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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 2017

IBISWorld’s Cosmetic & Personal Care Product Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 11-16
9.6%
Annual Growth 16-21
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Profit
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Employment
144,519
Businesses
534
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 9.6% in the five years through 2016, to an estimated $22.2 billion.

Over the next five years, industry revenue is forecast to grow 8.0% annually, to total $32.6 billion in 2021. 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 Products Chapter

Skin care products

Skincare products are the largest segment in this industry, accounting for 55.2% of total industry revenue in 2016. 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 products

Hair care is a relatively mature segment with high penetration rates. In .. 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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