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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

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
$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 Investment Chapter

The industry employs a significant number of workers. In 2014, there are 402 cosmetic and personal care product manufacturers employing 121,625 workers. Average employee wages are estimates at $943 per month in 2014, which is higher compared to many manufacturing industries in China.

The industry utilizes advanced manufacturing equipment and technologies to produce high quality products. As the automation level of production improves, the industry will become increasingly more capital-intensive.

Large players tend to invest heavily in developing new products to maintain market share. For example, Unilever spent 10 years developing an anti-dandruff product to break the hold of P&G's Head & Shoulders... 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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