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According to the National Bureau of Statistics of China (NBS), retail sales of cosmetics of enterprises above designated size** reached 162.5 billion yuan, up by 13.3% year-on-year (yoy) in 2013. China’s Cosmetics Market I. China's cosmetics market size, import and export, product structure, channel structure, regional structure, tariff policy, etc. Considering that derma cosmetics is a concept that incorporates skincare products for sensitive skin, the derma cosmetics market in China’s Alibaba platform is at least 270 million yuan. Succeeding online in China’s cosmetics market in 2020 Chinese consumers’ appetite for foreign and domestic cosmetics brands has stoked impressive growth in an industry that includes makeup, skincare and haircare. China’s cosmetics market has delivered sustained growth over the past few years. Mar. Data from Euromonitor reveals that total retail sales of skincare products and make-up products in
China's Beauty Market - 2018 Q4 Skincare Market Review (2019 Report) ... We hope that this report will help you to interpret the rapidly changing China's cosmetics market more quickly and easily. Overall, the highest sales in China was generated in Q4, with Single's Day on Nov.11 and 12.12 Shopping Day having the highest sales during the year. 27 – Skincare and cosmetics Chinese importers presents a range of facts and statistics on the cosmetics market opportunities in China, according to statista, skincare China: Revenue in the Cosmetics segment amounts to US$14182.9m in 2020.The market is … The market size of skincare products for ‘sensitive skin’ is 270 million yuan (1.2% of total skincare market). Today, the size of the country’s cosmetic market … China’s skincare market is going through a “premiumization” stage, in which local consumers are willing to pay a higher price for higher quality products.
Chineseconsumers between the ages of 20-25 and 25-30 have distinct eye skincare needs,and our analysis suggests this difference hasn’t been fully captured bydomestic and foreign brands.Particularly, the focus of costumers aged 20-25clusters around hydration, brightening and de-puffing. The market that had been soaring slowed down last December, and everyone is keeping an eye on the change in the market.In Q4 of 2018, the M/S of TOP 500 brands by country was China (52%) > Europe (14%) > Japan (11%) > US (11%) > Korea (9%). China’s urban professionals are spending more on skincare than luxury. We also hope that many companies use this report to building a successful strategy in the Chinese market.The Chinese economy in a state of flux due to the declining export market caused by the trade war between the United States and China, the China beauty market is currently in the first adjustment period from the rapid growth.