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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 | Feb 2016

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
$19bn
Annual Growth 10-15
7.1%
Annual Growth 15-20
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Profit
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Employment
127,828
Businesses
490
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 7.1% in the five years through 2015, to an estimated $18.7 billion.

Over the next five years, industry revenue is forecast to grow 7.6% annually, to total $27.0 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 growing phase of its life cycle, with value added increasing slightly faster than China's GDP growth between 2010 and 2020.

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. Especially, Chinese consumers have the largest consumption of luxurious cosmetic and personal care products worldwide.

China has now become an important global production base for cosmetics and personal products. As product quality and brand image improve, some domestic brands, such as Herborist, have sought to develop foreign markets... 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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