China Skin Care Supplements Market Size & Outlook
China skin care supplements market, 2018-2030 (US$M)
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China skin care supplements market highlights
- The China skin care supplements market generated a revenue of USD 483.2 million in 2023 and is expected to reach USD 809.9 million by 2030.
- The China market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, oral supplements was the largest revenue generating product in 2023.
- Topical Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Skin care supplements market data book summary
| Market revenue in 2023 | USD 483.2 million |
| Market revenue in 2030 | USD 809.9 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Oral supplements |
| Fastest growing segment | Topical Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral Supplements, Topical Supplements |
| Key market players worldwide | Alticor Corporate Enterprises, Nestle SA, Meiji Holdings Co Ltd, Unilever PLC, Johnson & Johnson, THG PLC Ordinary Share, Twinlab Consolidated Holdings Inc |
Other key industry trends
- In terms of revenue, China accounted for 13.6% of the global skin care supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China skin care supplements 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 481.1 million by 2030.
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Skin Care Supplements Market Scope
Skin Care Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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China skin care supplements 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 skin care supplements market will help companies and investors design strategic landscapes.
Oral supplements was the largest segment with a revenue share of 61.96% in 2023. Horizon Databook has segmented the China skin care supplements market based on oral supplements, topical supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The skin care supplements market in China is competitive, with numerous international brands and local players competing for the market share. Consumers are increasingly focused on beauty and skin care, driving the demand for these products.
Some key players operating in the market include brands, such as Amway, Perfect (China) Co., Ltd., and Nu Skin, among others. Some companies are undertaking numerous initiatives to enhance their market presence.
Several companies are expanding their business in the market. For instance, in February 2021, Vitabiotics Ltd, collaborated with Lazada Group and Alibaba Group to introduce some of its products, like Wellman and Well women, in China.
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Target buyers of China skin care supplements market databook
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Our clientele includes a mix of skin care supplements 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 skin care supplements market , including forecasts for subscribers. This country databook contains high-level insights into China skin care supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China skin care supplements market size, by product, 2018-2030 (US$M)
China Skin Care Supplements Market Outlook Share, 2023 & 2030 (US$M)
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