Page 40 - 2024 ANNUAL REPORT FAIR TRADE COMMISSION
P. 40
Fair Trade Commission Annual Report 2024
to understand the developments in the industry. On Jul, 31, 2024, the FTC released the 2023 Multi-level Marketing Business Management Condition Survey Report. The survey showed that there were about 331 businesses that had completed registration in 2023, and that there were about 3.713 million participants in the same year, or an increase of 227,000 from 2012. Female sales of multi-level marketing businesses increased compared to 2022, reaching 108.368 billion dollars. Sales of nutritional products accounting for the largest share, totaled 70.835 skincare products.
2023 Spread of Multi-level Marketing Sales
Spread of Multi-level Mar- keting Sales
No. of Businesses (People)
Percentage (%)
Sales (million dollars)
Ratio to Total Sales (%)
Total
331
100.00
108,368.60
100.00
(3,712,988)
Less than 1 million
46
13.90
14.45
0.01
(1,855)
1 million to less than 10 mil- lion
77
23.26
357.30
0.33
(28,678)
10 million to less than 100 million
116
35.05
4,299.08
3.97
(297,958)
100 million to less than 500 million
55
16.62
12,758.35
11.77
(519,304)
500 million to less than 1 billion
14
4.23
9,442.26
8.71
(456,377)
More than 1 billion
23
6.95
81,497.17
75.20
(2,408,816)
38
Note: The percentages were rounded to 2 decimal places; hence, the total could have errors to 2 decimal places.
