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Consumer’s expanses for bath products have exceeded 50% in China
Beauty & Cosmetics Industry | Sectors & Industries

Consumer’s expanses for bath products have exceeded 50% in China

    China’s soap, bath and shower (SBS) product market value reached RMB20.1 billion, growing at a compound annual growth rate (CAGR) of 11.6% from 2007-12. The market growth is driven by the shower and liquid/gel soap categories as consumers increasingly shift from the basic soap bar to the more convenient format of liquid soap/shower…

Soap market in China: internal overview and trends in 2019
Beauty & Cosmetics Industry | Sectors & Industries

Soap market in China: internal overview and trends in 2019

    Revenue in the China soap manufacturing market and washing powder & synthetic detergent manufacturing industry has been increasing at an average annualized rate of 9.6% over the past five years. In 2013, the industry is expected to grow by 3.2% to $26.2 billion. ACMR-IBISWorld estimates that the top four industry participants – Procter…

Challenge for Veet: sell products that have never been sold in China before
Beauty & Cosmetics Industry | Sectors & Industries

Challenge for Veet: sell products that have never been sold in China before

China is fast becoming in the next few years the largest market in terms of cosmetics and especially skin care of the world. Despite the slowdown in the country’s growth, the beauty products sector has seen a total increase of 5% over the last ten years. Demand and beauty trends keep evolving offering businesses a relevant niche…

The Secret Weapon to Market any High End Shampoo Brands in China is this
Beauty & Cosmetics Industry | Sectors & Industries

The Secret Weapon to Market any High End Shampoo Brands in China is this

The Chinese hair care market is booming these days. Hair care, with high product penetration in China, recorded stable value growth in 2018, mainly driven by upgraded consumption, as consumers traded up to high-end products, resulting in the higher growth momentum of premium hair care than mass products or the industry average. It is not…