China Cosmetics Market (By Product Type and Distribution Channel): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)
The Chinese cosmetics market is expected to record a value of US$87.64 billion in 2025, increasing at a CAGR of 6%, for the duration spanning 2021-2025. The factor such as growing female population, upsurge in organic cosmetics demand, escalating number of social media users, rapid urbanization and strong brand awareness among young consumers would drive the growth of the market. However, the market growth would be challenged by risk associated with skin allergies, environmental issues and strict regulations regarding the organic cosmetics marketing. A few notable trends may include rising online penetration of beauty & personal care products, occurrence of cosmetic fairs & exhibitions, growing opportunities for international skincare brands in China and rising demand for innovatively packaged cosmetics.
In China, cosmetics market holds a lucrative growth opportunity for future as the demand for beauty and skincare products is rising significantly. Chinese cities are considered as world’s most polluted cities due to rapid industrialization. Therefore, air pollution leads to skin problems such as dryness, itching, & rashes and several hair problems in China. This is anticipated to increase the purchase and use of cosmetic products to prevent and control damage, thereby boosting the growth of the cosmetics market.
The cosmetics market is segmented based on product type and distribution channel. Both the segments show significant growth over the years. However, the outbreak of the COVID-19 pandemic posed a major challenge for the cosmetic companies in China. Due to the lockdown, cosmetic manufacturers had to shut down their production units as a result of the labor shortage and numerous cosmetic stores were forced close, which had a negative impact on the growth of the cosmetic market in China.
Scope of the report:
The report provides a comprehensive analysis of the Chinese cosmetics market.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (LVMH, L'Oreal, The Estée Lauder Companies, Shiseido, Amorepacific Corporation and Proya Cosmetics) are also presented in detail.
Key Target Audience:
Cosmetic Products Manufacturers
Cosmetic Chemical Manufacturers
Raw Material Suppliers
Potential Audience (Beauty Industry, Specialty Stores, End Consumers)
Investment Banks
Government Bodies & Regulating Authorities
- 1. Market Overview
- 1.1 Introduction
- 1.2 Various Types of Cosmetic Raw Materials
- Table 1: Various Types of Cosmetic Raw Materials
- 1.3 Formulation of Cosmetic Products
- Table 2: Formulation of Cosmetic Products
- 1.4 Components of Cosmetics
- Table 3: Components of Cosmetics
- 1.5 Categories of Cosmetic Products
- Table 4: Categories of Cosmetic Products
- 2. Impact of COVID-19
- 2.1 Decline in Monthly Cosmetics Sales
- Table 5: China Retail Trade Revenue of Cosmetics (2020)
- 2.2 Negative Influence on the E-Commerce Platform
- Table 6: Monthly Sales at China’s Major Online Shopping Platforms (Tmall & Taobao) (2020)
- 2.3 Implications on Cosmetic Market Players
- Table 7: Net Income Growth Rate of Cosmetic Market Players (2019-2020)
- 2.4 Impact on the Categories of Beauty Industry
- 3. China Market Analysis
- 3.1 China Cosmetic Market by Value
- Table 8: China Cosmetic Market by Value (2016-2020)
- 3.2 China Cosmetic Market Forecast by Value
- Table 9: China Cosmetic Market Forecast by Value (2021-2025)
- 3.3 China Cosmetic Market by Product Type
- Table 10: China Cosmetic Market by Product Type (2020)
- 3.3.1 China Skincare Market by Value
- Table 11: China Skincare Market by Value (2016-2020)
- 3.3.2 China Skincare Market Forecast by Value
- Table 12: China Skincare Market Forecast by Value (2021-2025)
- 3.3.3 China Makeup Market by Value
- Table 13: China Makeup Market by Value (2016-2020)
- 3.3.4 China Makeup Market Forecast by Value
- Table 14: China Makeup Market Forecast by Value (2021-2025)
- 3.3.5 China Hair Care Market by Value
- Table 15: China Hair Care Market by Value (2016-2020)
- 3.3.6 China Hair Care Market Forecast by Value
- Table 16: China Hair Care Market Forecast by Value (2021-2025)
- 3.3.7 China Fragrance Market by Value
- Table 17: China Fragrance Market by Value (2016-2020)
- 3.3.8 China Fragrance Market Forecast by Value
- Table 18: China Fragrance Market Forecast by Value (2021-2025)
- 3.4 China Cosmetic Market by Distribution Channels
- Table 19: China Cosmetic Market by Distribution Channels (2020)
- 3.4.1 China Ecommerce Cosmetic Market by Value
- Table 20: China Ecommerce Cosmetic Market by Value (2016-2020)
- 3.4.2 China Ecommerce Cosmetic Market Forecast by Value
- Table 21: China Ecommerce Cosmetic Market Forecast by Value (2021-2025)
- 3.4.3 China Supermarket Cosmetic Market by Value
- Table 22: China Supermarket Cosmetic Market by Value (2016-2020)
- 3.4.4 China Supermarket Cosmetic Market Forecast by Value
- Table 23: China Supermarket Cosmetic Market Forecast by Value (2021-2025)
- 3.4.5 China Departmental Stores Cosmetic Market by Value
- Table 24: China Departmental Stores Cosmetic Market by Value (2016-2020)
- 3.4.6 China Departmental Stores Cosmetic Market Forecast by Value
- Table 25: China Departmental Stores Cosmetic Market Forecast by Value (2021-2025)
- 3.4.7 China Convenience Stores Cosmetic Market by Value
- Table 26: China Convenience Store Cosmetic Market by Value (2016-2020)
- 3.4.8 China Convenience Stores Cosmetic Market Forecast by Value
- Table 27: China Convenience Stores Cosmetic Market Forecast by Value (2021-2025)
- 3.4.9 China Drugstore Cosmetic Market by Value
- Table 28: China Drugstore Cosmetic Market by Value (2016-2020)
- 3.4.10 China Drugstore Cosmetic Market Forecast by Value
- Table 29: China Drugstore Cosmetic Market Forecast by Value (2021-2025)
- 3.4.11 China Direct Selling Cosmetic Market by Value
- Table 30: China Direct Selling Cosmetic Market by Value (2016-2020)
- 3.4.12 China Direct Selling Cosmetic Market Forecast by Value
- Table 31: China Direct Selling Cosmetic Market Forecast by Value (2021-2025)
- 3.5 China Cosmetic Import by Value
- Table 32: China Cosmetic Import by Value (2016-2020)
- 3.6 China Cosmetic Import Forecast by Value
- Table 33: China Cosmetic Import Forecast by Value (2021-2025)
- 3.7 China Cosmetic Import by Volume
- Table 34: China Cosmetic Import by Volume (2016-2020)
- 3.8 China Cosmetic Import Forecast by Volume
- Table 35: China Cosmetic Import Forecast by Volume (2021-2025)
- 3.9 China Cosmetic Export by Value
- Table 36: China Cosmetic Export by Value (2016-2020)
- 3.10 China Cosmetic Export Forecast by Value
- Table 37: China Cosmetic Export Forecast by Value (2021-2025)
- 3.11 China Cosmetic Export by Volume
- Table 38: China Cosmetic Export by Volume (2016-2020)
- 3.12 China Cosmetic Market Export Forecast by Volume
- Table 39: China Cosmetic Market Export Forecast by Volume (2021-2025)
- 4. Market Dynamics
- 4.1 Growth Drivers
- 4.1.1 Growth in Female Population
- Table 40: China Female Population(2016-2020)
- 4.1.2 Upsurge in Organic Cosmetics Demand
- Table 41: China Organic Cosmetics Retail Sales (2015-2019)
- 4.1.3 Escalating Number of Social Media Users
- Table 42: Number of Social Network Users in China (2020-2024)
- 4.1.4 Rapid Urbanization
- Table 43: China Urban Population (2016-2020)
- 4.2.5 Strong Brand Awareness Among Young Consumers
- 4.2 Key Trends and Developments
- 4.2.1 Rising Online Penetration of Beauty & Personal Care Products
- Table 44: China Penetration Rate of Online Beauty Products Sales (2020-2024)
- 4.2.2 Occurrence of Cosmetic Fairs and Exhibitions
- Table 45: Selected Cosmetic Fairs in China (2020-2021)
- 4.2.3 Growing Opportunities for International Skincare Brands in China
- 4.2.4 Rising Demand for Innovatively Packaged Cosmetics
- 4.3 Challenges
- 4.3.1 Risk Associated with Skin Allergies
- 4.3.2 Environmental Issues
- 4.3.3 Strict Regulations Regarding the Organic Cosmetics Marketing
- 5. Competitive Landscape
- 5.1 China Market
- 5.1.1 Key Players – Revenue Comparison
- Table 46: Key Players – Revenue Comparison (2019/2020)
- 5.1.2 Key Players – Market Capital Comparison
- Table 47: Key Players – Market Capital Comparison (2021)
- 5.1.3 China Major Brands by Products
- Table 48: China Major Brands by Products
- 5.1.4 China Colour Cosmetics Market Share by Company
- Table 49: China Colour Cosmetics Market Share by Company (2020)
- 5.1.5 China Skincare Market Share by Company
- Table 50: China Skincare Market Share by Company (2020)
- 5.1.6 China Colour Cosmetic Market Share by Brands
- Table 51: China Colour Cosmetic Market Share by Brands (2020)
- 5.1.7 China Skincare Market Share by Brands
- Table 52: China Skincare Market Share by Brands (2020)
- 6. Company Profiles
- 6.1 LVMH
- 6.1.1 Business Overview
- 6.1.2 Financial Overview
- Table 53: LVMH Revenue and Net Profit (2016-2020)
- Table 54: LVMH Revenue by Business Group (2020)
- Table 55: LVMH Revenue by Regions (2020)
- 6.1.3 Business Strategies
- 6.2 L'Oreal
- 6.2.1 Business Overview
- 6.2.2 Financial Overview
- Table 56: L'Oreal Sales and Net Income (2016-2020)
- Table 57: L'Oreal Sales by Divisions (2020)
- Table 58: L'Oreal Sales by Regions (2020)
- 6.2.3 Business Strategies
- 6.3 The Estée Lauder Companies
- 6.3.1 Business Overview
- 6.3.2 Financial Overview
- Table 59: The Estée Lauder Companies Net Sales and Net Earnings (2016-2020)
- Table 60: The Estée Lauder Companies Net Sales Net Sales by Segments (2020)
- Table 61: The Estée Lauder Companies Net Sales by Regions (2020)
- 6.3.3 Business Strategies
- 6.4 Shiseido
- 6.4.1 Business Overview
- 6.4.2 Financial Overview
- Table 62: Shiseido Net Sales and Net Loss (Profit) (2016-2020)
- Table 63: Shiseido Net Sales by Segments (2020)
- 6.4.3 Business Strategies
- 6.5 Amorepacific Corporation
- 6.5.1 Business Overview
- 6.5.2 Financial Overview
- Table 64: Amorepacific Corporation Revenue and Net Profit (2016-2020)
- Table 65: Amorepacific Corporation Revenue by Divisions (2020)
- 6.5.3 Business Strategies
- 6.6 Proya Cosmetics
- 6.6.1 Business Overview
- 6.6.2 Financial Overview
- Table 66: Proya Cosmetics Revenue and Net Income (2015-2019)
- 6.6.3 Business Strategies