30 likes | 46 Vues
The China cosmetic products market size is projected to register a significant CAGR during the forecast period, 2021u20132028. The growth of the market is attributed to increasing female population, rising demand for organic cosmetics, increasing number of social media users, increasing urbanization, and high brand recognition among young consumers.
E N D
Cosmetic Products Market - China Industry Analysis, Growth, Share, Size, Trends, and Forecast The China cosmetic products market size is projected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing female population, rising demand for organic cosmetics, increasing number of social media users, increasing urbanization, and high brand recognition among young consumers. Cosmetics are intended to be used or applied to improve a person's attractiveness and physical appearance. Cosmetic products are primarily made from synthetic materials. Cosmetic firms are partnering with e-commerce enterprises in order to reach the widest possible audience and expand their client base. Aside from that, prominent companies in the cosmetics industry are focusing on novel marketing techniques to raise customer knowledge of the new products. Furthermore, due to growing consumer knowledge of the negative consequences of synthetic chemicals, demand for organic cosmetics has been expanding at a rapid rate in industrialized nations. Consumer demand for more utility and environment friendliness in cosmetic design has resulted in interesting cosmetic packaging and design advancements. To service the market, packaging manufacturers are delivering a wide range of new options and inventive technology. Various large corporations are demonstrating new packaging and design modifications. Request Sample link :- https://growthmarketreports.com/request-sample/2233 Market Trends, Drivers, Restraints, and Opportunities Increasing female population and a rising demand for organic cosmetics are expected to fuel the market during forecast period. Rapid urbanization is key factor propelling the market in the coming years. Risk of skin sensitivities and environmental concerns are estimated to restrict the market growth. Stringent laws governing the marketing of organic cosmetics act as major challenge that can impede the market expansion in the coming years.
Increasing online penetration of beauty and personal care products and the occurrence of cosmetic fairs and exhibitions are anticipated to create significant opportunities for the market players. Market Segment Insights: The hair styling & coloring products segment is projected to hold a major market share On the basis of product type, the China cosmetic productsmarket is divided into color cosmetics & hair styling and coloring products. The hair styling & coloring productssegment is expected to represent a key share of the market during forecast period. More women are entering the workforce in China, which is fueling the need to appear nice at work. Surprisingly, the cosmetics business has seen an increase in demand among males as a result of reasons such as increased knowledge, significance of grooming, and presence of more women at work. Hair is the most important aspect in the cosmetics category since it defines an individual's style and makes a fashion statement. As a result, the sector has seen an increase in the demand for styling products and hair color. Natural- ingredient goods, particularly those derived from fruits and plants, are in great demand. L'Oréal, for example, introduced Garnier Olia Coloration Permanente, a non-drip cream containing 60% natural floral oils. Enquiry Link :- https://growthmarketreports.com/enquiry-before-buying/2233 Competitive Landscape Key players competing in the China cosmetic productsmarket include Christian Dior SE, Amorepacific Group, Shiseido Co. Ltd, L’O’real S.A., and Estee Lauder Companies Inc. Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter