China Skin care Market Insights, Current And Future Market Trends & Forecast Till 2027

 

The GMI Research forecasts that the China Skin Care market is witnessing an upsurge in demand during the forecast period. This is mainly due to increasing disposable income and rising demand for organic and inorganic Skin Care products.

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Top Manufacturers in the China Skin Care Market:

·        L’Oréal S.A.

·        The Procter & Gamble Company

·        Estée Lauder Inc.

·        Shiseido Company Ltd.

·        Unilever

·        Johnson & Johnson

·        Beiersdorf AG

·        Kao Corporation

·        Pierre Fabre Group

·        Coty Inc.

China Skin Care Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The increasing disposable income and rising demand for organic and inorganic skin care products, particularly by the people residing in urban areas, are some of the major factors fuelling the growth of the China Skin Care market. Additionally, growing consumer awareness associated with several benefits of utilizing personal care products, followed by rising e-commerce penetration, will further propel the growth of the China Skin Care market. In addition to this, Chinese women are rapidly considering skin care products as essentials and are the highest consumer of these products. China is witnessing an upsurge in sales of skin care products and holds a significant share of sales in the Chinese cosmetics market.

Type Segment Drivers

Face Moisturizer segment is projected to dominate the market during the forecast period. This is attributed to the strong demand for moisturizing cream, which consists of special ingredients that help in preventing the loss of moisture from the skin, which in turn, is enhancing the demand for the China Skin Care market. Furthermore, the increasing demand for skin brightening cream, anti-aging cream, and sun protection cream among consumers will further energize the growth of the China Skin Care market in the upcoming years.

Concern Segment Drivers

The anti-aging segment is anticipated to grow at a higher CAGR during the forecast period owing to the strong demand for anti-aging cream and treatments, particularly by the urban population. These creams as well treatments can minimize the puffiness, firm the skin, renew skin elasticity, and restore radiance from anti-aging treatments. Moreover, there has been an increase in the demand for anti-aging Skin Care products in China due to the fear of aging among the young population.

China Skin Care Market Segmentation:

Segmentation by Type:

·        Face Moisturizer

·        Cleansers & Toner

·        Body Care

·        Serum

·        Others

Segmentation by Gender:

·        Male

·        Female

·        Infant

Segmentation by Concern:

·        Skin Brightening

·        Anti-aging

·        Sun Protection

·        Others

Segmentation by Distribution Channel:

·        Online Stores

·        Supermarkets

·        Specialized Stores

·        Other

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a leading market research company that offers market research reports for every industry. Our research teams have seasoned analysts and researchers and are always looking for industry-leading research techniques to create all-encompassing research reports. GMI Research's extensive global network allows it to collect relevant information about the industry on a regional as well as country-level basis. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of sectors. We provide step-by-step assistance to our clients through strategic and consulting services to reach a managerial and actionable decision. Our market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, major factors impacting the market growth, and various market insights to aid companies to make strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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