China Skin Care Market Forecast 2022-2028
KEY FINDINGS
The China skin care market is expected to record a CAGR of 6.73% during the forecast period, 2022-2028. The market growth is attributed to thriving home brands, increasing prevalence of the online marketplace, and premiumization trends. However, the market growth is restrained by stringent regulations.
MARKET INSIGHTS
In China, domestic brands are leveraging the national wave, supplemented by the increasing confidence in 'China Cool' and an inclination toward local brands. Also, the stereotype regarding the quality of Chinese products is no longer relevant, given its evolvement brought on by cutting-edge technologies and value for money.
Also, many domestic enterprises are prioritizing research and development and cultivating a deeper understanding of the demands of local consumers. For instance, Bloomage BioTechnology is a major supplier of hyaluronic acid globally. It has launched several B2C brands locally in line with the medical beauty industry prospects. The brands are QUADHA and Biohyalux, which entail advanced extracting technology and high potency hyaluronic acid. Such factors drive the China skin care market growth.
COMPETITIVE INSIGHTS
Some of the eminent companies in the market include L'Oréal (China) Co Ltd, Procter & Gamble (Guangzhou) Ltd, Estée Lauder (Shanghai) Commercial Co Ltd, Jala (Group) Co Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Country Snapshot
- 2.3. Country Analysis
- 2.4. Key Growth Enablers
- 2.5. Key Challenges
- 3. Key Analytics
- 3.1. Impact Of Covid-19 On China Skin Care Market
- 3.2. Key Market Trends
- 3.2.1. Premiumization Trend
- 3.2.2. Diversified Digital Marketing Strategies
- 3.3. Porter’s Five Forces Analysis
- 3.3.1. Buyers Power
- 3.3.2. Suppliers Power
- 3.3.3. Substitution
- 3.3.4. New Entrants
- 3.3.5. Industry Rivalry
- 3.4. Opportunity Matrix
- 3.5. Pest Analysis
- 3.6. Value Chain Analysis
- 3.7. Key Buying Criteria
- 3.7.1. Brand Name
- 3.7.2. Price
- 3.7.3. Product Features
- 3.7.4. Product Label
- 4. Market By Type
- 4.1. Body Care
- 4.1.1. Firming/Anti-cellulite Body Care
- 4.1.2. General Purpose Body Care
- 4.2. Facial Care
- 4.2.1. Acne Treatment
- 4.2.2. Face Masks
- 4.2.3. Facial Cleansers
- 4.2.4. Cleansing Wipes
- 4.2.5. Lip Care
- 4.2.6. Toners
- 4.3. Hand Care
- 4.3.1. Premium Hand Care
- 4.3.2. Mass Hand Care
- 4.4. Skin Care Sets/Kits
- 5. Market By Distribution Channel
- 5.1. Hypermarkets
- 5.2. Supermarkets
- 5.3. Beauty Specialists
- 5.4. Department Stores
- 5.5. E-commerce
- 5.6. Other Distribution Channels
- 6. Competitive Landscape
- 6.1. Market Share Analysis
- 6.1.1. Skin Care
- 6.2. Brand Share Analysis
- 6.2.1. Skin Care
- 6.3. Company Profiles
- 6.3.1. Estee Lauder (Shanghai) Commercial Company Ltd
- 6.3.2. Jala (Group) Co Ltd
- 6.3.3. L'oréal (China) Co Ltd
- 6.3.4. Procter & Gamble (Guangzhou) Ltd
- 6.3.5. Shiseido China Co Ltd
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