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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 2015

IBISWorld’s Cosmetic & Personal Care Product Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 10-15
12.2%
Annual Growth 15-20
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Profit
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Employment
127,828
Businesses
344
Industry Analysis & Industry Trends

The Cosmetic and Personal Care Product Manufacturing industry has posted strong growth over the past decade. China has become one of the largest cosmetics markets in the world and ranks first in Asia. Industry revenue has been growing at an annualized rate of 12.2% in the five years through 2015, to an estimated $19.9 billion. Over the next five years, industry revenue is forecast to grow 3.4% annually, to total $23.6 billion in 2020. Demand for cosmetic and personal care products in China is expected to be medium over the period; as the government continues to build a clean environment, consumption in gifts such as high-end cosmetics continues to decrease.

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

Industry Report - Industry SWOT Analysis Chapter

This industry is in the mature phase of its life cycle, as indicated by the moderate growth rate of industry value added (6.3%) over the decade to 2020. This is slightly higher than China's GDP growth of about 7.3% over the same period.

Many major enterprises monopolize the Chinese market, making it difficult for new companies to enter the industry. Over the 5 years to 2020, the number of industry enterprises has been increasing at an annualized rate of 0.3%.

China has a large potential market for cosmetics and personal care products. Currently, Chinese people spend less than $20 each year on such products per capita, much less than the world average. But the expenditure has been rising... 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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