Male Cosmetic Experiencing Explosive Growth in China
Supported by investors, the Chinese male cosmetics market is accelerating its expansion. Many newly-founded brands achieved good grades in 2020, while some old brands fell behind. These emerging brands showed great performance for several reasons: clear brand position, affordable prices, attractive selling points, and accurate target consumers.
The End of CBD Products in China
On May 28, Inventory of Prohibited Ingredients for Cosmetics and Inventory of Prohibited Plant (Animal) Ingredients for Cosmetics are finally released and implemented. These two documents indicates that CBD is strictly banned in China from then on. Most E-commerce platforms and brands are still selling the last batch of products, but most manufacturers have fully stopped their production of CBD products.