Market revenue in 2022 | USD 29,359.5 million |
Market revenue in 2030 | USD 45,203.7 million |
Growth rate | 5.5% (CAGR from 2022 to 2030) |
Largest segment | Health & wellness |
Fastest growing segment | Cosmetics and Personal Care |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Health & Wellness, Cosmetics and Personal Care, Household Goods & Durables |
Key market players worldwide | Amway Corporation, Herbalife Ltd, Natura &Co Holding SA ADR, Friedrich Vorwerk Group SE ADR, Nu Skin Enterprises Inc Class A, Tupperware Brands Corp, Oriflame |
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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 direct selling market will help companies and investors design strategic landscapes.
Health & wellness was the largest segment with a revenue share of 40.76% in 2022. Horizon Databook has segmented the China direct selling market based on health & wellness, cosmetics and personal care, household goods & durables covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of this market can be attributed to the presence of a large number of manufacturers in the country. The direct selling market in China is expected to boom in the upcoming years driven by the significant advantages of direct selling through cross-border channels, where products are shipped directly from foreign manufacturers and distributors to consumers through bonded warehouses or a pre-approved customs channel.
Horizon Databook provides a detailed overview of country-level data and insights on the China direct selling market , including forecasts for subscribers. This country databook contains high-level insights into China direct selling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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