Mar. 27 – Skincare and cosmetics Chinese importers presents a range of facts and statistics on the cosmetics market opportunities in China, according to statista, skincare China: Revenue in the Cosmetics segment amounts to US$14182.9m in 2020. The market is expected to grow annually by 9.6% (CAGR 2020-2023).
Skincare and Cosmetics in China
Skincare and Cosmetics are not well defined since those products are became more complicated for beauty and skincare, and popular relatively nowadays in China. There are skincare products with cosmetic features, some of the products commonly referred to as “personal care products” are cosmetics, for example, skin moisturizers, perfumes, lipsticks, fingernail polishes, eye and facial makeup preparations, shampoos, permanent waves, hair colours, toothpastes, and deodorants, etc., As experts indicate that skincare is way more important than makeup. It is indeed the case with China which skincare exists long before cosmetics, the sales of skincare products are far frequent and higher percentage than popular cosmetics. Although most skincare products are not high priced than cosmetics, but frequently sale rate is skincare products, with almost 1.4 billion Chinese populations, skincare products have more average demand than cosmetics. Skincare comes to the first; beauty is secondary with Chinese situation in general. Skincare products raise demand among older Chinese, and cosmetics popular among the younger.
Skincare and Cosmetics Market Opportunities in China
The quality of skincare and cosmetic products are important for the Chinese consumers nowadays, imported skincare and cosmetics products are still have vast attraction among enthusiastic customers in local China, the sales are keeping raising, imported premium skincare and cosmetic products are the symbol for higher quality and stands for value and worth in return. Today, in China the skincare segment signifies a predominantly great share of the cosmetic market (50%), and skincare products are going to a period of sophistication for details, in which Chinese consumers demand for advanced quality that bring higher value, sophisticated features are under the eye-catching and searched in counters which gain more attraction and promote more sales, and Chinese customers are willing to purchase higher quality products with sophisticated features for higher price and high value in return.
Chinese Importers for Skincare and Cosmetic Products
China’s new lifestyle trends boost skincare and cosmetic products Import from its Western origins. Chinese consumers are embracing a more healthy skincare lifestyle in greater numbers, reflected in their spending habits are moving beyond consumer products. Importers in China’s skincare and cosmetics segments also watch out for new niche products. Today, with growing numbers of Chinese consumers embracing a more active and healthy lifestyle, demand for skincare and cosmetics with sophisticated features are claiming to higher level, reaching to men skincare and cosmetic section. China market presents massive potentials for foreign products enter into the country’s locals in various levels. For global or local skincare and cosmetics producers, skincare exports, cosmetics businesses attempt to search for market opportunities in China, now, it is right time to enter into China, to profit from its know-how competence, knowledge and proficiency. DCCC provides you with practical solution to connect with Chinese importers, the List of Chinese Importers for Skincare and Cosmetic Products available upon request, Please contact DCCC- the organization assists foreign companies to connect with reliable Chinese importers, distributors for Consumers Goods. Email email@example.com