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Cosmetic & Personal Care Product Manufacturing in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cosmetic & Personal Care Product Manufacturing Market Research Report | Mar 2014

The Cosmetic & Personal Care Product Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 09-14
9.9%
Annual Growth 14-19
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Profit
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Employment
121,625
Businesses
402
Industry Analysis & Industry Trends

The Cosmetic and Personal Care Product Manufacturing industry has shown strong growth over the past decade. China has become one of the largest cosmetics markets in the world and ranks second in Asia after Japan. Industry revenue has been growing at an annualized rate of 9.9% in the five years through 2014 to an estimated $17.0 billion. Over the next five years, industry revenue is forecast to grow 5.0% annually to total $21.5 billion in 2019. The demand for cosmetic and personal care products in China is expected to be high over the period, which serves as a strong driver. However, the rising price of raw materials continues to shrink profitability.

Chinese cosmetic and personal care product manufacturers mostly compete in lower-end markets.... purchase to read more

Industry Report - Industry Analysis Chapter

Revenue for the Cosmetic and Personal Care Product Manufacturing industry has been increasing at an annualized rate of 9.9% in the five years through 2014 to total $17.0 billion. China has become an important cosmetics market, ranking third after the United States and Japan globally, and second to Japan in Asia.

With a vast and growing base of consumers with significant purchasing power, the Chinese market for industry products is set to soar. The major drivers of industry growth include increased use of cosmetics and personal care products by Chinese people; a promising economic environment and increased income levels; and an emerging e-commerce platform for consumption.

Overall industry profit is estimated at 7.7% of revenue in 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cosmetic & Personal Care Product Manufacturing Industry?

The Cosmetic and Personal Care Product Manufacturing industry in China comprises businesses that manufacture skin cleansers and other skin care products, hair care products, deodorants, fragrances, and other toiletries. Raw materials are sourced from upstream chemical industries and the finished products are sold via extensive sales networks. Medical and pharmaceutical products are not included in this industry.

Industry Products
Skin care productsHair care productsCosmeticsFragrances
 
Industry Activities
Skin care product, including body wash, body lotion, cleansing cream, sunscreen preparation and afterhair care products (hair shampoo and hair conditioner)cosmetics (foundation, pre-makeup, face powder, eye shadow, lipstick and nail polish)fragrances (perfume, cologne and floral water)bath salts, deodorants, depilatory (hair removal) products and pilatory (hair growth) products


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