Home / News / Details

Chinese Cosmetic Consumers: Trends and Forecasts

In a background of slowing economic growth and a palpable downturn in the willingness of Chinese consumers to spend, China’s cosmetic sector is a bright point which has maintained impressive growth. According to data from China’s National Bureau of Statistics (NBS) [1], retail of cosmetics in Q1 2019 increased by 10.9% year-on-year to 75.3 billion CNY. In 2019, AskCI expects the total retail sales of cosmetics in China will exceed 295 billion CNY [2].

Please Log in or Sign up (FREE) to read the full content.
We provide full-scale Chinese cosmetic market entry services (including cosmetic registering & filing, regulatory consultation, customized training, market research, branding strategy). Please contact us to discuss how we can help you by cosmetic@chemlinked.com
Copyright: unless otherwise stated all contents of this website are ©2020 - REACH24H Consulting Group - All Rights Reserved - For permission to use any content on this site, please contact cleditor@chemlinked.com