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 10.6% in the five years through 2017, to an estimated $24.1 billion.Over the next five years, industry revenue is forecast to grow 7.7% annually, to total $34.9 billion in 2022. 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 Statistics & Market Size
Revenue
$24bn
Annual Growth 12-17
10.6%
Forecast Growth 17-22
Profit
Employment
156,326
Businesses
1,548

Industry Threats & Opportunities

  • China is becoming the world's main manufacturing base for cosmetics and personal care products
  • Industry Report - Industry Products Chapter

    Skin care productsSkincare products are the largest segment in this industry, accounting for 55.2% of total industry revenue in 2017. Skincare products are used to clean and protect the skin, and to keep skin healthy. The vast majority of women use skincare products, underpinning skincare's dominance of the industry. Competition in skincare market is particularly intense. Asians commonly advocate fair skin and skin whitening, so its skincare spending is quite high. In whitening field, local Asian manufacturers such as Shiseido are expected to be the leading in this market.Hair productsHair care is a relatively mature segment with high penetration rates. In ...purchase to read more.

    Additional Insights for the Cosmetic & Personal Care Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cosmetic & Personal Care Product Manufacturing Industry are

  • Undertaking technical research and development
  • Downstream ownership links
  • Access to niche markets
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Department Stores and Downstream Demand - Supermarket and Grocery Stores in the Cosmetic & Personal Care Product Manufacturing industry impact industry performance..

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    What's in this report

    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 products
  • Hair care products
  • Cosmetics
  • Fragrances
  • Industry Activities
  • Skin care product, including body wash, body lotion, cleansing cream, sunscreen preparation and after
  • hair 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
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - Department Stores
  • Downstream Demand - Supermarket and Grocery Stores
  • Household Disposable Income
  • Key Attitudinal Changes - Health Consciousness
  • Other Fashion Trends - Hairdressing and Beauty Salons
  • World Prices - Manufactures - Complex Transformed - Petroleum Products

  • Current Performance
    International tradeProduct safety concernsTrends in product segments
  • Chart: Revenue Growth

  • Industry Outlook
    Exports and importsProduct trends
  • Table: Cosmetic & Personal Care Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cosmetic & Personal Care Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Department Stores & Shopping Malls
  • Supermarkets
  • Pharmacies & Drugstores
  • Skin Care, Hairdressing & Beauty Services
  • Online Shopping

  • Key Selling Industries
  • Fragrance and Essence Manufacturing
  • Industrial Gas & Basic Chemical Manufacturing
  • Organic Chemical Material Manufacturing

  • Products & Services
  • Skin care products
  • Hair care products
  • Cosmetics
  • Fragrances
  • Other
  • Chart: Cosmetic & Personal Care Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Economic conditions
  • Consumer tastes
  • Research and development of new products
  • Marketing networks

  • Major Markets
  • General supermarkets and convenience stores
  • Department stores
  • Online shopping
  • Exports
  • Cosmetics supermarkets
  • Other
  • Pharmacies
  • Chart: Major Market Segmentation for the Cosmetic & Personal Care Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Chart: Cost Structure Benchmarking – Sector vs Cosmetic & Personal Care Product Manufacturing

  • Basis of Competition
  • Price
  • Service
  • Branding
  • Product type
  • New product innovation
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cosmetic & Personal Care Product Manufacturing Industry

  • Industry Globalization
    L'Oreal China, Mary Kay (China) Inc., Procter & Gamble (China) Ltd., Shiseido Group (China), Shanghai Jahwa United Co., Ltd,
  • Table: L'Oreal China - financial performance
  • Table: Mary Kay (China) Inc. - financial performance
  • Table: Procter & Gamble (China) Ltd. - financial performance
  • Table: Shiseido Group (China) - financial performance
  • Table: Shanghai Jahwa United Co., Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Cosmetic & Personal Care Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Cosmetic & Personal Care Product Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Essence Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Deodorant
  • A substance applied to the skin to mask or suppress body odors.
  • Depilatory
  • Refers to a substance with the ability to remove hair.
  • Male Grooming
  • Male cleansing activities, including washing and styling the hair, and cosmetic care of the body, such as shaving.
  • What Our Customers Say

    Why buy this report?

    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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Cosmetic & Personal Care Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cosmetic & Personal Care Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cosmetic & Personal Care Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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