China Beauty And Personal Care Products Market Size & Outlook
China beauty and personal care products market, 2016-2030 (US$M)
Related Markets
China beauty and personal care products market highlights
- The China beauty and personal care products market generated a revenue of USD 55.2 million in 2022 and is expected to reach USD 101.9 million by 2030.
- The China market is expected to grow at a CAGR of 8% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Color cometics is the most lucrative product segment registering the fastest growth during the forecast period.
Beauty and personal care products market data book summary
| Market revenue in 2022 | USD 55.2 million |
| Market revenue in 2030 | USD 101.9 million |
| Growth rate | 8% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Color cometics |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin care, Hair care, Color cometics, Fragrances |
| Key market players worldwide | Unilever PLC, The Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Revlon, Procter & Gamble Co, L'Oreal SA, Coty Inc Class A, Kao Corp, Avon Protection PLC, Oriflame Cosmetics |
Other key industry trends
- In terms of revenue, China accounted for 10.6% of the global beauty and personal care products market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China beauty and personal care products market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 61.5 million by 2030.
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Beauty And Personal Care Products Market Scope
Beauty And Personal Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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China beauty and personal care products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to beauty and personal care products market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 32.97% in 2022. Horizon Databook has segmented the China beauty and personal care products market based on skin care, hair care, color cometics, fragrances covering the revenue growth of each sub-segment from 2016 to 2030.
As China's middle-income population expands and disposable income increases, consumers are willing to spend more on premium and higher-quality products, including organic beauty and personal care products. China's rapid economic growth has led to heightened environmental concerns.
Consumers are seeking more sustainable products with lower environmental impact. Organic beauty and personal care products, often made with eco-friendly ingredients and biodegradable packaging, align with these sustainability preferences.
Reasons to subscribe to China beauty and personal care products market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China beauty and personal care products market databook
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Our clientele includes a mix of beauty and personal care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China beauty and personal care products market , including forecasts for subscribers. This country databook contains high-level insights into China beauty and personal care products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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China beauty and personal care products market size, by product, 2016-2030 (US$M)
China Beauty And Personal Care Products Market Outlook Share, 2022 & 2030 (US$M)
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