dermatological science.

22 Brands
Natural-Beauty

Botanical Innovation

Unique plant ingredients from biodiverse regions create differentiation in crowded beauty markets. Natural cosmetics offer premium pricing, clean beauty positioning, and ingredients that synthetic alternatives can't replicate—formula protection through geography.

Explore Brands by Location

Interactive map showing brand locations across the Global South. Use proximity search, view regional clusters, and explore nearby brands.

Use arrow keys to pan, plus and minus to zoom. Click markers to view brand details.

Map data © CARTO © OpenStreetMap contributors

Resilient Brands

Naran Group
Resilient Brand

Naran Group

Mongolia had never known private enterprise. Naran borrowed $8,000 in 1990 — and hasn't missed a TOP-100 enterprise ranking since 2008.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 1990
HARNN
Resilient Brand

HARNN

Every Bangkok mall rejected HARNN. The airport counter they settled for launched a rice bran oil brand to 17 countries and a $30.3 million exit.

Bangkok 🇹🇭
Corporate · Contract Brand
Founded 1999
THANN
Resilient Brand

THANN

Never borrowed a baht in 23 years. When COVID struck three months after a $20M resort opening, zero-debt discipline became THANN's survival.

Bangkok 🇹🇭
Founder-Owned · Manufacturer
Founded 2002
Natura Siberica
~₽10.2B RUB
REVENUE
Resilient Brand

Natura Siberica

A $5,000 soap formula became Russia's top organic brand. Then the founder died without a will—and the fairy tale outlived its storyteller.

Moscow 🇷🇺
Corporate · Vertically Integrated
Founded 2008
Dr. Baatar Brand
~₮3.5B MNT ($1M USD)
REVENUE
Resilient Brand

Dr. Baatar Brand

Seven Shopify products hide a 500-year medical dynasty — 120+ herbal medicines, 1,300 pharmacies, and Mongolia's highest medical honor.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2009
Goo
~₮5B MNT ($1.5M USD)
REVENUE
Resilient Brand

Goo

Zero capital, zero connections. A 20-year-old sold 5,000 bath bombs in 90 days and built Mongolia's first organic empire — no outside investors.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2014
Urgana
~₮1.7B MNT ($500K USD)
REVENUE
Resilient Brand

Urgana

746 monasteries burned to erase Mongolian traditional medicine. One healing lineage survived in secret. The tenth generation now sells it.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2015
MonCream
~₮1B MNT ($300K USD)
REVENUE
Resilient Brand

MonCream

A food mixer and three employees in 1989. Zero revenue by 1992. The nettle shampoo that survived became Mongolia's first cosmetics export.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 1989
Siberi Farm
~₮9B MNT ($2.6M USD)
REVENUE
Resilient Brand

Siberi Farm

She left a 161-country cosmetics career to return to a Mongolian farm. Four staff then built a four-country export architecture for 12 markets.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2013
Lhamour
~₮17B MNT ($5M USD)
REVENUE
Resilient Brand

Lhamour

Twelve days after opening, thieves stole everything. Khulan caught the thief herself, survived three floods, built Mongolia's export leader

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2014

Profiled Brands

Amuulai LLC

Amuulai LLC

Built Mongolia's beauty retail rails — 50+ stores, 264 brands — then took Asia's longest-running Yves Rocher franchise from its largest rival.

Ulaanbaatar 🇲🇳
Founder-Owned · Retail Operator
Founded 2002
Setsuka Shop

Setsuka Shop

Eighteen days after lockdown lifted, six days before flights resumed—Setsuka Shop opened its flagship store on pre-positioned inventory.

Ulaanbaatar 🇲🇳
Founder-Owned · Retail Operator
Founded 2013
Erb
THB 71.1M (~$2M USD)
REVENUE

Erb

A Thai beauty brand built on Rama V court flower recipes — COVID destroyed 40% of revenue, then a THB 72M corporate deal reshaped its future.

Bangkok 🇹🇭
Founder-Owned · Vertically Integrated
Founded 2000
Panpuri
~THB 1.1B (~$32M USD)
REVENUE

Panpuri

Told for a decade that Thai luxury was impossible. Revenue hit zero during COVID. Then tripled to $32M — and KOSE paid $79M to acquire it.

Bangkok 🇹🇭
Founder-Owned · Vertically Integrated
Founded 2003
ENARU
~₮225M MNT ($66K USD)
REVENUE

ENARU

Twenty-six products became three. Staff fell from eleven to seven. The pruning produced one of two Mongolian cosmetics with EU registration.

Ulaanbaatar 🇲🇳
Founder-Owned · Manufacturer
Founded 2016
Huba Haya
~₮7B MNT ($2M USD)
REVENUE

Huba Haya

Mongolia's first ISO-certified sea buckthorn factory — German-engineered on Chinggis Khan's winter camp, exporting to five countries.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2004
Gilgerem
~₮350M MNT ($100K USD)
REVENUE

Gilgerem

Fifteen rival brands, one export identity, a Berlin storefront — an English teacher built Mongolia's collective path to European shelves.

Ulaanbaatar 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2016
Gobi Goo
<₮100M MNT (<$30K USD)
REVENUE

Gobi Goo

A beautician in the Gobi Desert sources camel milk from herders 216 kilometers away to make cosmetics no coastal competitor can replicate.

Dalanzadgad, Ömnögovi 🇲🇳
Founder-Owned · Vertically Integrated
Founded 2020

Listed Brands

Directory of emerging brands in our research pipeline.

BrandLocationFoundedWebsite
LaPerla Mongolian Ulaanbaatar 🇲🇳2016
Monos Cosmetics Ulaanbaatar 🇲🇳1990
Uulen Ulaanbaatar 🇲🇳2018

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